A Kentucky-based company that produces CBD has filed a $44 million lawsuit against an Oregon company, claiming it sold nearly worthless hemp seeds that ruined the 2019 crop.  According to the Oregonian, the crop was destined to help fulfill the country’s booming demand for CBD, which has soared in popularity recently as a treatment for health problems from anxiety to insomnia.

 

But Elemental Processing of Lexington, KY claims those plans tanked when HP Farms of Troutdale, sold it more than 6 million seeds that were mostly “male.”  The female plants produce a CBD-rich flower.  The suit says it was only after the Kentucky company had distributed the seeds to farmers and those farmers’ crops had sprouted that the company learned the seeds were male.

 

Elemental Processing estimates it lost at least $44 million in profits.  HP Farms has yet to make a comment on the suit.

 

 

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