That is the total opposite of the case actually. There is an over supply of hemp for the number of processors that currently exist in the U.S. There aren't enough processors by orders of magnitude.
Most of the U.S. hemp biomass that went to waste in 2019 and 2020 became waste because it couldn't get processed. The hemp industry's problems in 2019 and 2020 were not just due to the lack of FDA regs creating a lack of confident buyers, but also were due to a compete lack of industry infrastructure and processing capacity. There is definitely a big demand for processing, and IMO, CWBHF could maybe help fill that role:
"Hemp industry in US dealing with oversupply of 135 million lbs": 12.22.2020
So, you can see that the biomass numbers show an oversupply of raw material, but then you have to consider how much of that actually becomes hemp extract on store shelves. There is much more of an over supply of hemp biomass than there is hemp extract, simply because of the lack of processors in the industry.