Oh, please.
Get out of here with the vaguery.
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Reposting this from another thread that I posted to earlier:
For those who haven’t seen the latest numbers, attached is the Hemp Benchmarks - US Wholesale Price Benchmarks - June 2019. The report states 377,000 acres of outdoor approved, and 3,000 acres indoor/greenhouse production of hemp in the US as of June, with an estimated 70% to be cultivated, but considering the wet weather this year and lack of certified seed it could be considerably less. Prices have definitely been ratcheting down over the last week.
Hemp Benchmarks_June2019.pdf (693.5 KB)
Original post: CBD Market Size (supply/demand) - #38 by logix
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from yesterday’s hearing:
for the TL;DR crowd, they seem to be pushing to potentially block CBD isolate from being added to food products. Lots more to still figure out, but it sounds like full-spectrum oil may be less of a target, and DSHEA should still protect “whole plant” hemp supplements and the like.
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this is all very interesting stuff, especially the international markets and the labs. nice!
Yup. As @anon93688 said. Pharma is going to manufacture. They are going to leave us with the naturals. Win/win if you ask me.
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prices have already fallen below what is quoted here.