Oregon seed breeder asks for federal help in lawsuit getting hemp money owed in Kentucky

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Hemp Industry Daily reports… An Oregon hemp seed breeder is asking a federal court in Kentucky to help it get almost $2 million it received in a dispute with AmHemp Kentucky LLC of Murray. It is asking a federal court in Kentucky to intervene. https://hempindustrydaily.com/oregon-seed-breeder-asks-for-federal-help-getting-hemp-money-owed-in-kentucky/ Ashland, Oregon-based Phytonyx said in a lawsuit filed Monday that AmHemp Kentucky paid $1.1 million for some $3 million worth of high-CBD hemp seeds in 2019. The American Arbitration Association’s Commercial Arbitration Tribunal awarded Phytonyx nearly $2 million last May, the balance owed plus some administrative costs. But AmHemp has yet to pay, according to Phytonyx.

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Hemp Industry Daily reports…

An Oregon hemp seed breeder is asking a federal court in Kentucky to help it get almost $2 million it received in a dispute with AmHemp Kentucky LLC of Murray.

Ashland, Oregon-based Phytonyx said in a lawsuit filed Monday that AmHemp Kentucky paid $1.1 million for some $3 million worth of high-CBD hemp seeds in 2019.

Phytonyx-lawsuit

When Phytonyx sought the rest of the money, it went to arbitration to try to...

Read the full article @ Cannabis Law Report