Hemp's Future Twists and Turns Go Beyond Current CBD Marketplace
John Lothian News
Our friends at PanXchange have included, along with their usual invaluable market insights, a year’s-end forecast to get us started thinking about 2021 in their December Hemp: Benchmarks & Analysis report.
A quick spin around the report’s data and graphs shows that the CBD markets still seem glutted, that is, if we look at the prices for CBD biomass, distillates and isolate that PanXchange reports are stuck in the basement.
Retail prices for products in which CBD is the key ingredient have yet to respond much to the fall in the ingredient’s price. Since legalization, most hemp has been grown to produce CBD and CBD is hemp’s biggest conundrum.