Australian marijuana producer Creso Pharma Ltd. is the latest company entering the United States via a CBD maker. Creso Pharma announced this week that it is buying Sierra Sage Herbs in an all-stock deal worth $21 million. Based in Lyons, Colorado, Sierra Sage Herbs makes a range of wellness products including some with and without
hemp acquisition
Santa Fe Farms of New Mexico has bought a Colorado hemp-genetics firm to establish a line of propietary genetics. High Grade Hemp Seed of Longmont, Colorado, will retain its name and location but will become a subsidiary of Santa Fe Farms, which grows hemp on about 200 acres but does not have its own line