The cannabinoid industry has been a victim of the same forces influencing other markets with stocks down month over month and wholesale cannabinoid prices down from the THC markets to the CBD markets. Another cannabinoid key factor to keep an eye on for manufacturers will be the steady increase in future ethanol prices. Ethanol has experienced a 14% increase since January, and with it being a key solvent in most industrial-scale CBD and some THC manufacturing operations, we expect operators to be in challenging times. A decrease in wholesale prices coupled with increases in key inputs is never a good scenario. Managing supply chains, staying informed, and running efficiently during these times will be more crucial than ever as the industry continues to develop.
Kellen Finney, Eighth Revolution
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