PORTLAND, ore. (AP) â€” A Kentucky-based company that produces CBD has filed a $44 million lawsuit against an Oregon company it claims sold it nearly worthless hemp seeds that ruined a giant 2019 crop.
The Oregonian/OregonLive reports the crop was destined to help fulfill the countryâ€™s booming demand for CBD, a plant extract soaring in popularity as a treatment for health problems from anxiety to insomnia.
But Elemental Processing of Lexington, Kentucky, claims those plans tanked when HP Farms of Troutdale, Oregon sold it more than 6 million seeds that were mostly â€śmale.â€ť The female plants produce a CBD-rich flower.
The suit says it was only after the Kentucky company had distributed the seeds to farmers and those farmersâ€™ crops had sprouted that the company learned the seeds were male.
Elemental Processing estimates it lost at least $44 million in profits.
HP Farms couldnâ€™t be reached for comment and a lawyer listed for them didnâ€™t return a message left by the newspaper.