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Sunday, October 13, 2019 10:37:06 PM
Charlotte's Web uses an inventory model whereby it grows more hemp than it needs for the subsequent year to minimize the impact of farming risks and product shortfalls against forecasted rapid market growth. Dried hemp can be stored for years, with even more longevity in its extracted form.
https://investors.charlottesweb.com/press-releases/press-release-details/2019/Charlottes-Web-Announces-187-Increase-in-Hemp-Acres-Planted-for-2019/default.aspx
That would be great if the moment the flower is picked, it didn't start to lose potency.
No one wants to have too much on hand; just the right amount.
The glut already turned cannabis into a commodity. Let's hope that demand expands.
Right now only the best brands and extractors can be considered winners every year down the road.
Is there consensus on this contention?
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