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  1. 22,935 Posts.
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    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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