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Weekly Hemp Recap

Chase Hubbard | 01.19.2021 | Jacobsen

Last Week’s Hemp Commentary

California and New York Grapple with Cannabis Policy

Adult use and medical cannabis are now generating over

Membership required to view content. in the US and generating hundreds of millions in tax revenues for states with legal cannabis programs. California’s adult use program likely surpassed $4 billion in 2020. Cannabis is big business in California, and hemp not only cuts into profits, but it also exposes the industry to considerable risk from cross-pollination. The issue of cross-pollination has yet to be confronted in California, or anywhere really. Current research may help guide policy, but it will take some years to develop intelligent regulations that allow both MJ and hemp to coexist in the field. Coexisting in markets in…

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12.27.2024

US RD, SAF supplies remain strong despite declining import volumes

US supplies of sustainable aviation fuel (SAF) fell sharply in November but reached the highest November volume on record, according to data released on Thursday December 26 by the...

12.27.2024

Animal fats and oils end week steady amid holiday-limited trades

The US animal fats and oils markets held steady on Friday December 27, with limited trades persisting due to the holiday season.

Weekly averages were unchanged from the prior week...

12.27.2024

Relative prices of US meat and bonemeal rise amid depressed soybean meal market: 2024 recap

US animal protein prices were steady to lower on Friday December 27. Some participants reported distressed loads in the market late in the afternoon of Thursday December 26 and...

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Weekly Hemp Recap

Last Week’s Hemp Commentary

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