Arcadia Biosciences’ CEO Matt Plavan tells Proactive that the agricultural technology company has raised about $6.8 million by selling warrants. Plavan says the company expects to use the proceeds to pursue a range of near-term inorganic growth opportunities within its hemp business unit as well as a cushion from coronavirus. Plavan also discussed its most…Continue Reading »
Arcadia Biosciences posted fourth-quarter and full-year results after the bell Wednesday revealing plans for dramatic growth in 2020. CEO Matt Plavan says the company successfully laid the foundations for its research program in three geographic areas and established a vertically integrated supply chain for its hemp seed. Plavan adds the company will expect to grow…Continue Reading »
Davis-based Arcadia Biosciences Inc. has partnered with Grow West and Buttonwillow Warehouse Co. to sell and distribute its GoodHemp uniform hemp seeds to California farmers. Arcadia (Nasdaq: RKDA) shares rose 31 cents, or 13.1%, to $2.68 on the news.Continue Reading »
Arcadia Biosciences’ CEO Matthew Plavan tells Proactive that the company’s new USDA-compliant seed line called GoodHemp is shaping up into a strong revenue spinner with over $3 million in pre-season seed purchase commitments.Continue Reading »
Davis-based seed development company Arcadia Biosciences Inc. said it has purchase commitments for $3 million in hemp seeds, just 50 days after launching its uniform hemp seed line. Arcadia (Nasdaq: RKDA) shares rose 65 cents, or 13.4%, to $5.50 on the news.Continue Reading »
During the American Seed Trade Association CSS & Seed Expo in Chicago this week, Arcadia Biosciences announced the launch of a new product line – GoodHemp. As the company’s new brand for delivering genetically superior hemp seeds, transplants, flower and extracts, GoodHemp’s first commercial product is a disease resistant and ultra-low THC hemp seed.Continue Reading »
Arcadia CEO Matt Plavan spoke with Proactive’s Steve Darling to discuss the company’s third-quarter results. Plavan also discussed some of the company highlights during that quarter including the latest on their hemp research facilities.Continue Reading »
For at least a while longer, it will be illegal for farmers to grow commercial hemp in the open in Yolo County, even as psychoactive cannabis is legal. The Yolo County Board of Supervisors agreed Tuesday to extend a moratorium on hemp cultivation until they can study the issue further. One major concession made by…Continue Reading »
