CBD Isolate Gets a Boost from ∆8 THC
One of the major driving forces in cannabinoid markets is Delta-8 THC (∆8 THC). The ability to convert CBD isolate into cash has enabled operators to work through some of the immense stocks of isolate that have built up over the last two years. This demand has helped to buoy hemp prices, particularly CBD isolate prices, but the real take-home is that it has had a meaningful impact chipping away at supply. The risk for highly capitalized operators is hard to overstate though.
The problem is that extractors do not control a product once it has transacted, and buyers are not transparent about intended use. Many sellers couldn’t care less. It is a black market though, to be sure, and despite ∆8 having not yet been tested in court to our knowledge, it’s safe to assume that…
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...
12.20.2024
US animal fats and oils end week softer across the board ahead of holiday slowdown
Prices for US animal fats and oils ended the week on a lower note on Friday December 20, with most markets trending downward ahead of the upcoming holiday week,...
12.20.2024
December cattle on feed down on month, year
Most US animal protein prices were rangebound for the week, though in wider ranges due to the impending Christmas and New Year's holiday closures.
The only significant price...