IMO, you are only accounting for supply & not the increasing demand particuluarly in the USA post Trump declassifying Hemp in Dec 2018
You sound a reasonable bloke and no douby you would admit that the fundamental marketing paradigm is valid:
supply-demand-price.
There has been increasing media reports of CBD useage and since Dec 2018 many celebs have come out and endorsed CBD
For example:
https://www.binoidcbd.com/blogs/news/famous-celebrities-who-use-or-endorse-cbd-oil
Olivia Newton-John is currently in Aus lauding the benefits of CBD & Cannabus generally.
So , in summary, this is a dynamic market where both supply & demand is growing and the USA now leads the supply side of what is fast becomming a global market.
Up to now China has been a significant supplier of the US market but thanks to Trump, Chinese CBD products are now 25% more expensive.
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