New Mexico hemp company has big plans for hiring, expanded facilities after acquisition deal

A newly formed New Mexico hemp company has plans for a multi-million dollar expansion in Albuquerque following a deal that closed earlier this month.

Santa Fe Farms acquired Albuquerque-based hemp services company Fathom NM on Sept. 1 after about five months of negotiations, said Santa Fe Farms Founder and CEO Steven Gluckstern. Santa Fe Farms now has more than 40 employees, he said.

Founded in 2019, Santa Fe Farms is creating cannabinoid products for personal, medical and wellness use, its website…

Source: The Business Journal