After growing the crop for five months, farmers don’t want to worry about selling the end product. That’s why we buy the whole crop for an agreed price. In 2019, the value of CBG biomass was around 15.00 euros, per % CBG | per Kilogram and $20.00 per % CBG | per pound in the United States. The price for CBG continues to command a far higher price than CBD.
There are predictions for the continued decline in CBD prices in future years. This is due to the 2018 farm bill, which allows more US states to cultivate hemp, plus the effects of ‘Hot’ hemp regulations causing more risks for farmers. In addition, farming trends are showing that hemp grown for CBD production, will outweigh the consumption.