Learn more

The hemp market, after riding the highs of the “green rush” in 2021, faced significant challenges in 2022, similar to the broader global cannabis market downturn. This period was marked by considerable corrections in cultivation and prices. However, a recent report from the U.S. Department of Agriculture (USDA) brings promising news: the market is showing signs of stabilization. Key Insights From USDA ReportThe USDA’s National Agricultural Statistics Service released a report indicating positive trends in the hemp industry: Market Value and Acreage: The value of open hemp production rose to $2…

cuu