Hemp Flower Markets Steadily Strengthen

Hemp Flower Markets Steadily Strengthen

Smokable hemp, or craft commodity flower – as coined by NC Industrial Hemp Association Executive Director Blake Butler – is still seeing strong demand.  Large quantities were produced nationwide last year, when a majority of growers high-graded their crop in hopes to upmarket their best flowers for the smokable flower market.  The Carolinas have been a litmus for the MJ look-alike, smell-alike, test-in-the-field-alike flower for conservative states with no MJ programs.

 

North Carolina’s General Assembly gave hemp flower a close look last summer, nearly banning the product, then delaying the ban, and eventually dropping the greater bill for which hemp flower was one of many issues folded in.  The proposed ban stemmed from the NC State Bureau of Investigation lobbying lawmakers to take action on hemp flower.  The Bureau warned that law enforcement was no longer able to…

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

11.15.2024

October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks

October soybean crush reaches all-time monthly high; biofuel demand limits rise in soybean oil stocks

The National Oilseed Processors Association (NOPA) reported the October soybean crush at a record monthly high of 199.9592 million bushels, eclipsing the previous record of 196.406 million bushels set...

11.15.2024

UCO 2025 market clouded by China’s cancellation of export rebate

UCO 2025 market clouded by China’s cancellation of export rebate

China will cancel its current 13% export tax rebate for used cooking oil (UCO), a key biofuel feedstock, effective December 1, the country’s Ministry of Finance and the State...

11.15.2024

US animal protein prices steady to firmer week on week; SBM under pressure

US animal protein prices steady to firmer week on week; SBM under pressure

The US animal proteins market was steady to higher in the week to Friday November 15. Even with decreases in Chicago Board of Trade (CBOT) soybean meal futures, prices...

Latest Tweets