Parent company of embattled CBD firm files for bankruptcy

A land-development company that includes an Arizona CBD firm battling investor fraud claims has filed for federal bankruptcy protection. Integrated AG is a private equity investor that redeveloped farmland in the western U.S. Integrated AG is a private equity investor that redeveloped farmland in the western U.S. Integrated AG, parent company of Integrated CBD, filed… Continue reading Parent company of embattled CBD firm files for bankruptcy

First Big Tobacco cannabis player backs out after bankruptcy

The first Big Tobacco company to join the hemp and marijuana industries is getting back out. Pyxus International, one of the world’s largest tobacco suppliers, said Thursday that it will focus on its more profitable tobacco and liquid nicotine products after filing for bankruptcy in June. Based in Morrisville, North Carolina, Pyxus was growing hemp… Continue reading First Big Tobacco cannabis player backs out after bankruptcy