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Hemp Supply Surplus May Be Imminent

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The hemp industry was bound to grow and grow quickly, given the decades of pent-up demand from federal controls.  Now hemp, marijuana's non-stoner sibling, is legal to grow. 

And Oregon alone is now growing something like 50,000 acres of the stuff, mostly for the CBD oil it contains.  Hemp industry analysts--they DO exist--say the price is likely to crash because of overproduction. 

Kristen Nichols is the editor of Hemp Industry Daily.  Chase Nobles is co-founder and co-CEO of Kush.com.They give us a sketch of the business and its likely trends in the near future.
 

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The Jefferson Exchange is Jefferson Public Radio's daily talk show focused on news and interests across our region of Southern Oregon and Northern California. John Baxter is the senior producer, Angela Decker is the producer and Geoffrey Riley hosts the show.