MJBizDaily: CBD Prices are Stabilizing after Years of Decline - but is it Progress?
Brightfield Group, a cannabis analytics firm, noted that CBD prices that had been reduced by 40% - 50% in 2019 and 2020 are beginning to stabilize in the second quarter of 2022.
Sunsoil's General Manager believes the stabilizing prices means CBD companies have cut costs as much as they can, and cutting even deeper would put some publicly traded CBD brands even more in the red.