Just another way of thinking about this. Yes, the cost of hemp lower can increase our margins, or lower our profits if it's cheaper for others to get into the HEMP CBD market which creates more competition to a market that is quickly becoming saturated with companies.
I personally think that keeping the cost of hemp up is better for CVSI and other big players that can negotiate bigger contracts keeping their cost down while higher costs overall keep the saturation of the market down as well.
You sell more when the supply is down and the demand is greater versus the abundance of supply that outweighs the demand. I think we are in that phase the past 6 months... Too much supply versus not enough demand yet to buy up all the supply as a whole.
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