Episode 168: A Look at the Hemp Market

At the beginning of August, PanXchange launched its industrial hemp exchange. Julie Lerner, founder and CEO of PanXchange, describes the thinking behind the venue and delves into the hemp market, looking at the challenges and opportunities that exist. 1:00 Julie talks about PanXchange and the market it serves. 3:00 She then explains why the 2018 Farm Bill was so important for the hemp industry and what this could mean going forward. 7:00 Then she provides projections for how this market is anticipated to grow. 8:30 What are the challenges when it comes to farming this commodity? 11:00 What are the challenges for trading this largely OTC commodity? 13:00 As the hemp market grows, alternative data providers will (hopefully) enter the market. 15:30 Blockchain has been thrown around as prime for the hemp market, but Julie does not agree. 19:30 What are the challenges that hemp farmers face? 22:00 Julie explains some of the lessons she’s learned after starting PanXchange.