THE FIELD OF DREAMS – An Economic Survey of the United States Hemp Cultivation Industry

This report examines the Unites States hemp cultivation industry post signing of the 2018 Farm Bill. It is based on a survey of licensed hemp cultivators and processors from across the U.S. and examines topics related to operations, investment, labor, wages, capacity, pricing as well as policy. It is meant to serve as a baseline for others to build upon …

GDP UPDATE

The recent estimate of 0.8% GDP growth was slightly ahead of what I was initially forecasting at 0.5%. A few notable items on this.. Typically Q1 has been one of the weakest quarters of the year. There is much optimism heading into Q4 that “This will be the year” only to have an inventory overhang to digest in Q1. Many …

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HERBONOMICS OF OREGON

Here is a presentation I recently gave at the Cannabis Collaborative Conference in Portland, Oregon on Thursday February 4, 2016. “Beau Whitney, one of the nation’s leading Cannabis economists will provide an update on the economics of the Cannabis Industry. Beau will present an update on the regulatory environment in Oregon, an update on the Oregon retail market and an …

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OREGON RETAIL WHITEPAPER COMING SOON

Just finishing up a white paper on the Oregon Cannabis retail market. Really good data. Also, keep an eye out in February for a Washington State white paper sizing the retail space for Washington.

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PRICES ARE INCREASING. GREAT NEWS. PREPARE YOURSELF THOUGH…

The recent CPI data indicated that prices are rising on an annualized basis of 2.2%, higher than the 1.8% recently forecasted. This actually is good news. With the increase in prices comes eventual wage inflation. This is good for those with work. Also, with increased anticipated aggregate prices, companies will also anticipate an increase in demand. With higher wages more …