Hemp Crop Tanker, CBD manufacturer sues hemp seed for $ 44M

PORTLAND, ore. (AP) – A Kentucky-based CBD company has filed a $ 44 million lawsuit against an Oregon company that it allegedly sold the nearly worthless hemp seed that destroyed a giant crop in 2019.

The Oregonian / OregonLive [19659003] reports

] the crop was intended to help meet the country's booming demand for CBD, a plant extract that is gaining in popularity as a treatment of health problems from anxiety to insomnia.

But Elemental Processing of Lexington, Kentucky, claims those plans were fueled when HP Farms of Troutdale, Oregon sold 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 distributed the seeds to farmers and 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 could not be reached for comment and a lawyer listed for them cannot return a message left by the newspaper.

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