Oregon Hemp Processor Sues Washington Hemp Farm For Repayment Of $US800K

Capital Press Reports…

An Oregon hemp processor claims a Washington farm violated a contract by failing to deliver hemp of sufficient potency and quality to fully repay a loan.

New Earth Biosciences, a processor in Salem, Ore., has filed a lawsuit seeking repayment of about $800,000 advanced to Terra Ridge Farms of Othello, Wash., for seeds, growing supplies and drying services.

Under a contract between the companies, 90% of the hemp supplied by Terra Ridge Farms to New Earth Biosciences was to contain at least 10% cannabidiol, or CBD, the complaint said.

The CBD compound is extracted for use in a variety of products, as it’s believed to have anti-inflammatory and other healthful qualities.

Read full report. https://www.capitalpress.com/state/oregon/oregon-processor-alleges-insufficient-hemp-quality/article_3585ff50-dc04-11ea-bcd5-cb0fe9c56fe5.html

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