MariMed Inc (MRMD): Hemp is selling for $10 to $20 a ton now...

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MariMed Inc (MRMD)

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Re: bball71 post# 2598

Monday, 12/09/2019 7:11:26 AM

Monday, December 09, 2019 7:11:26 AM

Hemp is selling for $10 to $20 a ton now!

Flood of hemp harvest hitting the market could sink price ...
https://www.inquirer.com › business › weed › hemp-farming-glut-no-guar...
Sep 16, 2019 - But he saw on the local TV news that an acre of hemp could bring in as much ... become a wellness craze — hemp is harder to grow, process, and sell than ... He expects that price to drop closer to $20 or even $10 this year.

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They still have 12 million lbs of hemp that was harvested worth aprox. 500 million.

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