Although industrial hemp can be legally grown in China, and the scale of cultivation in Heilongjiang, Yunnan and other places has been expanding, the price gap between planting and processing has reached thousands of times. The price of flower leaves sold by farmers to the company is The price of CBD (cannabidiol) in the international market after purification can reach 5,000 US dollars per kilogram. Moreover, due to the technical and license thresholds for industrial hemp extraction, it is difficult for CBD crystal production capacity to be explosively released, which also means that limited CBD production capacity will also restrict the scale of industrial hemp cultivation.
In addition to productivity issues, there are three issues that need to be faced when growing industrial hemp:
Weather factors: Industrial hemp has long and thin flowers and leaves rich in CBD. What makes growers a headache is the uncertain weather, which affects the harvesting schedule. In addition, industrial hemp is a high-stalk crop, which is not tolerant to soil drought, and the yield is small if there is little rain.
Profit is difficult to quantify: The economic benefits of farmers planting industrial hemp are related to the output, and the amount of money made varies from person to person, depending on planting experience, technology, etc. Secondly, although many people who grow industrial hemp say “small investment, fast recovery and large profits”, the industrial hemp market is not mature in our country, the price is unstable, and the amount of revenue will not be known until the hemp leaves are harvested and settled. , It is impossible to make a reasonable estimate in advance.
There is a huge price gap in each link: industrial hemp is an agricultural product, and the agricultural product planting link earns hard money, and most of the benefits are taken away by the midstream processing industry.
The key to industrial hemp is processing. Without processing, there is no value.
Take Yunnan, China as an example: the price of the flower leaf that the company directly buys from farmers is 10 yuan per kilogram. If you add hidden costs such as land transfer costs and care costs, the price can be 20 yuan per kilogram. The price of purified CBD can reach US$5,000 per kilogram. According to the minutes of the conference call conducted by the overseas team of the Tianfeng Securities Research Institute in March this year, in 2017, the 95% purity CBD of Yunnan was quoted at US$13,000/kg. With the commercialization attempts of industrial hemp in the food industry, beverage industry, cosmetics industry, and pharmaceutical industry, it will become a mass consumer product in the future and thus become an industrial hemp brand.
Industry issues of industrial hemp
Although industrial hemp can be legally grown in China, and the scale of cultivation in Heilongjiang, Yunnan and other places has been expanding, the price gap between planting and processing has reached thousands of times. The price of flower leaves sold by farmers to the company is The price of CBD (cannabidiol) in the international market after purification can reach 5,000 US dollars per kilogram. Moreover, due to the technical and license thresholds for industrial hemp extraction, it is difficult for CBD crystal production capacity to be explosively released, which also means that limited CBD production capacity will also restrict the scale of industrial hemp cultivation.
In addition to productivity issues, there are three issues that need to be faced when growing industrial hemp:
Weather factors: Industrial hemp has long and thin flowers and leaves rich in CBD. What makes growers a headache is the uncertain weather, which affects the harvesting schedule. In addition, industrial hemp is a high-stalk crop, which is not tolerant to soil drought, and the yield is small if there is little rain.
Profit is difficult to quantify: The economic benefits of farmers planting industrial hemp are related to the output, and the amount of money made varies from person to person, depending on planting experience, technology, etc. Secondly, although many people who grow industrial hemp say “small investment, fast recovery and large profits”, the industrial hemp market is not mature in our country, the price is unstable, and the amount of revenue will not be known until the hemp leaves are harvested and settled. , It is impossible to make a reasonable estimate in advance.
There is a huge price gap in each link: industrial hemp is an agricultural product, and the agricultural product planting link earns hard money, and most of the benefits are taken away by the midstream processing industry.
The key to industrial hemp is processing. Without processing, there is no value.
Take Yunnan, China as an example: the price of the flower leaf that the company directly buys from farmers is 10 yuan per kilogram. If you add hidden costs such as land transfer costs and care costs, the price can be 20 yuan per kilogram. The price of purified CBD can reach US$5,000 per kilogram. According to the minutes of the conference call conducted by the overseas team of the Tianfeng Securities Research Institute in March this year, in 2017, the 95% purity CBD of Yunnan was quoted at US$13,000/kg.
With the commercialization attempts of industrial hemp in the food industry, beverage industry, cosmetics industry, and pharmaceutical industry, it will become a mass consumer product in the future and thus become an industrial hemp brand.