You must be logged in to view this content.
@font-face { font-family: 'Open Sans'; font-style: normal; font-weight: 400; src: local('Open Sans'), local('Open Sans'), url(https://panxchange.com/wp-content/uploads/revslider/gfonts/open-sans/open-sans.woff2) format('woff2'); } News News var htmlDivCss = unescape("a.px-nav-link%20%7B%0A%20color%3A%20%23fff%20%21important%3B%20%0A%7D%0A%0Aa.active%20%7B%0A%09text-decoration%3A%20underline%3B%20%20%20%20%0A%7D%0A%0A.px-nav-link%3Ahover%20%7B%0A%20%20%09text-decoration%3A%20underline%3B%0A%7D"); var htmlDiv = document.getElementById('rs-plugin-settings-inline-css'); if(htmlDiv) { htmlDiv.innerHTML = htmlDiv.innerHTML + htmlDivCss; } else{ var htmlDiv = document.createElement('div'); htmlDiv.innerHTML = '' + htmlDivCss + ''; document.getElementsByTagName('head')[0].appendChild(htmlDiv.childNodes[0]); } Latest U.S. [...]
@font-face { font-family: 'Open Sans'; font-style: normal; font-weight: 400; src: local('Open Sans'), local('Open Sans'), url(https://panxchange.com/wp-content/uploads/revslider/gfonts/open-sans/open-sans.woff2) format('woff2'); } News News var htmlDivCss = unescape("a.px-nav-link%20%7B%0A%20color%3A%20%23fff%20%21important%3B%20%0A%7D%0A%0Aa.active%20%7B%0A%09text-decoration%3A%20underline%3B%20%20%20%20%0A%7D%0A%0A.px-nav-link%3Ahover%20%7B%0A%20%20%09text-decoration%3A%20underline%3B%0A%7D"); var htmlDiv = document.getElementById('rs-plugin-settings-inline-css'); if(htmlDiv) { htmlDiv.innerHTML = htmlDiv.innerHTML + htmlDivCss; } else{ var htmlDiv = document.createElement('div'); htmlDiv.innerHTML = '' + htmlDivCss + ''; document.getElementsByTagName('head')[0].appendChild(htmlDiv.childNodes[0]); } Latest U.S. [...]
Cannabinoid biomass markets continue to confirm the rumblings of scarcity as the spread between old and new crop prices widens. Old crop biomass is trading around $0.10 to $0.125 per point CBD, and inventories are still quite large. However, CBD content available at this price point is diminished to 3% to 5% CBD which explains the $0.40 to $1.00 per pound price range for lower quality old crop. Higher quality old crop (>8% CBD) prices typically range from $1.20 to $2.00 per pound, with reported per point CBD prices ranging from $0.175 to $0.25.
Curious about the PanXchange Carbon program? Check out all the options we offer here!
You must be logged in to view this content.
Old crop biomass trade volumes are still steady, with average quality material trading between $0.75/lb to $1.25/lb ($0.10-$0.15/per point CBD) and higher quality material trading up to $1.60/lb ($0.20/per point CBD). The northeast remains the highest price point at $2.00/lb ($0.25/per point CBD). Meanwhile, quality new crop biomass is less common, and most sellers hold offers at $2.00/lb or more.
You must be logged in to view this content.
The majority of harvest is over, and biomass markets are still digesting inventories post-harvest. Buyers are still posting $0.75/lb to $1.20/lb ($0.10-$0.15/per point CBD), but trade below $1.00/lb ($0.125/per point CBD) has dried up quickly. In terms of volume, most of the material traded was well preserved old-crop material or excess 2021 harvests. Significant volumes of old crop inventories are still available, and many of these suppliers would be willing to sell at $1.00/lb. However, these supplies are becoming increasingly difficult to source, and freight is becoming more and more of a factor. It is extremely difficult to determine the true availability of old crop biomass stocks. Still, market reports and estimates suggest that 2019 & 2020 supplies could be anywhere from 15 to 40 million pounds of viable material.