Global CBD Prices Reduce as US Supply Shakes the Market

October 3, 2019 08:00:10

The huge supply of hemp on the global market has triggered price wars between producers and prices have started dropping. Estimates indicate that CBD prices have reduced by close to half within the past 12 months.

Market watchers attribute the surge in industrial hemp supplies to the zeal with which U.S. farmers took to growing this crop after it was legalized by…

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