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Source: YAHOO FINANCE, 8/29/19
If you’re farming hemp this year, it might be a good time to panic. The US can only reasonably consume 22.5M lbs of 10% CBD Hemp in a year, and we’re currently growing closer to 180M. That’s 8X what we need which is leading to a massive price crash. It’s time to do some simple math to outline the situation. These numbers are rough estimates used strictly to make a point. For more of this story, click here.
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