LONGMONT — HGH Seed Inc., a Longmont hemp-genetics company doing business as High Grade Hemp Seed, has been acquired by New Mexico-headquartered Santa Fe Farms LLC.
“There are multiple benefits in becoming part of the Santa Fe Farms ecosystem,” HGH founder Bodhi Urban said in a prepared statement. “High Grade has had a goal of expanding into the industrial hemp space. It feeds nicely into the Santa Fe Farms ecosystem that has ties to industrial research, as well as the ongoing pursuit of genetics for CBD as an ingredient. Aside from the economic and growth benefits for both companies, we are all committed to powering a global supply chain for a better, healthier and more sustainable world.”