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Will the Smokable Hemp Market Go Up in Flames?
Cannabis Business Times
Hemp prices have fluctuated dramatically over the past two growing seasons, as hemp farmers know all too well. The biomass market in particular has drifted downward significantly from the heady days of 2019, according to a report by PanXchange, a leading benchmark price provider in the U.S. hemp industry. Although some market observers such as Hemp Benchmarks report that prices have stabilized during the past several months, this is cold comfort for growers who expected to turn a profit from biomass.