The hemp flower market continues to strengthen. We are hearing reports from producers that the wholesale market is heating up, as select inventory of 2019 crop starts to dwindle. Some readers will no doubt question this statement, having large inventories of 2019 hemp flower in storage. This new market is highly fractured, with countless channels for distribution, leaving many excluded from lucrative markets.
One successful channel has been brick and mortar CBD shops, of which many have been forced to close their doors due to state or local pandemic policies. There is a brisk online trade with countless vendors selling flower in small 1-3 gram quantities, as well as ounces and quarter pounds in some cases. Prices for ounces, as a reference point, are typically in the $100 range, and premium vendors charge up to $300 for exceptional product. What makes an exceptional…
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