I think CBD isolate prices will drop and CBD isolate will become obsolete and undesirable.
We’re planting 30+ acres in Illinois this year, our starts are extremely healthy and feel our expected cannabinoid content will deliver our premium.
@broken_glassware is right.
Processors want cheap biomass but 4% will kill your labor; you’d have labor around the clock to meet demands of processing.
Cannabinoid resin is the goal not biomass here.
We’re already there. I know of more than one lab that has stopped making isolate and are only focusing on distillate and T-free. The loss going to isolate and the considerably smaller margins there have really squashed that product’s viability to a lot of producers.
Running sub-10% biomass really puts your cost per kilo of crude in a non-competitive state. For this season I would expect farmers in that predicament will have to sell for bargain basement prices to compete as a result. Pretty simple math really.
You mentioned a lot of soy, cotton, and corn farmers jumping in the game. This concerns the fuck out of me because we all know those fields are loaded with glysophate. Not a single cannabis lab is testing for it either. Hemp being an amazing plant to remediate soil there is going to be a lot of heavily contaminated cbd crops coming down when they should be growing fibre cultivars for the first few years to clean the field. not a single person will test for the pesticides that are actually in their product only the ones that are not lol. stay safe out there people.
Aside from glyphosphate what other pesticides are used in those fields that needs to be tested for? We can lobby in California to have those regulated in hemp cbd