You can’t read a financial website, newspaper, or investor newsletter without seeing the prospects of the cannabis and hemp markets.
In agriculture, farmers across the country are asking if these crops could be the next big rotating crop, combined with corn, soybeans, and wheat.
Jonathan Rubin, CEO of New Leaf Data Services and its Cannabis and Hemp Benchmarks divisions, says that while people are excited about these crops that are being used for industrial, medicinal, and recreational purposes, reality is already creating sobering moments.
U.S. Markets Erode
In U.S. cannabis markets, there has been significant price erosion in the last few years. Specifically,