Presentation is loading. Please wait.

Presentation is loading. Please wait.

Annual Sales of Hemp Products in United States

Similar presentations


Presentation on theme: "Annual Sales of Hemp Products in United States"— Presentation transcript:

1 Annual Sales of Hemp Products in United States

2 Hemp – Superior to Corn in Ethanol Production
Assumes 180 bushels per acre average yield (2014) Maximum height of 6-7 feet Grown in 12-inch rows High pesticide and herbicide requirements No guaranteed contracts Hemp stalk yields average 6-10 tons/acre Planted densely (35-50 plants per SF) Height of up to 15 feet Douple-Quadruple biomass per acre No pesticide/herbicide requirements 1/3 water use compared to corn Only single revenue stream – seeds/flowers separate! Will also compete with other markets requiring pulp…not tied just to ethanol!

3 Hempseed – Food or Fuel?? Major component in nutrition and health food markets Currently monopolized by Canada and European countries Artificially inflated prices as a result of prohibition After conversion to oil, ~530 pounds of pressed seed cake will be remaining High in protein and Omega-3 and -6 Raw material for organic protein powders and other nutritional supplements Potential livestock and poultry feeds Raw oil as potential bio fuel! No refining needed!

4 Hemp Flowers – Medicinal Cannabinoids!
Current market supplied exclusively by European hemp! Monopolized market charges nearly $9,000 per pound of CBD (pure), or ~$0.02 per milligram Retail price is ~$0.05 per milligram (2.5 X)! “Est. Wholesale” based on a per milligram price of $0.004 per milligram!!!! Still only represents one potential revenue source from the crop!


Download ppt "Annual Sales of Hemp Products in United States"

Similar presentations


Ads by Google