Hemp Flower Markets Gather Momentum

Hemp Flower Markets Gather Momentum

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…

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

03.28.2024

LCFS credit volumes, average prices move higher

LCFS credit volumes, average prices move higher

**Please note – There will be no Biomass Based Diesel bulletin on March 29, 2024, in observance of Good Friday.**

**Bob Lane was out of the office today.**


California low carbon...

03.28.2024

Diverging FOB and delivered markets to close out March

Diverging FOB and delivered markets to close out March

Please note – The Jacobsen will not publish an Animal Fats bulletin on Friday, March 29th in observance of the Good Friday holiday.

Trading was quiet ahead of...

03.28.2024

March monthly averages mixed for animal proteins

March monthly averages mixed for animal proteins

** Please note: The Jacobsen will not publish a bulletin on Friday, April 29 in observance of Good Friday. **

Light trade was reported for the end of...

Latest Tweets