Arcadia Biosciences Updates Joint Venture With Archipelago Ventures

Arcadia Biosciences, Inc. (NASDAQ: RKDA) released Tuesday an update on its joint venture with Legacy Ventures Hawaii, Archipelago™ Ventures.

the joint venture has broadened its cultivation space to 30 acres from 10 acres via collaboration with two new license holders. It has also brought in a new autoflowering hemp varietal to Hawaii’s pilot program to attain year-round growth cycles.

Furthermore, the joint venture has developed mobile extraction and processing equipment to produce THC-free, sun-grown hemp isolate or …

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