October 17, 2022

As Austria Hemp Company Reorganizes, Creditors to get 20% of €9.6 million owed

Creditors owed a total of €9.6 million by Austria-based CBD company Deep Nature Project GmbH will receive 20% of the money under a recently announced restructuring plan. The payments will be made to the company’s 112 creditors in three installments over a period of two years, according to Austria’s Credit Protection Association (KSV) and the …

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Nevada Cannabis Consumption Lounge Applications Open Up

The application window will remain open only until Oct. 27. Nevada launched its application window for new marijuana consumption lounges on Friday, more than a year after state lawmakers approved a new business model for lounges that allows direct cannabis sales to consumers, akin to bars, instead of forcing them to bring their own cannabis. …

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