Hemp Finance, Investing and Banking News

Colorado City Giving Hemp Firm $5M in Incentives

The city of Pueblo, Colorado, is giving an upstart company a package of incentives worth $4.89 million to buy equipment and transform a long-shuttered former Boeing plant into a large CBD and hemp processing facility. The deal marks the first time a city has backed a hemp company to spur economic development, according to a statement from the […]

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22 Companies Investing in Kentucky Hemp Industry

Kentucky may just get the industrial revolution it was hoping for from hemp. So far, the state has seen 22 companies throw money into industrial hemp cultivation and processing, fueling hopes that the plant will rejuvenate Kentucky’s lagging agricultural economy. One company, GenCanna, has even pumped $5 million into a 100-acre grow site for industrial hemp and is hoping […]

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