Re:Farmers rushed into hemp, but now face a glut
by coderintherye on Tuesday December 03, 2019 @02:07PM
(#21695483)
As another comment noted, biomass is overproduced and prices low but premium smokeable hemp flower is still doing well. I imagine more farmers will shift in that direction next year, assuming the new USDA rules don't destroy the industry.
The new USDA guidelines would make almost all of the current strains of CBD-dominant flower unavailable to grow due to the change in testing to count total THC rather than just delta-9 THC. Some farmers will switch to CBG which is another cannabinoid, but it's not one that is going to have as wide of an appeal.
My small friends and family grows in Southern Oregon and we did ok this year despite the challenges, but there is a lot of uncertainty around what will happen next year due to the potential regulation changes.
The new USDA guidelines would make almost all of the current strains of CBD-dominant flower unavailable to grow due to the change in testing to count total THC rather than just delta-9 THC. Some farmers will switch to CBG which is another cannabinoid, but it's not one that is going to have as wide of an appeal.
My small friends and family grows in Southern Oregon and we did ok this year despite the challenges, but there is a lot of uncertainty around what will happen next year due to the potential regulation changes.