Colorado is the leading producer of hemp in the United States. One of the reasons is because the state was at the forefront with regulations that encouraged hemp production. As a result, the CBD wholesale Colorado markets flourished. As CBD products became mainstream, Colorado was prepared to meet the demand. Colorado is known for producing the highest-quality CBD, and there are several reasons this is the case.
Pro-Hemp Production Regulatory Environment Spurred CBD Wholesale Colorado Markets
While some states offer hemp production approvals during limited application periods, Colorado issues licenses year-round. In addition, Colorado places no limit on the number of acres for production. Over 40,000 acres of hemp were planted in Colorado last year, nearly doubling the number of planted acres in two years.
Another important factor is that Colorado allows hemp growers to process their CBD products. Other states require a separate license for hemp processing. Growing and processing CBD is a beneficial business model. Aspen Green is one company that grows and processes its own CBD. When growers also set the quality standards for processing, the consumer benefits from a superior product.
Colorado’s Experienced Hemp Workforce and Businesses
When Colorado legalized marijuana consumption for adults in 2014, the number of workers in the hemp industry increased as a result. As CBD products became more popular, Colorado was well-positioned with a workforce knowledgeable on hemp production. The CBD wholesale Colorado market was primed for growth for both full-spectrum CBD and CBD isolate, differences in the end product that we have written about in the past. Hemp businesses in Colorado have been perfecting the cultivation, processing, and market delivery processes for years.
Companies like Aspen Green became involved in the complete process of hemp production. From seed to soil to harvest, extraction, formulations, and packaging, they developed a variety of best practices. Aspen Green became purity experts for extracting, filtering, and processing hemp to meet stringent standards.
Colorado and the Science of Hemp Production
As the professional hemp production market took off in Colorado, some companies focused on the science of hemp production. These cutting-edge companies placed the highest priority on using science to create the purest full-spectrum hemp products possible.
It’s a mission for organizations that respect the medicinal value of CBD and value how it enhances the lives of countless people. As people seek relief from ailments and discomfort with CBD, it’s vital that producers prioritize the product’s purity. It’s important that these products are free of toxins. One of the ways growers produce pure products is by self-imposed strict and clean farming conditions. This can also be accomplished by carefully managing the extraction, filtering, and processing of hemp for CBD products.
Colorado hemp producers were leaders in implementing third-party lab testing. While it’s not a regulatory requirement, some companies added this testing as a way to make sure their products met self-imposed quality standards.
As a result of their efforts in producing a pure product, Aspen Green is one of a few companies producing hemp certified organic by the USDA.
Colorado Climate and Geography for Hemp Production
Colorado’s dry climate is ideal for hemp cultivation. Other states with humid climates create a hospitable environment for mold and some strains of bacteria. The topography of Colorado is perfect for producing the best quality phytonutrient-rich hemp and cannabis available.
The Future for CBD Wholesale Colorado Markets
The Farm Bill of 2018 legalized industrial hemp and brought a rush of new players into the hemp marketplace. While other states are making strides, Colorado was so far in front of hemp farming that the state remains the solid leader. Competition is healthy to some degree, but not when it floods the market with inferior products. Some hemp companies rushed to import from other countries, which defeats the purpose of the 2018 farm bill. The United States has no control over the quality standards of other countries providing hemp products or seeds.
However, the future is still positive for Colorado wholesale hemp producers. Hopefully, as the number of producers increases, federal regulations won’t follow suit. Quality hemp producers aren’t concerned about meeting federal regulations, but rather how those regulations would impact the market.
The CBD market overall is thriving. Although hemp production spikes in 2019 created a surplus that drove prices down, the future outlook is positive. The CBD market may have reset itself in 2020, as there was a decrease in hemp licenses for the first time since 2014.
Even as other states come into the hemp-producing fold, Colorado maintains its leadership as the top hemp-growing state. This is a fact that won’t change anytime soon as Colorado producers report increasing demand for their product. As more research shows the benefits of CBD products, the market continues to expand. In addition, the growing number of states legalizing marijuana is increasing at a faster pace than farmers can get seeds into the ground.
Fortunately, the Rocky Mountain state can meet the growing demand for cannabis products. Colorado will continue to be a primary wholesale supply state for the CBD market. For more information on how a Colorado producer manages their quality standards, visit Aspen Green’s website.
