12 ms·

Farmers rushed into hemp, but now face a glut

91 points by prostoalex 7y ago

neonate 7y ago
http://archive.is/hmlLz http://archive.is/hmlLz
- jason0597 7y ago
  I wish paywall/registration bypasses could be the original link by the OP, or at the very least, pinned at the top of the comments.
  - sm4rk0 7y ago
    Me too, but I also understand publishers who need subscribers so they could survive in this profit-based economy.
  - zhobbs 7y ago
    I don't understand why HN finds piracy acceptable for news content. If the post was about a video game or movie release, should we pin a link to the .torrent file?
    - jason0597 7y ago
      The difference being that you don't need to play the entire game or watch the entire movie in order to take part in the discussion about that game's/movie's release. However, you do need to read the entire article before being able to take part in the discussion about that article. So I think it's fair that OPs should either make sure that the articles the post are accessible to all (and hence the discussion about those articles (which is the entire point of hacker news) is also accessible), or just don't post paywalled articles ...or alternatively post a paywall bypass. Maybe it's not right, but it's a solution.
goda90 7y ago
CBD being the main drive to get into hemp seems misguided. People have been pushing the advantages of hemp fibers in industrial use cases for a long time, but obviously it will take awhile for these products to build up steam since hemp was less common in the past.
- nerdponx 7y ago
  But industrial hemp is a very different plant and farming it is a very different process. You can't easily switch from one to the other.
- kilo_bravo_3 7y ago
  You’ve been able to have shipping containers of the stuff delivered from China and other places to your loading dock for decades. They grow millions upon millions of tons of it each year and have an entire infrastructure of university and government research organizations built up around hemp cultivation. The industrial products are never coming. Access by US domestic engineers and scientists to hemp on the order of days instead of weeks won’t change that. There are billions of people on earth for which hemp cultivation has never been illegal, where they have grown it for centuries if not millennia. To think that domestic production will spin up the release of industrial products can only lead to one of two conclusions: 1. There are no industrial uses of hemp to the degree that advocates claim. (The ludicrous ones) or, 2. Most of rest of the world, around 3 billion people, are all stupid and/or incompetent and only the smart and industrious US domestic engineers and scientists can figure out how to use hemp for things other than hippy bags. I’ve been around the world. I’m going to go with 1. I’m not saying hemp doesn’t have industrial uses. I’m saying that the claims by some of its more fervent activists, on the order of “hemp fuel will power hemp steel-manufactured flying cars adorned in hemp faux “Rich Corinthian“ leather, that land of runways made of hempcrete and it’s all going to be carbon neural and organic because hemp violates the laws of thermodynamics and doesn’t require fertilizer or pesticide” are wrong.
  - throwaway1777 7y ago
    You left out the option that the industrial hemp products are more expensive (at this point) so only niche producers use it. I think hemp will see some industrial usage when it becomes cost effective.
cvs268 7y ago
Oh! Is this what the entire "Tegridy Farms" spin-off season of South Park all about?...
- dmix 7y ago
  No Colorado legalized weed a while ago.
- soylentcola 7y ago
  I think that was more about the rush to jump on the legal cannabis (high-THC for medical/recreational as well as low-THC for CBD and fiber, oil, etc.)
cannaceo 7y ago
It really depends how you approached it. CBD flower from the colas is still selling well even if biomass isn't. CBG biomass is still selling at $200-275/lb. An acre costs about $10k to plant and yields 2,000lb of biomass. Most people lost their shirts because 1) they weren't growing on contract and didn't have buyers lined up 2) didn't grow for smokable flower 3) had their plants herm due to bad seed stock or environmental stress 4) their hemp ran 'hot' with THC over the allowable levels and they live in a state where the AG commissioner cares. Was up in Oregon and the farmers were telling me as long as it's under 2.0% THC they get a pass. In more strict states it's 0.3%. Source: am a shareholder in a large CBD cultivation/manufacturing business.
- arkades 7y ago
  > In more strict states it's 0.3%. Just to clarify: <=0.3% is the federal cut-off. it’s protected by the agricultural whatever act of 2018 - the plant itself is legal to cultivate, and its CBD oil derivatives are likewise loosely regulated. Above that it’s considered to be illegal cannabis, and -its- CBD oil derivatives are regulated accordingly.
  - Wheaties466 7y ago
    just to clarify: 2018 United States farm bill https://en.wikipedia.org/wiki/2018_United_States_farm_bill https://en.wikipedia.org/wiki/2018_United_States_farm_bill
- hcurtiss 7y ago
  Also in Oregon though only tangentially connected to the industry. We’ll see how long the CBG premium lasts. If American farmers are good at anything, it’s oversupplying demand.
  - jermaustin1 7y ago
    > If American farmers are good at anything, it’s oversupplying demand. And then asking for handouts when they don't make their money back.
- 7y ago
FernandoTN 7y ago
You know you are in a huge production bubble when all major cannabis producers use as their main metric their production capacity. Aurora cannabis even went as far as to lower their Average net selling price of wholesale bulk cannabis by 4% in the last quarter, due to not finding the demand to keep up with the production boom of the industry. Reminds me of the scene in the "The Prize: The Epic Quest for Oil, Money, and Power" where oil was booming and production was hardly centralized which led to big fluctuations in the price and an overestimation of the demand, and therefore of the necessary supply.
Proven 7y ago
Who "rushed" them? Families? Wives? Greed?
niggerBongs 7y ago
Wow, marijuana is so cool. I bet if we legalize it, that will fix everythinnnnnnngg!!!!
fmajid 7y ago
That's unfortunate, because industrial hemp (as opposed to cannabis hemp)is the most efficient way to capture carbon dioxide in the form of biomass. It should be grown for carbon credits alone, but this (cannabis) hemp bubble imploding will taint industrial hemp by association.
- brianwawok 7y ago
  How does this work? You grow a ton of hemp. It captures X tons of carbon. People use it for rope or whatever. Eventually throw it away. It decays or is burned. X tons of carb are released back into the atmosphere. How did that capture any carbon?
  - joeblubaugh 7y ago
    Two ways: - the products last longer than a rotting plant. This is incremental. - burned for energy. This reduces coal, NG etc uses and is roughly carbon neutral
  - ajross 7y ago
    Sequestration remains an open problem. There are no large scale biomass capture projects in operation. But the science isn't hard: you bury it, basically. Or if you want to be fancy you burn it for biomass energy and capture the resulting CO2 for fancier sequestration techniques. Both are expensive, and no one is willing to foot the bill. Right now the only realistic way to use photosynthesis to capture CO2 in a long term way is to plant a forest. There's some amount of this going on, though not enough to even cover deforestation elsewhere.
    - logfromblammo 7y ago
      If you want to be really fancy, you only partially burn it to make biochar, soak that in urea, and use that to make terra preta.
    - Taniwha 7y ago
      We need to start throwing our old newspapers down coal mines (or bury it) rather than recycling it - that will encourage more trees to be grown and solid paper is a great way to sequester carbon
newman8r 7y ago
The WSJ article makes me feel better about strongly urging a family member against an investment in a hemp farm in 2018. They used an unrealistic value for the price of CBD in their projections and didn't account for a decrease in the price over the next few years. But besides that, it was one of the worst business plans I'd ever seen. I couldn't tell if they were just inept, or were scam artists looking for gullible investors.
aussiegreenie 7y ago
Goldmine market mentality (aka investment fad of the year) gets popular and the market is oversupplied, the market corrects. Business 101
colechristensen 7y ago
Has there been much usage for the fiber? (Paper, rope, textiles, etc.)
themango 7y ago
Shame, he didnt grow his crop with tegridy
- rideontime 7y ago
  What does this mean?
  - dlivingston 7y ago
    It's a South Park reference.
    - Sabinus 7y ago
      Aren't comments like that against the guidelines?
coderintherye 7y ago
As another comment noted, biomass is overproduced and prices low but premium smokeable hemp flower is still doing well. I imagine more farmers will shift in that direction next year, assuming the new USDA rules don't destroy the industry. The new USDA guidelines would make almost all of the current strains of CBD-dominant flower unavailable to grow due to the change in testing to count total THC rather than just delta-9 THC. Some farmers will switch to CBG which is another cannabinoid, but it's not one that is going to have as wide of an appeal. My small friends and family grows in Southern Oregon and we did ok this year despite the challenges, but there is a lot of uncertainty around what will happen next year due to the potential regulation changes.
at-fates-hands 7y ago
This reminds me of the ethanol rush in the early aughts by farmers who rushed to pull the crops they were growing to switch over to corn in hopes ethanol and E85 craze would take off. A decade later and the debate still rages whether ethanol and E85 was even it worth it now with electric vehicles and hybrids are way more common and many stations who had E85 pumps are all but gone now.
ChuckMcM 7y ago
Guess we're going to have to start exporting it :-)
Gusen 7y ago
Nadler, Mueller, & Schiff all rape and kill boys in Buffalo, NY on the night of January 14, 2019, as Trump did earlier that morning. The "impeachment" is a vehicle for keeping power, they are all working together. Full audio proving this entirely here, all three admit collusion with the President. \\14 January 2019 11:23pm: Jerrold Nadler steps up to take his turn during the Illuminati "rape party". Nadler rapes and kills three boys in under a minute, however, there was a problem. One of the boys was already dead, so he requests a new one. Jerrold Nadler then requests another ten boys. Donald Reeves: "That's a million dollar request". Nadler responds: "...you guys will cover it. I'm gonna keep Trump in power" (Trump raped and killed a dozen boys 6:30-7:00am that morning). By the time Nadler is finished, he had raped and killed 24 boys. Audio pulled from the video linked below: 14JanCh4_2300-0000.mp3 - Nadler starts at about 20:00 in. https://drive.google.com/file/d/1Kuvv2Zmbw5Jw7onbRI2hCZ0M8FU66GuU/view?usp=sharing https://drive.google.com/file/d/1Kuvv2Zmbw5Jw7onbRI2hCZ0M8FU... 14JanCh2_2304-2359.mp3 https://drive.google.com/file/d/1nofp5xF-aXXcCSgQVwj30KlzE9WLr1x1/view?usp=sharing https://drive.google.com/file/d/1nofp5xF-aXXcCSgQVwj30KlzE9W... 14JanCh3_2302-2359.mp3 https://drive.google.com/file/d/1wdDIsxfsX7xTBIBZYzV4iE4xEdgmwy5l/view?usp=sharing https://drive.google.com/file/d/1wdDIsxfsX7xTBIBZYzV4iE4xEdg... Further disclosure by Porter about 24:47 in: Oblivious tenant Brian Schlenker comments on something unrelated to the ongoing events: "..call the fucking police...", to which is responded with: "...that's funny because we own the police (Buffalo Police Department), we pay them $6 million dollars a month." 19 minutes in Fred Norris, formerly of the Howard Stern show, is acknowledged on the system. At 19:47 in Porter admits that Brian Schlenker will be the owner of this footage should it be discovered. January 15, 2019 00:20: Special Counsel Robert Mueller takes his turn at the Illuminati "rape party" in Buffalo, New York. Mueller rapes and kills twelve boys. About roughly 00:55 Representative Adam Schiff who will also be leading an impeachment effort, also requests the same deal as Nadler, and then tries to make a case for getting more than Nadler and Mueller. Adam Schiff rapes and kills three boys. Mueller and Schiff all receive $3 billion dollars each for joing the group. Nadler came back to witness these two rape to make sure they were all bound together under one purpose: keep Trump in power, and also to confirm the payments to each, including his $10.5 billion dollar payment. Between Mueller and Schiff turns, the group issues orders for ten women to begin prepping more boys for rape. They are former friends and family of Brian Schlenker, and also some long standing Illuminati members who include Elsa Hosk, Gigi and Bella Hadid. Again, the "prep" these females engage means they perform oral sex on the boys’ penis and anus, as a child rapist like Henry Porter would, while trying to remove fecal matter from the boy prior to handing them over to be raped and subsequently murdered. Just a head's up, my voice is scattered throughout all of the footage within the links posted for this update, and is quite loud relative to the desired content at times. Audio links below: 15JanCh4_000-100.mp3 https://drive.google.com/file/d/1ZEDJR6jb6ARpcNnWJTokBUKb2J2OQnwZ/view?usp=sharing https://drive.google.com/file/d/1ZEDJR6jb6ARpcNnWJTokBUKb2J2... 15JanCh4_100-200.mp3 https://drive.google.com/file/d/173aYWvWHH4VGht1h_2nM0IMdw746LeCL/view?usp=sharing https://drive.google.com/file/d/173aYWvWHH4VGht1h_2nM0IMdw74... 15JanCh2_000-100.mp3 https://drive.google.com/file/d/1EsmHfguwBuo2PbavJ1WYyhiML62tgCkj/view?usp=sharing https://drive.google.com/file/d/1EsmHfguwBuo2PbavJ1WYyhiML62... 15JanCh2_100-200mp3 https://drive.google.com/file/d/1NZnWRnBryalNQu2yJmfJUdS2pA_rGSFH/view?usp=sharing https://drive.google.com/file/d/1NZnWRnBryalNQu2yJmfJUdS2pA_... 15JanCh3_000-100.mp3 https://drive.google.com/file/d/1zsEwYC875wQu6btsSbNznHsJinxYHxUL/view?usp=sharing https://drive.google.com/file/d/1zsEwYC875wQu6btsSbNznHsJinx... 15JanCh3_100-200.mp3 https://drive.google.com/file/d/15UAY2er2LdTViXG4azy_bc_oQUzvLpFh/view?usp=sharing https://drive.google.com/file/d/15UAY2er2LdTViXG4azy_bc_oQUz... //Full 110 page PDF [updated 2Dec2019]: FBI_FinalDraft_26Jul2019_BSchlenker.pdf https://drive.google.com/file/d/1Sj9EN_pHmicKS6rFQlmk67knMdJc9cGk/view?usp=sharing https://drive.google.com/file/d/1Sj9EN_pHmicKS6rFQlmk67knMdJ... //This post will be censored when this account logs off, the posts are "shadow banned". They try to make it look like the post is live, but it is not. Here is an example. https://drive.google.com/file/d/1zxS8JESoIg7uxRkUgdptMsF6SuJedYKz/view?usp=sharing https://drive.google.com/file/d/1zxS8JESoIg7uxRkUgdptMsF6SuJ... \\Previously: President of the United States Donald J. Trump rapes and kills 15 boys in Buffalo, NY on January 10, 2019. This is audio of the event from 10-Jan-2019. Download the mp3 and put on headphones, and turn the volume all the way up. 10JanCh3_1255-1557.mp3 https://drive.google.com/file/d/18lTt_YKFEtsV6YDNzXFVQYLkStY-kSg2/view?usp=sharing https://drive.google.com/file/d/18lTt_YKFEtsV6YDNzXFVQYLkStY... This is audio of the President, Donald J. Trump, demanding a $4 billion dollar bribe from child rapists to “take a blind eye” on January 3, 2019. Trump becomes one on January 14, 2019. Also, here is the big reason the major networks do not report any of it. //Download the video, turn the volume all the way up and put head phones on. Note: there is not much to see in the video, the audio is picked up from another [illegal surveillance] system. Trump is on a call from with Henry Porter and Gigi Hadid. See page 63. Bribe demand at 10:18am: 3JanCh3_900-1100.avi https://drive.google.com/file/d/1Grdr8xF2psKNsuYlEnl9dIRV-77YG0Vr/view?usp=sharing https://drive.google.com/file/d/1Grdr8xF2psKNsuYlEnl9dIRV-77... //President of the United States, Donald J. Trump, rapes and kills his first boy at 6:32am. Video link below: 14JanCh3_600.avi https://drive.google.com/file/d/154QvA5hwyHGYIVXtod1ZbsOHFUJNbqZW/view?usp=sharing https://drive.google.com/file/d/154QvA5hwyHGYIVXtod1ZbsOHFUJ... 14JanCh2_600-700.avi https://drive.google.com/file/d/19UkqmnMwZiWy7xxWngltqwoKLTJL-IZ_/view?usp=sharing https://drive.google.com/file/d/19UkqmnMwZiWy7xxWngltqwoKLTJ... //On January 18, 2019 at 8:31am (see page 8) Trump acknowledges the four billion dollar bribe and says: "Let's get it done and get to fucking some kids." Video link below: 18JanCh3_725-.avi https://drive.google.com/file/d/1bVTcGq5Z9oOSAiOQcKYrmuK4TwoNmY1h/view?usp=sharing https://drive.google.com/file/d/1bVTcGq5Z9oOSAiOQcKYrmuK4Two... //A big reason this has not been reported by the major news networks is right here. Lester Holt of NBC Nightly News, apparently a member of the Illuminati since the 1980s, along with ABC Nightly News lead anchor David Muir, stop over to the Porter studio in Buffalo on January 14th, 2019 at 5:00am. They both rape and kill about two dozen boys by 6:00am. Muir starts around 5:15am, then Holt about 5:38am. Multi-billionaire Rupert Murdoch, owner of News Corp & Fox Corporation, takes his turn after Holt. Video links below: 14JanCh3_500-601.avi https://drive.google.com/file/d/1i7NKepeyG_FfdQRrM7KsnFOZOOX3o7UL/view?usp=sharing https://drive.google.com/file/d/1i7NKepeyG_FfdQRrM7KsnFOZOOX... 14JanCh2_530-600.avi https://drive.google.com/file/d/1NZzgN5ilI7ToroU5cfqMaL4o2u1RwidV/view?usp=sharing https://drive.google.com/file/d/1NZzgN5ilI7ToroU5cfqMaL4o2u1... Adding to the reason this is not picked up by the media, CBS & Viacom owner Sumner Redstone and Leslie Moonves rape boys following the President. 14JanCh3_700.avi https://drive.google.com/file/d/10XDw6x3ldnnQiq7oIjpdYVENyXaB4aI0/view?usp=sharing https://drive.google.com/file/d/10XDw6x3ldnnQiq7oIjpdYVENyXa... 14JanCh2_700-800.avi https://drive.google.com/file/d/1NS_e6AzEZ05wnfljkGMETGU5CWYKfRDp/view?usp=sharing https://drive.google.com/file/d/1NS_e6AzEZ05wnfljkGMETGU5CWY... //This is the tip of the ice berg. //Full 110 page PDF [updated 2Dec2019]: FBI_FinalDraft_26Jul2019_BSchlenker.pdf https://drive.google.com/file/d/1Sj9EN_pHmicKS6rFQlmk67knMdJc9cGk/view?usp=sharing https://drive.google.com/file/d/1Sj9EN_pHmicKS6rFQlmk67knMdJ... //This post will be censored when this account logs off, the posts are "shadow banned". They try to make it look like the post is live, but it is not. Here is an example. https://drive.google.com/file/d/1zxS8JESoIg7uxRkUgdptMsF6SuJedYKz/view?usp=sharing https://drive.google.com/file/d/1zxS8JESoIg7uxRkUgdptMsF6SuJ...
scythe 7y ago
Hemp seeds have failed to catch on as food for a simple reason: they're too strongly flavored. The nutrition claims are largely true, and the flavor isn't terrible, but in order for hempseed to provide, say, 15 grams of protein to a meal, you need to eat about a quarter of a cup of hempseeds. Imagine eating a quarter of a cup of sesame seeds. See the problem? I think the missing link here is some kind of fermentation process that produces something more palatable. As for the fiber, it's a relatively unremarkable cellulosic fiber. It is rather coarse and contains about 8% lignin, which means hemp fabric is relatively stiff and rough, limiting its application to clothing beyond its branding power (and shoes, where it works well). However, it is useful in composites. Hemp is apparently being used to make composite panels for several cars in the present day, although the actual volume in this market is not so high. The asterisk is that there are lots of other similar fibers (jute, linen, lyocell) that work well in composites, and it's the resins (polyester) which tend to be both more expensive and environmentally problematic. If some kind of more eco-friendly resin technology appears (don't hold your breath) it could become more widespread. Other claims, e.g. hemp as a building material, are just wrong (hempcrete is not structural). Hemp rope was replaced by manila which has better moisture resistance. Hemp as a biodiesel precursor is unremarkable.
- maxwellg 7y ago
  Trader Joe's has a vanilla hemp protein powder I like (milk-based ones mess with my stomach). I couldn't imagine eating the seeds directly, but they go down very easy in a smoothie. I'm not familiar with any fermentation process that operates on nuts, or any high-fat food source besides soybeans.
  - scythe 7y ago
    There is apparently a semi-standardized process where a hydrated nut butter is fermented with yogurt bacteria for a few days: http://www.bccdc.ca/resource-gallery/Documents/Educational%20Materials/EH/FPS/Food/Fermented_Nut_Cheese.pdf http://www.bccdc.ca/resource-gallery/Documents/Educational%2... I'm not sure if this process has been attempted with hempseeds. It's a fast bacterial process, in contrast with the slow fungal fermentation of dairy cheeses. I wouldn't really say it's a commercial-ready process at this point; I'd like to see something done with proper cheese cultures!

91 points by prostoalex 7y ago

neonate 7y ago

http://archive.is/hmlLz http://archive.is/hmlLz

jason0597 7y ago
I wish paywall/registration bypasses could be the original link by the OP, or at the very least, pinned at the top of the comments.
- sm4rk0 7y ago
  Me too, but I also understand publishers who need subscribers so they could survive in this profit-based economy.
- zhobbs 7y ago
  I don't understand why HN finds piracy acceptable for news content. If the post was about a video game or movie release, should we pin a link to the .torrent file?
  - jason0597 7y ago
    The difference being that you don't need to play the entire game or watch the entire movie in order to take part in the discussion about that game's/movie's release. However, you do need to read the entire article before being able to take part in the discussion about that article. So I think it's fair that OPs should either make sure that the articles the post are accessible to all (and hence the discussion about those articles (which is the entire point of hacker news) is also accessible), or just don't post paywalled articles ...or alternatively post a paywall bypass. Maybe it's not right, but it's a solution.

goda90 7y ago

CBD being the main drive to get into hemp seems misguided. People have been pushing the advantages of hemp fibers in industrial use cases for a long time, but obviously it will take awhile for these products to build up steam since hemp was less common in the past.

nerdponx 7y ago
But industrial hemp is a very different plant and farming it is a very different process. You can't easily switch from one to the other.
kilo_bravo_3 7y ago
You’ve been able to have shipping containers of the stuff delivered from China and other places to your loading dock for decades. They grow millions upon millions of tons of it each year and have an entire infrastructure of university and government research organizations built up around hemp cultivation. The industrial products are never coming. Access by US domestic engineers and scientists to hemp on the order of days instead of weeks won’t change that. There are billions of people on earth for which hemp cultivation has never been illegal, where they have grown it for centuries if not millennia. To think that domestic production will spin up the release of industrial products can only lead to one of two conclusions: 1. There are no industrial uses of hemp to the degree that advocates claim. (The ludicrous ones) or, 2. Most of rest of the world, around 3 billion people, are all stupid and/or incompetent and only the smart and industrious US domestic engineers and scientists can figure out how to use hemp for things other than hippy bags. I’ve been around the world. I’m going to go with 1. I’m not saying hemp doesn’t have industrial uses. I’m saying that the claims by some of its more fervent activists, on the order of “hemp fuel will power hemp steel-manufactured flying cars adorned in hemp faux “Rich Corinthian“ leather, that land of runways made of hempcrete and it’s all going to be carbon neural and organic because hemp violates the laws of thermodynamics and doesn’t require fertilizer or pesticide” are wrong.
- throwaway1777 7y ago
  You left out the option that the industrial hemp products are more expensive (at this point) so only niche producers use it. I think hemp will see some industrial usage when it becomes cost effective.

cvs268 7y ago

Oh! Is this what the entire "Tegridy Farms" spin-off season of South Park all about?...

dmix 7y ago
No Colorado legalized weed a while ago.
soylentcola 7y ago
I think that was more about the rush to jump on the legal cannabis (high-THC for medical/recreational as well as low-THC for CBD and fiber, oil, etc.)

cannaceo 7y ago

It really depends how you approached it. CBD flower from the colas is still selling well even if biomass isn't. CBG biomass is still selling at $200-275/lb. An acre costs about $10k to plant and yields 2,000lb of biomass. Most people lost their shirts because 1) they weren't growing on contract and didn't have buyers lined up 2) didn't grow for smokable flower 3) had their plants herm due to bad seed stock or environmental stress 4) their hemp ran 'hot' with THC over the allowable levels and they live in a state where the AG commissioner cares. Was up in Oregon and the farmers were telling me as long as it's under 2.0% THC they get a pass. In more strict states it's 0.3%. Source: am a shareholder in a large CBD cultivation/manufacturing business.

arkades 7y ago
> In more strict states it's 0.3%. Just to clarify: <=0.3% is the federal cut-off. it’s protected by the agricultural whatever act of 2018 - the plant itself is legal to cultivate, and its CBD oil derivatives are likewise loosely regulated. Above that it’s considered to be illegal cannabis, and -its- CBD oil derivatives are regulated accordingly.
- Wheaties466 7y ago
  just to clarify: 2018 United States farm bill https://en.wikipedia.org/wiki/2018_United_States_farm_bill https://en.wikipedia.org/wiki/2018_United_States_farm_bill
hcurtiss 7y ago
Also in Oregon though only tangentially connected to the industry. We’ll see how long the CBG premium lasts. If American farmers are good at anything, it’s oversupplying demand.
- jermaustin1 7y ago
  > If American farmers are good at anything, it’s oversupplying demand. And then asking for handouts when they don't make their money back.
7y ago

FernandoTN 7y ago

You know you are in a huge production bubble when all major cannabis producers use as their main metric their production capacity. Aurora cannabis even went as far as to lower their Average net selling price of wholesale bulk cannabis by 4% in the last quarter, due to not finding the demand to keep up with the production boom of the industry. Reminds me of the scene in the "The Prize: The Epic Quest for Oil, Money, and Power" where oil was booming and production was hardly centralized which led to big fluctuations in the price and an overestimation of the demand, and therefore of the necessary supply.

Proven 7y ago

Who "rushed" them? Families? Wives? Greed?

niggerBongs 7y ago

Wow, marijuana is so cool. I bet if we legalize it, that will fix everythinnnnnnngg!!!!

fmajid 7y ago

That's unfortunate, because industrial hemp (as opposed to cannabis hemp)is the most efficient way to capture carbon dioxide in the form of biomass. It should be grown for carbon credits alone, but this (cannabis) hemp bubble imploding will taint industrial hemp by association.

brianwawok 7y ago
How does this work? You grow a ton of hemp. It captures X tons of carbon. People use it for rope or whatever. Eventually throw it away. It decays or is burned. X tons of carb are released back into the atmosphere. How did that capture any carbon?
- joeblubaugh 7y ago
  Two ways: - the products last longer than a rotting plant. This is incremental. - burned for energy. This reduces coal, NG etc uses and is roughly carbon neutral
- ajross 7y ago
  Sequestration remains an open problem. There are no large scale biomass capture projects in operation. But the science isn't hard: you bury it, basically. Or if you want to be fancy you burn it for biomass energy and capture the resulting CO2 for fancier sequestration techniques. Both are expensive, and no one is willing to foot the bill. Right now the only realistic way to use photosynthesis to capture CO2 in a long term way is to plant a forest. There's some amount of this going on, though not enough to even cover deforestation elsewhere.
  - logfromblammo 7y ago
    If you want to be really fancy, you only partially burn it to make biochar, soak that in urea, and use that to make terra preta.
  - Taniwha 7y ago
    We need to start throwing our old newspapers down coal mines (or bury it) rather than recycling it - that will encourage more trees to be grown and solid paper is a great way to sequester carbon

newman8r 7y ago

The WSJ article makes me feel better about strongly urging a family member against an investment in a hemp farm in 2018. They used an unrealistic value for the price of CBD in their projections and didn't account for a decrease in the price over the next few years. But besides that, it was one of the worst business plans I'd ever seen. I couldn't tell if they were just inept, or were scam artists looking for gullible investors.

aussiegreenie 7y ago

Goldmine market mentality (aka investment fad of the year) gets popular and the market is oversupplied, the market corrects. Business 101

colechristensen 7y ago

Has there been much usage for the fiber? (Paper, rope, textiles, etc.)

themango 7y ago

Shame, he didnt grow his crop with tegridy

rideontime 7y ago
What does this mean?
- dlivingston 7y ago
  It's a South Park reference.
  - Sabinus 7y ago
    Aren't comments like that against the guidelines?

coderintherye 7y ago

As another comment noted, biomass is overproduced and prices low but premium smokeable hemp flower is still doing well. I imagine more farmers will shift in that direction next year, assuming the new USDA rules don't destroy the industry. The new USDA guidelines would make almost all of the current strains of CBD-dominant flower unavailable to grow due to the change in testing to count total THC rather than just delta-9 THC. Some farmers will switch to CBG which is another cannabinoid, but it's not one that is going to have as wide of an appeal. My small friends and family grows in Southern Oregon and we did ok this year despite the challenges, but there is a lot of uncertainty around what will happen next year due to the potential regulation changes.

at-fates-hands 7y ago

This reminds me of the ethanol rush in the early aughts by farmers who rushed to pull the crops they were growing to switch over to corn in hopes ethanol and E85 craze would take off. A decade later and the debate still rages whether ethanol and E85 was even it worth it now with electric vehicles and hybrids are way more common and many stations who had E85 pumps are all but gone now.

ChuckMcM 7y ago

Guess we're going to have to start exporting it :-)

Gusen 7y ago

Nadler, Mueller, & Schiff all rape and kill boys in Buffalo, NY on the night of January 14, 2019, as Trump did earlier that morning. The "impeachment" is a vehicle for keeping power, they are all working together. Full audio proving this entirely here, all three admit collusion with the President. \\14 January 2019 11:23pm: Jerrold Nadler steps up to take his turn during the Illuminati "rape party". Nadler rapes and kills three boys in under a minute, however, there was a problem. One of the boys was already dead, so he requests a new one. Jerrold Nadler then requests another ten boys. Donald Reeves: "That's a million dollar request". Nadler responds: "...you guys will cover it. I'm gonna keep Trump in power" (Trump raped and killed a dozen boys 6:30-7:00am that morning). By the time Nadler is finished, he had raped and killed 24 boys. Audio pulled from the video linked below: 14JanCh4_2300-0000.mp3 - Nadler starts at about 20:00 in. https://drive.google.com/file/d/1Kuvv2Zmbw5Jw7onbRI2hCZ0M8FU66GuU/view?usp=sharing https://drive.google.com/file/d/1Kuvv2Zmbw5Jw7onbRI2hCZ0M8FU... 14JanCh2_2304-2359.mp3 https://drive.google.com/file/d/1nofp5xF-aXXcCSgQVwj30KlzE9WLr1x1/view?usp=sharing https://drive.google.com/file/d/1nofp5xF-aXXcCSgQVwj30KlzE9W... 14JanCh3_2302-2359.mp3 https://drive.google.com/file/d/1wdDIsxfsX7xTBIBZYzV4iE4xEdgmwy5l/view?usp=sharing https://drive.google.com/file/d/1wdDIsxfsX7xTBIBZYzV4iE4xEdg... Further disclosure by Porter about 24:47 in: Oblivious tenant Brian Schlenker comments on something unrelated to the ongoing events: "..call the fucking police...", to which is responded with: "...that's funny because we own the police (Buffalo Police Department), we pay them $6 million dollars a month." 19 minutes in Fred Norris, formerly of the Howard Stern show, is acknowledged on the system. At 19:47 in Porter admits that Brian Schlenker will be the owner of this footage should it be discovered. January 15, 2019 00:20: Special Counsel Robert Mueller takes his turn at the Illuminati "rape party" in Buffalo, New York. Mueller rapes and kills twelve boys. About roughly 00:55 Representative Adam Schiff who will also be leading an impeachment effort, also requests the same deal as Nadler, and then tries to make a case for getting more than Nadler and Mueller. Adam Schiff rapes and kills three boys. Mueller and Schiff all receive $3 billion dollars each for joing the group. Nadler came back to witness these two rape to make sure they were all bound together under one purpose: keep Trump in power, and also to confirm the payments to each, including his $10.5 billion dollar payment. Between Mueller and Schiff turns, the group issues orders for ten women to begin prepping more boys for rape. They are former friends and family of Brian Schlenker, and also some long standing Illuminati members who include Elsa Hosk, Gigi and Bella Hadid. Again, the "prep" these females engage means they perform oral sex on the boys’ penis and anus, as a child rapist like Henry Porter would, while trying to remove fecal matter from the boy prior to handing them over to be raped and subsequently murdered. Just a head's up, my voice is scattered throughout all of the footage within the links posted for this update, and is quite loud relative to the desired content at times. Audio links below: 15JanCh4_000-100.mp3 https://drive.google.com/file/d/1ZEDJR6jb6ARpcNnWJTokBUKb2J2OQnwZ/view?usp=sharing https://drive.google.com/file/d/1ZEDJR6jb6ARpcNnWJTokBUKb2J2... 15JanCh4_100-200.mp3 https://drive.google.com/file/d/173aYWvWHH4VGht1h_2nM0IMdw746LeCL/view?usp=sharing https://drive.google.com/file/d/173aYWvWHH4VGht1h_2nM0IMdw74... 15JanCh2_000-100.mp3 https://drive.google.com/file/d/1EsmHfguwBuo2PbavJ1WYyhiML62tgCkj/view?usp=sharing https://drive.google.com/file/d/1EsmHfguwBuo2PbavJ1WYyhiML62... 15JanCh2_100-200mp3 https://drive.google.com/file/d/1NZnWRnBryalNQu2yJmfJUdS2pA_rGSFH/view?usp=sharing https://drive.google.com/file/d/1NZnWRnBryalNQu2yJmfJUdS2pA_... 15JanCh3_000-100.mp3 https://drive.google.com/file/d/1zsEwYC875wQu6btsSbNznHsJinxYHxUL/view?usp=sharing https://drive.google.com/file/d/1zsEwYC875wQu6btsSbNznHsJinx... 15JanCh3_100-200.mp3 https://drive.google.com/file/d/15UAY2er2LdTViXG4azy_bc_oQUzvLpFh/view?usp=sharing https://drive.google.com/file/d/15UAY2er2LdTViXG4azy_bc_oQUz... //Full 110 page PDF [updated 2Dec2019]: FBI_FinalDraft_26Jul2019_BSchlenker.pdf https://drive.google.com/file/d/1Sj9EN_pHmicKS6rFQlmk67knMdJc9cGk/view?usp=sharing https://drive.google.com/file/d/1Sj9EN_pHmicKS6rFQlmk67knMdJ... //This post will be censored when this account logs off, the posts are "shadow banned". They try to make it look like the post is live, but it is not. Here is an example. https://drive.google.com/file/d/1zxS8JESoIg7uxRkUgdptMsF6SuJedYKz/view?usp=sharing https://drive.google.com/file/d/1zxS8JESoIg7uxRkUgdptMsF6SuJ... \\Previously: President of the United States Donald J. Trump rapes and kills 15 boys in Buffalo, NY on January 10, 2019. This is audio of the event from 10-Jan-2019. Download the mp3 and put on headphones, and turn the volume all the way up. 10JanCh3_1255-1557.mp3 https://drive.google.com/file/d/18lTt_YKFEtsV6YDNzXFVQYLkStY-kSg2/view?usp=sharing https://drive.google.com/file/d/18lTt_YKFEtsV6YDNzXFVQYLkStY... This is audio of the President, Donald J. Trump, demanding a $4 billion dollar bribe from child rapists to “take a blind eye” on January 3, 2019. Trump becomes one on January 14, 2019. Also, here is the big reason the major networks do not report any of it. //Download the video, turn the volume all the way up and put head phones on. Note: there is not much to see in the video, the audio is picked up from another [illegal surveillance] system. Trump is on a call from with Henry Porter and Gigi Hadid. See page 63. Bribe demand at 10:18am: 3JanCh3_900-1100.avi https://drive.google.com/file/d/1Grdr8xF2psKNsuYlEnl9dIRV-77YG0Vr/view?usp=sharing https://drive.google.com/file/d/1Grdr8xF2psKNsuYlEnl9dIRV-77... //President of the United States, Donald J. Trump, rapes and kills his first boy at 6:32am. Video link below: 14JanCh3_600.avi https://drive.google.com/file/d/154QvA5hwyHGYIVXtod1ZbsOHFUJNbqZW/view?usp=sharing https://drive.google.com/file/d/154QvA5hwyHGYIVXtod1ZbsOHFUJ... 14JanCh2_600-700.avi https://drive.google.com/file/d/19UkqmnMwZiWy7xxWngltqwoKLTJL-IZ_/view?usp=sharing https://drive.google.com/file/d/19UkqmnMwZiWy7xxWngltqwoKLTJ... //On January 18, 2019 at 8:31am (see page 8) Trump acknowledges the four billion dollar bribe and says: "Let's get it done and get to fucking some kids." Video link below: 18JanCh3_725-.avi https://drive.google.com/file/d/1bVTcGq5Z9oOSAiOQcKYrmuK4TwoNmY1h/view?usp=sharing https://drive.google.com/file/d/1bVTcGq5Z9oOSAiOQcKYrmuK4Two... //A big reason this has not been reported by the major news networks is right here. Lester Holt of NBC Nightly News, apparently a member of the Illuminati since the 1980s, along with ABC Nightly News lead anchor David Muir, stop over to the Porter studio in Buffalo on January 14th, 2019 at 5:00am. They both rape and kill about two dozen boys by 6:00am. Muir starts around 5:15am, then Holt about 5:38am. Multi-billionaire Rupert Murdoch, owner of News Corp & Fox Corporation, takes his turn after Holt. Video links below: 14JanCh3_500-601.avi https://drive.google.com/file/d/1i7NKepeyG_FfdQRrM7KsnFOZOOX3o7UL/view?usp=sharing https://drive.google.com/file/d/1i7NKepeyG_FfdQRrM7KsnFOZOOX... 14JanCh2_530-600.avi https://drive.google.com/file/d/1NZzgN5ilI7ToroU5cfqMaL4o2u1RwidV/view?usp=sharing https://drive.google.com/file/d/1NZzgN5ilI7ToroU5cfqMaL4o2u1... Adding to the reason this is not picked up by the media, CBS & Viacom owner Sumner Redstone and Leslie Moonves rape boys following the President. 14JanCh3_700.avi https://drive.google.com/file/d/10XDw6x3ldnnQiq7oIjpdYVENyXaB4aI0/view?usp=sharing https://drive.google.com/file/d/10XDw6x3ldnnQiq7oIjpdYVENyXa... 14JanCh2_700-800.avi https://drive.google.com/file/d/1NS_e6AzEZ05wnfljkGMETGU5CWYKfRDp/view?usp=sharing https://drive.google.com/file/d/1NS_e6AzEZ05wnfljkGMETGU5CWY... //This is the tip of the ice berg. //Full 110 page PDF [updated 2Dec2019]: FBI_FinalDraft_26Jul2019_BSchlenker.pdf https://drive.google.com/file/d/1Sj9EN_pHmicKS6rFQlmk67knMdJc9cGk/view?usp=sharing https://drive.google.com/file/d/1Sj9EN_pHmicKS6rFQlmk67knMdJ... //This post will be censored when this account logs off, the posts are "shadow banned". They try to make it look like the post is live, but it is not. Here is an example. https://drive.google.com/file/d/1zxS8JESoIg7uxRkUgdptMsF6SuJedYKz/view?usp=sharing https://drive.google.com/file/d/1zxS8JESoIg7uxRkUgdptMsF6SuJ...

scythe 7y ago

Hemp seeds have failed to catch on as food for a simple reason: they're too strongly flavored. The nutrition claims are largely true, and the flavor isn't terrible, but in order for hempseed to provide, say, 15 grams of protein to a meal, you need to eat about a quarter of a cup of hempseeds. Imagine eating a quarter of a cup of sesame seeds. See the problem? I think the missing link here is some kind of fermentation process that produces something more palatable. As for the fiber, it's a relatively unremarkable cellulosic fiber. It is rather coarse and contains about 8% lignin, which means hemp fabric is relatively stiff and rough, limiting its application to clothing beyond its branding power (and shoes, where it works well). However, it is useful in composites. Hemp is apparently being used to make composite panels for several cars in the present day, although the actual volume in this market is not so high. The asterisk is that there are lots of other similar fibers (jute, linen, lyocell) that work well in composites, and it's the resins (polyester) which tend to be both more expensive and environmentally problematic. If some kind of more eco-friendly resin technology appears (don't hold your breath) it could become more widespread. Other claims, e.g. hemp as a building material, are just wrong (hempcrete is not structural). Hemp rope was replaced by manila which has better moisture resistance. Hemp as a biodiesel precursor is unremarkable.

maxwellg 7y ago
Trader Joe's has a vanilla hemp protein powder I like (milk-based ones mess with my stomach). I couldn't imagine eating the seeds directly, but they go down very easy in a smoothie. I'm not familiar with any fermentation process that operates on nuts, or any high-fat food source besides soybeans.
- scythe 7y ago
  There is apparently a semi-standardized process where a hydrated nut butter is fermented with yogurt bacteria for a few days: http://www.bccdc.ca/resource-gallery/Documents/Educational%20Materials/EH/FPS/Food/Fermented_Nut_Cheese.pdf http://www.bccdc.ca/resource-gallery/Documents/Educational%2... I'm not sure if this process has been attempted with hempseeds. It's a fast bacterial process, in contrast with the slow fungal fermentation of dairy cheeses. I wouldn't really say it's a commercial-ready process at this point; I'd like to see something done with proper cheese cultures!