Im wondeing if someone here can tell me just how much cbd industrial hemp yields on average. I felt the prices are very high for cbd products and the consumer is being fleeced. But recently some one pointed out to me it might just be a matter of supply and demand. He said he happend to have watched some video on youtbe with some hemp farmers complaining about how absurd the .3% max thc threshold is. The farmers find themselves with plants that produced just below .3% one season but the next season, with the same strains ended up above the allowed .3 threshold. And they find themselves with ton of stuff they are supposed to destroy. And another thing mentioned in the talk was that most hemp that produce below .3% thc, are typically 5-8% cbd. In effect limiting total percent of cbd that can be grow per acre.
Is this true? Plants below .3%thc typically dont produce over 8% cbd?
When i google this , i find some sites stating 10%cbd production on average.
I just skimmed through a story on a hemp farmer in Kentucky saying he averaged 17,18% cbd.
Anyone know how things are actually playing out on the ground and why this stuff is so expensive?
Start with $20+ clones or $10 to $20 seeds!!
Say you have a plant that produces 16ounces or 450 grams of raw material.
I am a vegetable farmer. Overhead is high very high. Buying land specialized equipment, taxes, hired bums for labor. Frickin government paperwork and fees!!!!
Little left before you wholesale to a processor. Which has tons more government paperwork and fees, plus massive overhead on very expensive extraction equipment. Again now you wholesale to a retailer, who pays even more taxes and fees to sell it.
So back to thatt450 grams of raw material. Say it is 10% CBD, that's 45 grams potential, say you net 30 grams.
$10 a gram wholesale? That's $300 gross. Net may be a farmers wage of $2 an hour for your labor.
Why such a loss to small time growers and processors????
GOVERNMENT!!!
Opressing mom and pop operation in favor of Wall Street pigs.