The pandemic has made it a tough time for senior citizens who wish to spend time with their loved ones; however, we have one virtual conversation starter that will definitely bring up some things you never knew about your grandparents. “Grandma, do you use hemp products?” Join our conversation with one Colorado 79-year-old grandma who wished not to disclose her name (and may or may not be related to someone in the PanXchange world) as she discusses her relationship and understanding with the hemp industry and the products she’s come to love.
Here’s a numbers game for you. Guess how many acres of hemp the entire CBD business world needs to supply its product to America? Are you sitting down? You might want to pour an entire tincture bottle under your tongue to prepare to hear this.
The National Cereal and Produce Board of Kenya have started buying maize grain at KES 2,700 per 90 kg bag from growers as an attempt to receive more grain that farmers were selling to millers and traders that offered a higher price.
PanXchange, Inc, the market structure solution for physical commodities, today launched the first $50,000 tranche of a fundraising campaign to protect its rights to properly and accurately use the English language.
Excitement is brewing around hemp’s potential as a substitute for various products. As the 2021 planting season draws nearer, COVID-19’s economic impacts are showing varied, complex implications not only on the hemp market, but also on other markets where hemp can be competitive.
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.
Colorado Technology Association recognized those who excel in the tech industry at its 20th annual APEX Awards virtual awards program, which included PanXchange.
Basing the multibillion-dollar, pie-in-the-sky forecasts for the U.S. addressable market for CBD on retail shelf prices disturbs me.
Major wheat exporter Russia announced the introduction of a duty for the export of wheat at 25 Euros per ton (KES 3,225) due to the shortages in the country and a move to stop domestic prices for bread from increasing. This intervention by the government in Moscow will hurt Kenya’s imports and has already has seen the price of bread on shelves increase.
It has been quiet lately in hemp country – which, since the 2018 Farm Act, of course, includes all 50 states. In fact, industrial hemp plantings were reported to the USDA’s Farm Service Agency by farmers in 48 states in 2020 (Alaska and Mississippi didn’t come to the party).