KC-area law firm launches cannabis practice

Kansas City-based law firm Seigfreid Bingham PC launched a new practice focusing on the cannabis industry, helping advise clients on legal matters for everything from industrial hemp to CBD to medical marijuana.

The practice will be led by Chris McHugh, a 19-year veteran litigator, who gained nationwide fame for successfully defending the right of a client to own a lunar sample bag from the Apollo 11 mission. He’ll have 20 attorneys to draw from for expertise in various areas of law that cannabis…

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Probiotic Holdings hits $9M in financing

Probiotic Holdings LLC and subsidiaries Proviera Biotech LLC and SCD Probiotics will use more than $9 million in financing to support and expand the company’s 44,000-square-foot fermentation manufacturing and research and development labs in Kansas City.

The developer of bio-based products secured an additional $6 million investment, which includes UMB Bank providing a credit facility and AltCap providing financing through the use of federal New Markets Tax Credits that were bought by U.S. Bank…

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