HOUSE_OVERSIGHT_024832.jpg

891 KB

Extraction Summary

1
People
4
Organizations
24
Locations
0
Events
1
Relationships
3
Quotes

Document Information

Type: Market research report / financial analysis
File Size: 891 KB
Summary

This document is page 16 of a 'Cowen Collaborative Insights' market research report dated February 25, 2019. It analyzes U.S. hemp production, providing a statistical table of planted acres by state for 2017 and 2018, showing a significant increase in total acreage. The text discusses economic challenges for the hemp CBD market, including supply saturation and seed costs. While marked with a 'HOUSE_OVERSIGHT' Bates number, this specific page contains no direct mention of Jeffrey Epstein, his associates, or victims; it appears to be part of a larger financial document production.

People (1)

Name Role Context
Michael Cella Recipient/Employee
Email address michael.cella@cowen.com appears in the watermark stating the report is intended for him.

Organizations (4)

Name Type Context
Cowen and Company
Financial services firm producing the report.
votehemp.com
Cited as a source for the hemp acreage data.
State Departments of Agriculture
Cited as a source for the hemp acreage data.
House Oversight Committee
Implied by the document control number 'HOUSE_OVERSIGHT_024832'.

Locations (24)

Location Context
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
State listed in hemp acreage table
Country context for the data provided

Relationships (1)

Michael Cella Employment/Affiliation Cowen
Watermark: 'intended for michael.cella@cowen.com'

Key Quotes (3)

"We see several issues that we expect will moderate growth of hemp CBD in years to come."
Source
HOUSE_OVERSIGHT_024832.jpg
Quote #1
"As a commodity, we see economics diminishing as CBD supply rises with increased acres along with higher costs for seed from increased seed demand."
Source
HOUSE_OVERSIGHT_024832.jpg
Quote #2
"Unauthorized redistribution of this report is prohibited."
Source
HOUSE_OVERSIGHT_024832.jpg
Quote #3

Full Extracted Text

Complete text extracted from the document (1,317 characters)

COWEN
COLLABORATIVE INSIGHTS
February 25, 2019
Figure 8 – U.S. Planted Hemp Acres – 2017 and 2018
State 2017 2018
Montana 542 22,000
Colorado 9,700 21,578
Oregon 3,469 7,808
Kentucky 3,271 6,700
Tennessee 200 3,335
North Carolina 965 3,184
North Dakota 3,020 2,778
New York 2,000 2,240
Nevada 417 1,881
Wisconsin 0 1,850
Vermont 575 1,820
Minnesota 1,205 710
Pennsylvania 36 580
Maine 30 550
Oklahoma 0 445
South Carolina 0 256
West Virginia 14 155
Washington 175 142
Virginia 87 135
Massachusetts 0 21
Indiana 5 5
Hawaii 1 2
Nebraska 1 1
Total 25,713 78,176*
* Includes 232 acres of greenhouse or indoor cultivation
Source: votehemp.com, State Departments of Agriculture, Cowen and Company
Challenges For Growth
We see several issues that we expect will moderate growth of hemp CBD in years to
come. As a commodity, we see economics diminishing as CBD supply rises with
increased acres along with higher costs for seed from increased seed demand. We also
see a lack of best practices for cultivation, storage restrictions and uncertainty about
the consistency of seeds/clones available increasing the probability that yields are
compromised.
16 COWEN.COM HOUSE_OVERSIGHT_024832
[Right Sidebar Text]: This report is intended for michael.cella@cowen.com. Unauthorized redistribution of this report is prohibited.

Discussion 0

Sign in to join the discussion

No comments yet

Be the first to share your thoughts on this epstein document