PanXchange Hemp Market Report – March 2021

CT

A podcast with Julie Lerner, Founder & CEO, PanXchange discussing trademark infringement, smokable hemp, and Delta-8-THC.
PanXchange CEO, Julie Lerner, joins us to talk about the claim in a competitor’s lawsuit and what she calls the slowest month ever for the hemp market. Find out what PanXchange is doing to stand its ground in this legal action and why she is advising “don’t plant for cannabinoids” this year.

Will the Smokable Hemp Market Go Up in Flames?

Smokable Hemp

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.