Africa Newsletter 11-27-20

East Africa Price Map

Operators in Turkana, Mandera, Samburu, Isiolo, Marsabit and Wajir counties have seen the availability of maize flour significantly reduce by 83% due to the invasion of locusts on the farmlands. The supply of beans has also taken a large hit with estimates at 80% according to a survey by the Kenya Cash Consortium (KCC) in partnership with Oxfam and Concern Worldwide as reported in the Business Daily.

PanXchange’s Year-End Symposium

PanXchange' Year-End Symposium

On December 18th at 10:30 am MST, after the December 17th PanXchange Hemp®: Benchmarks & Analysis report is published, PanXchange hosted a member-only year-end symposium to discuss its second annual supply and demand outlook. Those following PanXchange’s progress in US hemp may remember that last December, the company was the first to issue market demand estimates by volume of hemp instead of overall addressable market values based on retail consumer product prices. This recording is a service exclusive to only PanXchange platform participants and data subscribers – at no additional cost.

PanXchange: Hemp Benchmarks and Analysis – Web Session: November 2020

PX Hemp Member Webinar

On Wednesday following the distribution of PanXchange® Hemp: Benchmarks and Analysis, the Hemp team will be recording an online webinar to discuss industry trends such as our regional pricing benchmarks, market commentary, supply and demand analysis, and other recent content. This recording is a service exclusive to only PanXchange platform participants and data subscribers – at no additional cost.

Africa Newsletter 11-13-20

Select Market Values

As Brexit is slated for the end of this year, EAC members will have up to five years to join the new UK-Kenya Trade Agreement that is due to be signed. The agreement will give Kenya access to the UK market with products such as tea, coffee, vegetables, and flowers while the UK will target the Kenya market for vehicles and pharmaceuticals that could be worth over $1 billion as reported in The Kenyan Wall Street publication.

Fourth Annual State of the Cannabis Industry Conference – Demystifying Hemp & CBD

Burns Levinson

On October 29, 2020, Burns & Levinson hosted its Fourth Annual State of the Cannabis Industry Conference, with nearly 200 attendees present – this year in a virtual setting. The conference featured a panel of various hemp & CBD industry participants discussing the current climate of the market, legal developments and pitfalls, and projections on making improvements in 2021.

Proposing a Standard Nomenclature for Cannabis and Hemp Derivatives

Bookshelf

The lack of standard terminology in the cannabinoid industry is a barrier to communication in business and science. At the Emerald Conference 2020, a popular workshop on nomenclature generated draft definitions for a number of cannabis and hemp products. Here, we present the results of the workshop and invite comments from our colleagues across the industry.

Hemp Production Normalizes (Not Normlizes)

JLN

Hemp farming is experiencing normal growing pains. We can see the industry’s maturation in the evolution of the legal, commercial and business issues hemp farmers and processors are grappling with. Instead of struggling with regulatory restrictions, hemp producers are confronting issues that could beset any infant industry.