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.
Show Notes:
America Produced $824 Million Of Hemp In 2021, USDA Confirms
https://www.benzinga.com/markets/cannabis/22/02/25700925/america-produced-824-million-of-hemp-in-2021-usda-confirms
Global Cannabis Extract Market To Surpass $38B By 2030
https://www.benzinga.com/markets/cannabis/22/02/25693583/global-cannabis-extract-market-to-surpass-38b-by-2030-key-players-include-tilray-canopy-growth-a
Hemp Benchmarks
https://www.hempbenchmarks.com/wp-content/uploads/2022/02/Harvest-Survey-2021.pdf
Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/
Episode 898 The #TalkingHedge…
Your Cannabis Business Podcast.
Covering cannabis products, reviews, business news, interviews, investments, events, and more.
https://www.theTalkingHedgepodcast.com
Music Info:
Song: Beat | Keep On | 2020
Artist: Milochromatic Beats
&
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018
Artist: LuxrayBeats
Keywords:
Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Business Podcast, CBD podcast, THC podcast, Cannabis Pitch Deck, Marijuana Pitch Deck, Marijuana Investment Deck, Cannabis Investment Deck, Cannabis Compliance, Cannabis Data, Cannabis Banking, Cannabis Investment, Pot Stocks, Cannabis Stocks, Weed Stocks, Marijuana Stocks, Cannabis Data, Marijuana Data, Cannabis Analytics, Marijuana Analytics, Cannabis Sales Data, Marijuana Sales Data
Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers. This is only entertainment.
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