Isotex executives charged with running Ponzi scheme, fraud
THE OLD Stinger building in Libby will now be home to Isotex Health, a hemp production company. (Tana Wilson/The Western News)
Hopes were high in Lincoln County and other Montana locales when a Texas hemp processing facility came to the state five years ago with big promises of new jobs and big money for investors.
Jerry Bennett, then a county commissioner, said in an Oct. 5, 2019 story in The Western News, “It’s a big positive for Libby,” Bennett said. “We think it’s great, getting people back to work.”
Isotex Health touted itself as a company that specialized in making cannabidiol oil, a non-intoxicating hemp plant extract, and industrial hemp.
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