Which States are Submitting Hemp Regulations to the USDA?
The Farm Bill of 2018 made national headlines by legalizing industrial hemp last December, essentially opening the gateway for hemp farmers to […]
Which States Have Banned the Use of CBD in Food Products?
What is CBD? Cannabidiol, or CBD, has exploded in popularity in the past few years. CBD is the component in hemp and […]
What are the Methods for Extraction and Refinement?
Looking for a basic understanding of popular methods for cannabis extraction? We’ve got you covered. Often times differences in final products that […]
State of the Legal Cannabis Market Following Fall Harvest:
Since October, concentrate prices have fluctuated but are still selling at expected rates. Retail ready dabs on the Wholesale Marketplace sell as high as the $4 per gram, while the average is under $3 per gram.
Big Hemp and Tobacco Agriculture
With over 650,000 acres of Tobacco being grown in the USA, mega farms are watching the hemp industry. Tobacco fields grow in a similar climate to hemp, and produce around 2300 lbs per acre, with a price of ~$2.00 / lb. This yields a per acre value of around $5k of harvested tobacco. Hemp in comparison can be worth as much as 60k-100k per acre.