Litigation Amidst a Regulatory Vacuum
The hemp industry is undergoing rapid change. This isn’t news to Hemp Bulletin readers, many of whom are “living it”. There really is no parallel in recent history, though there are similarities to the dot-com boom of the nineties. Investors were flooding into the hemp space in 2018/2019, unaware of the volatility that would characterize the upstart sector in its first year as a legal crop, with accompanying collapse of CBD hemp prices.
That volatility was one factor in the precipitous losses seen with publicly traded companies, some of which are shedding hemp assets while simultaneously acquiring them, as seen with Aurora’s acquisition of US CBD…
11.15.2024
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
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
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...