Hemp flower markets have evolved considerably since hemp was federally legalized in the U.S. In 2019, Type 3 cannabis flower – characterized by a cannabinoid profile containing less than 0.3% THC and more than 0.5% CBD, or other non-intoxicating cannabinoids – was an explosive market.
Non-intoxicating hemp flower, or “smokable hemp”, was explosive from the perspective of demand, but also explosive politically. Despite being Farm Bill compliant, hemp flower looked and smelled identically to marijuana, creating endless problems for law enforcement.
As cannabis extractors faced massive backlogs of CBD extracts after demand for CBD proved ephemeral, they pivoted in the lab, and began producing novel cannabinoids like delta-8 THC. Some hemp flower sellers realized they could spray or infuse type 3 hemp flower with delta-8 THC, and demand for this product soared.
In many cases buyers had…
02.04.2025
Chicago, Gulf animal fats and oils markets strengthen despite ongoing uncertainty
The US animal fats and oils markets were stable to higher on Tuesday February 4, as Chicago market activity saw a notable uptick throughout the day.
Six railcars...
02.04.2025
Light trade volume leaves most US animal protein prices flat
Light trade volume was reported in the US animal proteins markets for Tuesday February 4.
Ruminant meat and bonemeal, Missouri River, was reported as steady from Monday February...
02.04.2025
December US soybean crush, corn consumption up month on month
US soybean crush above monthly, yearly levels
Soybeans crushed for crude oil totaled 218 million bushels in December 2024, up by 7% from November and by 4% from...