03.27.2024
Illinois Legislation Aims to Create a Clean Transportation Standard
Illinois is looking to become the fifth sate to create a clean fuel transportation standard. The Illinois version, if passed, may not be as robust as the ones...
Hemp Flower a Boon to Small Farmers
These early days of hemp production, processing, and marketing are very much a time of experimentation. Cannabinoid production started with labor intensive methods in a spectrum ranging from row crop or tobacco style production to orcharding or Christmas tree production models. Essentially various flavors of high-labor production, paired with falling hemp prices.
Flower production is high labor, but for producers locked into current trade flows, it pencils out nicely with returns exceeding $150,000/acre or more. Much more, in some cases. These figures are based on 1000 lbs. marketable flower/acre, at $150/lb. wholesale pricing. Greenhouse yields can easily exceed 30 grams/ft2, the equivalent of nearly 3000 lbs./acre, or $525,000/acre, using $175/lb. wholesale pricing.
The question really is what…