Marijuana firm MariMed invests $30M in hemp-derived CBD producer

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Massachusetts-based MariMed, a multi-state cannabis operator, is entering the hemp-derived CBD business with a $30 million investment in a Kentucky company. The company, GenCanna, has contract farmers to grow hemp to its specifications as well processing facilities to turn the plant into CBD extracts, concentrates, isolates and other products. GenCanna plans to use the money […]

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