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Balanced Reporting. Trusted Insights.
Saturday, April 12, 2025
The industrial hemp industry’s “green rush,” which began in mid-2017, has cooled, at least for those growing hemp for the cannabidiol (CBD) market and many companies that process it.
Too much product, some high-profile bankruptcies and continued regulatory uncertainty contributed to making 2019 a tough year for hemp growers, but proponents of the versatile plant say it’s still viable in the long term for uses including CBD (short for cannabidiol), food and fiber.