CBD Suffers From Hangover as Planting Season Begins
John Lothian News
The prices for unprocessed hemp for CBD (CBD biomass) and for distilled CBD have consolidated at low levels, according to May data reported by the PanXchange, holding at about 20 percent of last year’s peak prices posted shortly before the harvest started.
Around this time last year, CBD-hemp prices started on a tear that didn’t let up until a dramatic price collapse in August. Hemp grown for CBD production currently dominates non-marijuana cannabis production and consumption.