Hemp Prices Crash, Leaving Ohio Valley Farmers Feeling Burned

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Hemp Prices Crash, Leaving Ohio Valley Farmers Feeling Burned

Ohio Valley ReSource

Ohio Valley farmers planted more than 27,000 acres of hemp last year — about four times more than in 2018 — to cash in on a booming market for popular CBD products made from the crop.

Yet with that growing boom, the price of CBD-rich hemp has crashed, dropping more than 75 percent in just 6 months. Many farmers are now feeling the financial pinch of that bust.

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