Monday, February 05, 2018 2:02:38 AM
Import $650,000,000+ ( projected $680-700MM 2018 )
Domestic: Negative net dollar value...or for research
That my friends are the cold hard facts.( below)
Of the 200,000 ALLEGED acres planted in 2017--less than 55,000 have reported in with 47,500+/- of the reported acres under or owned by educational/state co-ops. Upward of 1/3 of the 2017 crop PLANTED failed to reach harvest--(although the breakout does not list failed to germinate %'s)
That's OK it's a young crop.
And there may be a resurgence in Hemp as a fiber crop--to some extent, but a major crop-OR more importantly a MONEY CROP that isn't going to happen. At least NOT in the USA.
And now the highest value of hemp ---->>>>>> CBD oil is confronting a huge set of problems legally and in refining/standards and even crop longevity.
Yes, beloved miracle fiber hemp starts to mold and begin rotting is a littler as two months after harvest*.
AND
Tthe CBD oil concentration's monitored over the last year by
New Frontier Date (cannbit) show very disturbing facts. Potency of REFINED CBD OIL drops 11% in a year--hemp stored and not refined loses 57% of volume and 23% of potency--*BUT nearly 1/3 of the crop becomes subject to mold during the course of a year.
Do you think HEMP inc has the slightest clue on this? If so why haven't they told you--as the REST of the industry growers and processors have reported in.
HEMP inc harvested when? And its now ? And are they licensed to process CBD oil? Hmmmm........ Still don't get it?
Once Again HEMP inc is not part of any credible hemp processing organization, hemp grower org or any national statistical org who compile this data.
I wonder why????????
References for non believers:
New Frontier data 1/28 2018: Extracts and Concentrates Markets by Products and by States)
Marijuana Business Daily ( HEMP Industry Daily feature) 2/1/ 2018
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