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Wholesale Hemp Genetics Pricing

INDUSTRIAL SEEDS CBD CLONES
     $1.78
$3.95 CBG SEEDS
     $0.87
CBD SEEDS (FEMINIZED)
     $0.68
CBG CLONES
$2.31
WHOLESALE HEMP

Note:
The color represents the percent drop in price from the previous month.
The dollar amount refers to the price of the product in $ / unit.

CBD seed prices

Throughout the month, there was a decrease in industrial seed and CBD seed prices, potentially signaling the tail end of purchases for this summer’s harvest. CBG genetics continue to be a popular topic with most circles, showing month over month growth with clones up 4% and seeds up 10%. The product category that’s proving to be the most explosive is nonfeminized seeds, which is typically left out of the discussion with unit quantities of pounds vs units or individual seeds. The nonfeminized CBD genetics market is up 25% month over month with more farmers looking to save money on genetics.

Wholesale Hemp Biomass Pricing

CBG Biomass
     (A GG RE G ATE)
CBD BIOMASS
     (AGGREGATE)
CBD BIOMASS
     (25K – 100K LBS.)
$0.94 $0.47 $0.40
CBG Biomass
     (0 – 25K    LBS.)
CBD   BIOMASS
     (100K – 1M LBS.)
CBD BIOMASS
     (1M+ LBS.)
$0.66 $0.31 $0.20
WHOLESALE HEMP

Note:
The color represents the percent drop in price from the previous month. The dollar amount refers to the
price of product in $ / % CBD or CBG / lbs.

Manufactures continue to finish extracting the 2019 crop, and this is evident when you look at biomass prices. The biomass market prices, however, continue to remain stable with only slight decreases in prices observed. Biomass pricing of orders of 25k-100k saw the largest price decrease which was $0.06 or 13%. If your facility has storage capacity, we continue to advise our clients to be selective with biomass acquisitions and connect with farmers that are planning on being in the industry for the foreseeable future.

Wholesale Hemp Derivative Pricing

CBG ISOLATE
     $1,656
REFINED HEMP OIL
     (AGGREGATE)
DISTILLATE
     (BROAD SPECTRUM)
DISTILLATE
(THC FREE)
$994 $828
$1,348 CBD ISOLATE CRUDE HEMP
     Oil
CBG DISTILLATE $547
DISTILLATE
(FULL SPECTRUM)
$1,336 $543 $260
WHOLESALE HEMP

Note:
The color represents the percent drop in price from the previous month.
The dollar amount refers to the price of the product in $ / unit.

Crude oil prices saw a huge rebound from their previous low in January with a 26% price increase. Currently, we’re seeing prices around $260 / kg for crude oil, which is a welcome relief for manufacturers across the board. CBG distillate prices remain stable at ~$1300 / kg, but volume orders remain the limiting factor in the emerging CBG market. Delta-8 prices saw another steep decrease, with our network reporting Delta-8 distillate prices around $800 / kg. Lastly, CBD isolate manufacturers continued to convert inventory at record levels.

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Wholesale Hemp Genetics Pricing

Wholesale Data

Last month was a positive month for companies selling genetics in the hemp industry which saw increases across the board. Notably, industrial seeds have continuously seen monthly increases throughout the year. With planting seasons starting up, farmers who decided to plant again this year are proceeding with caution. The price of non-feminized seeds are continuing to rise, recently reaching the $290/lbs threshold. While waiting on the FDA’s ruling on the safety of CBD as a food additive, farmers may purchase non-feminized seeds to decrease the capital needed.

Wholesale Hemp Biomass Pricing

CBG Biomass
     (A GG RE G ATE)
CBD BIOMASS
     (AGGREGATE)
CBD BIOMASS
     (25K – 100K LBS.)
$0.89
CBD Biomass
     (0 – 25K    LBS.)
$0.53 $0.42
CBD   BIOMASS
     (100K – 1M LBS.)
CBD BIOMASS
     (1M+ LBS.)
$0.77 $0.31 $0.19

Note:
The color represents the percent drop in price from the previous month. The dollar amount refers to the
price of product in $ / % CBD or CBG / lbs.

The CBD biomass market continues to stabilize with price increases for every category, except for orders over 1 million lbs. This category saw a $0.01 or 5% drop. CBG biomass decreased $0.05/% CBG/lbs. over the course of this month, making CBG derivative products difficult to move. We speculate that farmers are finally starting to sell their 2020 crop, an overall higher-quality product compared to what is currently on the market. Due to the increased quality, we’re seeing increased price points. More good news; the biomass market is stabilizing with price fluctuations remaining within 10% over the last few months.

Wholesale Hemp Derivative Pricing

CBG ISOLATE
     $1,644
CBG   DISTILLATE REFINED HEMP OIL
     (AGGREGATE)
DISTILLATE
     (BROAD SPECTRUM)
DISTILLATE
     (THC    FREE)
$1,146 $855 $714
DISTILLATE
(THC FREE)
$1,146 $855 $714
$1,262 $551 $497 $224

Note:
The color represents the percent drop in price from the previous month.
The dollar amount refers to the price of the product in $ / unit.

Vio Coop, a large-scale crude oil provider for the Colorado CBD manufacturing sector, has recently closed, according to Hemp Benchmarks. This should result in significant ripple effects on all downstream CBD products, such as distillate and isolate, in the coming months. For the time being, the derivative market will experience volatility across the board with most categories observing price decreases. CBD crude, refined, and broad-spectrum distillate oils were down 14% since last month. CBD isolate and CBG isolate were up 1% since last month. Due to the lack of FDA regulations, brands continue to tread cautiously by holding limited inventory and maintaining a lean business model.

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