Purity Hemp News Today

Hellenic Dynamics vice president and CEO Davinder Rai The company grows its plants in a 200,000-square metre ex-military bunker in Northern Greece, but is headquartered in London. The CEO quipped that he thought there was something “very romantic about growing cannabis in an ex-bunker.” Journey so far Rai said he first became involved in the cannabis industry when his father, a kidney transplant patient, faced serious health problems. One of his transplanted kidneys had become cancerous an...

Exclusive: EU’s biggest hemp producer sees profits grow 616 per cent in 2020 HempFlex has seen a huge increase in profit before tax this year. HempFlax saw its profits before tax skyrocket 616 per cent in 2020 to €659,000, as demand grew for its construction materials and CBD. The EU’s biggest hemp grower, headquartered in Holland, saw full year revenues up 43 per cent to €14.5m in 2020, with EBITDA increasing 63 per cent to €1.8m. The numbers were in part driven by ...