U.S. Hemp Market Update

<p>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).</p><p>The key players operating in the market are focusing on formulating new product offerings infused with CBD oil to provide consumers with easy access. </p><p>A hemp survey collected data for hemp found:</p><p>*Planted area for industrial hemp grown in the open for all utilizations in the </p><p>*United States totaled 54,152 acres.</p><p>*Area harvested for all utilizations totaled 33,480 acres.</p><p>*The value of U.S. hemp production in the open totaled $712 million.</p><p>Episode 898 The #TalkingHedge looks at Benzinga’s article...</p><p><a href="https://youtu.be/hIksZ48oaF4">https://youtu.be/hIksZ48oaF4</a></p>