Newly Legal U.S. Hemp Industry Sees Early Supply Boom, Wholesale Price Crash

Newly Legal U.S. Hemp Industry Sees Early Supply Boom, Wholesale Price Crash

The supply of hemp biomass is skyrocketing in the wake of legalization in the U.S. and with the anticipation of federal regulations late this year. Demand for hemp-derived cannabinoids has helped propel the adjacent extraction market, but analysts and growers are concerned that production is outpacing that consumer interest—leading to a price crash as the 2019 cultivation season has come along.

READ THIS >>  Hemp Industry Daily
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