Hemp crop tanks, CBD producer sues hemp seed seller for $44M

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PORTLAND, Ore. (AP) – A Kentucky-primarily based corporation that produces CBD has filed a $44 million lawsuit against an Oregon corporation it claims sold it almost worthless hemp seeds that ruined a giant 2019 crop.

The Oregonian/OregonLive reports the crop was destined to assistance fulfill the country’s booming demand for CBD, a plant extract soaring in recognition as a remedy for overall health complications from anxiousness to insomnia.

But Elemental Processing of Lexington, Kentucky, claims these plans tanked when HP Farms of Troutdale, Oregon sold it a lot more than six million seeds that had been mainly “male.” The female plants generate a CBD-wealthy flower.

The suit says it was only immediately after the Kentucky corporation had distributed the seeds to farmers and these farmers’ crops had sprouted that the corporation discovered the seeds had been male.

Elemental Processing estimates it lost at least $44 million in earnings.



HP Farms couldn’t be reached for comment and a lawyer listed for them didn’t return a message left by the newspaper.

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Details from: The Oregonian/OregonLive, http://www.oregonlive.com

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