As I write this article on the future of Hemp, the 2018 Farm Bill conference meeting is taking place in DC (watch here), with the potential to legalize hemp and hemp derivatives, including CBD. With multiple mentions of the late John McCain, the conference is a great example of bipartisan collaboration. I believe this conference …
The CBD Isolate market is exploding, which may be good or bad depending on your supply contracts. From July 15th – August 8th, market prices for a single kilo of CBD Isolate were holding steady around $7,500 – $7,800. During the last two weeks, we have seen a 15% increase in the cost of a single …
The international Hemp import / export business while young, is poised to BOOM in the United States. In this article, we address what is currently happening in hemp import / export, and how we expect the market to mature over time. At the present date, importation of Hemp products consists mostly of CBD isolate …
This weeks Hemp update recognizes the squeeze in the biomass market and what is driving the pricing index in August. In the past month, we have seen the USA reserves of high quality hemp nearly disappear. We would expect to see the market prices continue to climb for biomass, but I am seeing a price …
Opportunity is on the horizon. The 2018 Farm Bill will enable the tremendous growth of the hemp industry. Think banking, interstate commerce, import / export of hemp, the “new” agricultural commodity. This year we expect a 5x of production of Hemp. This doesn’t include production from many states like California who have yet to issue …
Working as a buyer with hundreds of farmers, I have learned a lot about how a farm starts from the ground up, and what the best in the business. In this article, we address 5 tips and tricks to prepare for the 2018 harvest, and to get the best price for your 2018 harvest. Create …
On July 6, 2018 the California Department of Public Health (CDPH) and the Food and Drug Branch (FDB) released new guidance on how CBD can be used in food produced in, or shipped into the state of California. California defines “food” as follows: (a) Any article used or intended for use for food, drink, …
Track Sales and Build Retention An existing customer is worth as much as 5 prospects or more. Remember to reach out to them with best customer service, and additional products and services to support their business growth. Always invest in tools to manage and track sales and customers to build major retention and upselling strategies. …
The Kush Marketplace Event is back and BIGGER than ever!!! The Kush Marketplace Event brings together Producers, Processors, and Retail Buyers from across the state for a day of networking, marketing, relationship building, and wholesale deal making. This is NOT your average trade show, filled with handouts and off the street consumers. The Kush Marketplace is …
Since the 2017 harvest, prices of Biomass have risen from $4.00 / % pt to $6.50+ / % pt. This Biomass shortage is driving the prices up due to competitively priced supply dwindling in the major markets such as Oregon, Colorado and Kentucky. We track changing in pricing through average rates of Isolate, which is a …