12.20.2024
45z guidance fails to appear; government scrambles to pass spending bill
The US government spending bill failed twice in as many days. If a deal is not reached by midnight on Friday December 20, some federal services will...
The USDA’s
Other noteworthy metrics are the some of the market size estimates in key states like Oregon and Colorado. Total market value in these states is estimated at nearly $250 million and $6.5 million, respectively. According to this report, Oregon’s production value eclipses Colorado’s and is nearly 4 times the value of California’s. The chart below illustrates the gap between the two major hemp markets.
The USDA estimates that 8% of hemp producers…