Weather will also be a key factor in determining when to pull the harvest trigger. The market is uncertain at best, but demand for hemp and CBD products is only growing. Looking back to October 2018, hemp biomass has sold for around $35 -$75 per pound, with an average of $56 based on actual sales data. So eg: an 80% CBD distillate brought in a 5kg lot might cost $8 per g of CBD, meaning the 5KG of CBD costs $40,000. This amount has jumped to $57 per pound in Q1 of 2019 and is expected to grow beyond $65 per pound in Q3. 750 lb = 16.6 gallons. Despite the labor necessary to bring in a good harvest, hemp-derived CBD gives a much higher return than hemp fiber and hemp seeds. Why is CBD so darn expensive? Previously, I had tried kanapinis because it was all I could find. Male hemp plants are plants that look similar to female cannabis plants, but do not contain THC which is the element that causes the high or euphoric effect. The average CBD concentration in the flowers of high-quality hemp strains is usually around 10% of the hemp flower’s total dry weight and typically sells for about $300-$450/pound. From October – December of 2018, hemp biomass averaged only $54 per pound. This is no surprise, of course; growing hemp for CBD has become one of the greatest draws of the hemp farming industry. However, growing hemp for CBD requires very different conditions and more tedious labor practices. In its purified distilled form, CBD oil commands thousands of dollars per kilogram, and farmers can make more than $100,000 an acre growing hemp plants to produce it. On average, you will get about one pound per plant, and be able to plant about 2,500 plants per acre. So if their labs are accurate (they are vetted so lets assume they are) and allowing for some variance, you can figure that their oil could contain near 50mg per 1ml oil. The remainder of the plant (the stems, leaves, seeds, etc.) Conde According to the Notre Dame University publication, The Midlands Naturalist, from a 1975 article called, "Feral Hemp in Southern Illinois," about the wild hemp fields that According to Hickey, the profitability of hemp depends primarily on what you grow it for. This leads to you making about $60,000 per acre before subtracting the … Kentucky’s future as a hemp market leader likely depends on the state’s ability to … Cannabidiol, or CBD, is one of over 60 active compounds in the cannabis plant. Male hemp plants contain largely CBD which can be easily isolated and infused into all kinds of CBD products such as tinctures, edibles, topicals, vape and many other products. Farmers often ask us how much CBD they can expect per acre of hemp.

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