PanXchange Hemp Market Report August 2020

by | Aug 11, 2020

Written by Kristina Etter

Kristina is a digital content creator and designer. She has a talent for creating engaging and informative content that resonates with our professional audience. Kristina’s passion for the cannabis industry stems from her belief that it has the potential to revolutionize the world in many ways, and has a personal testimony of cannabis success.

Hemp Market Report August 2020

With the majority of hemp crops grown outdoors, hemp farmers must contend with the whims of Mother Nature. From the humidity in the South causing blight to the hailstorms across Colorado, RJ Hopp, Director of Hemp Markets at PanXchange, reminds us in this podcast that weather conditions play a significant role in hemp cultivation.

Additionally, as legalization continues to press forward, policies and regulations are starting to inch ahead as well. In PanXchange’s Hemp Market Report, Hopp discusses the advances and changes being made by the FDA regarding hemp-derived cannabinoid products.

What about hemp-derived THC, where does it fall on the spectrum? With hemp oils, THC can be concentrated and may test higher than the .3% from the original biomass. With advanced extraction solutions, THC can be isolated from the hemp – but then where does it go? Can it be used?

Finally, Hopp also discusses the limitations of hempcrete and why it’s essential to take note of critical requirements such as building codes, load-bearing weights, and the like.

Listen to this podcast now and then sign up for PanXchange’s Monthly Hemp Market Report to get these insights delivered to your inbox!