According to Coherent Market Insights, the global cannabis extract market is estimated to be valued at $10.74 billion in 2022 and is expected to exhibit a CAGR of 17.3% over the forecast period (2022-2030).

The key players operating in the market are focusing on formulating new product offerings infused with CBD oil to provide consumers with easy access.

A hemp survey collected data for hemp found:
Planted area for industrial hemp grown in the open for all utilizations in the
United States totaled 54,152 acres.
Area harvested for all utilizations totaled 33,480 acres.
The value of U.S. hemp production in the open totaled $712 million.

Episode 898 The #TalkingHedge looks at Benzinga’s article...
https://youtu.be/hIksZ48oaF4