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Growers fleeing hemp

Posted on July 13, 2000

To get Ethelbert Heck’s blood boiling, just inquire about his hemp. “Don’t ask!” said the Liebenthal, Sask., farmer. Last summer, he contracted 34.18 acres, precisely, with Consolidated Growers and Processors Inc.

Hemp Assets Up in Smoke

Posted on April 6, 2000

Canadian creditors are waiting to find out how an American bankruptcy trustee will divide the spoils left behind by Consolidated Growers and Processors Inc.

Little Homework Done on Hemp Company

Posted on March 16, 2000

The hemp industry should have done more homework before doing business with Consolidated Growers and Processors Inc. That’s the opinion of Gero Leson, an environmental consultant from Berkeley, California, who was CGP Inc.’s first president. CGP recently closed its offices in Winnipeg and announced it intends to declare bankruptcy.

Hemp Stocks Weigh On Market

Posted on March 9, 2000

It could take years before industrial hemp buyers work through the glut of seed left in the wake of Consolidated Growers and Processors Inc. Buyers and farmers at the Hemp 2000 conference held here last week said it’s hard to put a number to the size of the small but growing market.

US hemp processor in Canada deals bankrupt

Posted on March 1, 2000

A US firm involved in hemp growing deals with hundreds of Canadian farmers has declared bankruptcy, saying Canadian legislative changes and “bureaucratic bottlenecks” had made it impossible to do business.

CGP strengthens its role in the hemp industry

Posted on April 13, 1999

Consolidated Growers & Processors Inc. (CGP) has announced a series of corporate developments strengthening its role as the world’s first multinational industrial hemp company. A public venture formed in 1997 to expand the global market for hemp, CGP is accelerating its activities worldwide: completing its capital formation and strategic development, appointing a new executive management team and forging affiliations with farmers, researchers, manufacturers and even the United Nations in its conviction that hemp will one day be traded as commonly as wheat or cotton.