The enterprise budget is a starting point for understanding how a sustainable hemp supply chain should look by reviewing the costs and returns to produce hemp for CBD oil in the 2020 crop year. This report assists hemp farmers and manufacturers in moving towards increased profits and financial progression in the hemp industry.
The Oregon State University (OSU) Department of Applied Economics in the College of Agricultural Sciences co-authored this guide with Jacob Crabtree, the CEO of Columbia Hemp Trading Company. Following this guide, OSU plans on creating an overview budget for the hemp extraction process.
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