Hemp biomass, the raw material derived from the hemp plant, has gained significant attention for its diverse applications, including CBD extraction, fiber production, and more. If you’re interested in the hemp biomass market and its wholesale prices, this article will provide valuable insights. We will explore and compare the current wholesale prices of hemp biomass in the United States and Canada. Understanding the market trends and regional variations in pricing will help stakeholders make informed decisions. Let’s delve into the details and gain a comprehensive understanding of hemp biomass wholesale prices across these two regions.

Hemp Biomass Wholesale Prices in the United States:

The hemp biomass wholesale market in the United States is influenced by various factors, including regional regulations, supply and demand dynamics, quality, and market maturity. While wholesale prices can fluctuate, we can offer a general overview of the market trends.

In states with well-established hemp cultivation and processing industries, such as Colorado, Oregon, and Kentucky, wholesale prices for hemp biomass typically range from $1 to $4 per pound, depending on factors like CBD content, biomass quality, and volume purchased. Prices may vary depending on whether the biomass is specifically cultivated for CBD extraction or other purposes like fiber production.

In emerging hemp markets or states with stricter regulations, wholesale prices might be higher due to limited supply or increased production costs. In these regions, prices can range from $4 to $10 per pound.

Hemp Biomass Wholesale Prices in Canada:

In Canada, the hemp industry is still developing, and the wholesale market for hemp biomass may be less established compared to the United States. However, it is gaining momentum with the country’s legalization of hemp cultivation and the growing demand for hemp-derived products.

As of now, wholesale prices for hemp biomass in Canada can range from $0.50 to $3 per pound, depending on factors such as CBD content, biomass quality, and the purpose of cultivation (e.g., CBD extraction or fiber production). Prices may also vary based on the supply chain, domestic production, and regional regulations.

Conclusion:

The wholesale prices of hemp biomass in the United States and Canada can vary due to factors like local regulations, supply and demand dynamics, and market maturity. While precise figures are subject to market fluctuations, it is advisable to research and engage with reputable suppliers and industry experts to obtain accurate and up-to-date hemp biomass wholesale prices in specific regions.

As the hemp industry continues to evolve and expand, staying informed about market trends, quality standards, and regulatory compliance is essential. Conducting thorough market research and building relationships with reliable suppliers will enable stakeholders to make informed decisions in this dynamic market

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CBD, short for cannabidiol, has gained significant popularity in recent years for its potential health benefits. If you’re in Canada and curious about the legal status of CBD, you’ve come to the right place. In this article, we’ll explore the legal framework surrounding CBD in Canada, including the Cannabis Act, licensing requirements, and the distinction between cannabis-derived and hemp-derived CBD. Let’s delve into the details to gain a clear understanding of the legality of CBD in the Great White North.

The Cannabis Act and Licensing :

In October 2018, Canada legalized the recreational use of cannabis, including CBD products. The regulatory framework governing the production, distribution, sale, and possession of CBD falls under the Cannabis Act. To legally sell CBD products in Canada, businesses must obtain a license from Health Canada.

Under the licensing system, companies must adhere to specific quality and safety standards for CBD products. These standards include restrictions on THC content, the psychoactive compound responsible for the “high” associated with cannabis. CBD products must have a THC concentration of 0.3% or lower to comply with regulations.

Cannabis-Derived CBD:

Cannabis-derived CBD products can be purchased through authorized retailers and provincial online stores. These products are subject to strict regulations to ensure quality, safety, and accurate labeling. Customers can find a range of CBD products, such as oils, tinctures, capsules, and topical, which are available in various CBD-to-THC ratios. It’s worth noting that some provinces may have additional restrictions or regulations regarding the sale and consumption of cannabis-derived CBD.

Hemp-Derived CBD :

In addition to cannabis-derived CBD, Canada also permits the sale and use of hemp-derived CBD. Hemp is a variety of cannabis with low THC content (less than 0.3%). Hemp-derived CBD products have become more widely available in recent years and can be found in health food stores, pharmacies, and online retailers. These products are subject to less stringent regulations compared to cannabis-derived CBD but still require compliance with quality and safety standards.

Provincial Variations and Additional Regulations:

While CBD is legal nationwide, it’s important to note that individual provinces and territories may have additional regulations or restrictions on CBD products. For example, some provinces may enforce age restrictions for purchasing CBD, limit the places where CBD can be sold, or require specific labeling requirements. It’s advisable to check the regulations specific to your province or territory to ensure compliance with local laws.

In conclusion, CBD is indeed legal in Canada, thanks to the Cannabis Act implemented in 2018. Whether derived from cannabis or hemp, CBD products are available throughout the country. However, it’s crucial to be aware of the specific regulations and restrictions that may apply in your province or territory to ensure legal compliance when purchasing and using CBD products.

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Cannabis Brand FOCUS: LucidMood

LucidMood

Why We Love Them:
From the packaging to the pitch,
they know what they’re doing.

Price Range $40-50
0-25K   Pounds
     $0.72
Women and Men, All Us
Availability California and Co
Ownership Status Private

Our Rating: 8.3 / 10

Sell the feeling, not the product.
Associating moods with the product formulation is a smart, clever way of communicating complicated information in a clear message. First-time consumers will likely be drawn to the different product types. Using words such as “Loving,” “Luscious,” or “Lively” is also a great way to build anticipation of the product and explain how it may effect you without accidentally making any medical claims.

LucidMood crushes

LucidMood crushes this by calling out any concerns or doubts. “Formulated with love by some of the biggest science geeks in the industry, we marry cannabis and science to create products that work precisely with your body and mind to deliver just the right sensation. LucidMood has continually refined their products to what they are today – designer highs for everyone – even the skeptics

Visit LucidMood at lucidmood.net

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Patience in Cannabis breed Opportunies

Another month in the books and progress continues on all fronts. It wouldn’t be possible to summarize the current state of the industry without mentioning the Schumer draft of a mega bill which was recently introduced. While many have dissected the draft and discussed ad nauseum the positives and negatives, we’ll take a reoccurring theme for this monthly piece forward. The introduction of the bill shows the magnitude of the numerous issues Congress must address but these are necessary steps to unleash the industry.

Opportunities such as the cannabis industry require a strong mental fortitude to continue to paddle against the flow, time and time again

Identify Opportunities

While I’m optimistic, I’ve recently found myself becoming impatient. Is it possible, given the speed of the industry, that we’ve normalized this fast-paced train? Is it possible for any reduction in speed of the freight train that is cannabis that will not make me and others like myself feel frustrated or impatient? Recently, we found ourselves in a conversation with a well-known company that does NOT have any immediate channels into the cannabis industry.

We’ve been helping them identify opportunities and entry point strategies so they can position themselves for success. What caught me off guard was their collective negativity of the bill and the hesitation to proceed into the space. Opportunities such as the cannabis industry require a strong mental fortitude to continue to paddle against the flow time and time again. These steps, as hard as they are now, will allow many to reap tremendous rewards if they can continue paddling.

Remember,

we are still in the infancy of a

billion-dollar industry

and you have to

be in it to win it

Lack of Progress

It’s easy to get impatient and discouraged at the lack of progress. As we analyze the space month to month, the various uphill battles, and the need for banking, social justice, etc., it’s easy to say maybe we should wait this out. Remember, we’re still in the infancy of a billion-dollar industry, and you have to be in it to win it!

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Join the others who are receiving high-signal, data-driven analysis to be in front of their peers in the cannabinoid space! If you have found value in our insights please share this with another canna-curious individual to grow the revolution!

Please note this is part of our Monthly Playbook. If you would like to read the entire Monthly Playbook you can sign up here. The library can be found here

Top Global CBD Oil Suppliers

According to ThomasNet, the top global CBD oil suppliers by revenue are Canopy Growth Corporation, Tilray, Elixinol, GW Pharmaceuticals (recently acquired by Jazz Pharmaceuticals), and Aurora Cannabis.

With almost double the revenue as the nearest competitor (which can be seen at the bottom of the page), we expected Canopy Growth to show the highest number of global searches, but instead, we saw Tilray take center stage as the company with the most searches.

Global Search Popularity

Worldwide Cannabinoid Search Trends

Note:
Numbers represent search interest relative to the highest point on the chart for the given region and time.
A value of 100 is the peak popularity for the term. A value of 50 means that the term is half as popular. A score of 0 means there
was not enough data for this term.

Tilray, a Peter Thiel backed cannabis company, is the first cGMP certified medical cannabis producer of dried flower and extracts. Their recent spike in search interest could be related to the popular Reddit forum, /r/wallstreetbets, singled out the stock for being heavily shorted. Along with its December 2020 merger with Aphria, this may have been a large contributor to its price surge within the last 90 days, and subsequently, it’s increase in search popularity.

Financial Figures For The Top 5 Most Searched Companies

Top global suppliers of cbd oil company Estimated annual revenue Search popularity rank
Canopy Growth Corporation $ 77,900,000 2
Tilray $ 43,130,000 1
Elixinol LLC $ 37,100,000 5
GW Pharmaceuticals $ 19,391,000 4
Aurora Cannabis $ 19,147,000 3

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Manufacturing, Retail & Distribution

The delta variant of COVID-19 has raised concerns around the world that the pandemic may continue. This fear has already affected other commodity prices such as oil and gas, while increasing government bond buying. We caution companies to keep their eye on local COVID-19 news as well as stock inventory of essential items for their business to head off any potential breaks in the supply chain that may result if the economy shuts down due to the delta variant of COVID-19.

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