Presentation on Wyoming discussing the U.S. domestic hemp industry and the market forces impacting Wyoming's nascent market. Speaker line-up include Governor Mark Gordon, Rick Trojan and Sean Octavius Murphy

1. WY Ag Diversification
Summit: Focus HEMP
Sean Octavius Murphy
Founder, Hemp Business Journal

2. Global Hemp Sales 2016-2020e

3. U.S. Hemp Based Product Sales

5. U.S. Hemp-Based Product
Sales By Category 2018

6. Total U.S. CBD Market

7. U.S. Hemp-Based Product
Sales By Category 2022

9. Let’s Talk Wyoming

11. Per Acre: By the Numbers
• Chickpeas: $69-$121/acre
• Alfalfa: $372/acre
• Hemp Grain/Seed: $225-$300
• Hemp Fiber: $400-$480
• Hemp CBD: $1000-$2500/acre

12. HBJ 2017 and 2018 Predictions… Nailed It.
• M&A Activity – Canadian LPs
• Manitoba Harvest Enters CBD
• Mass Market Channel Opens in 2019
• Mass Market Channel Enters w/ Topicals
• Oligopoly vs. Monopolistic

13. Canopy Growth: Sign of the M&A Times
$4 billion | now 38%
$200 million | 9.9%
Warrants | up to 50%
$330 million | 100%
“We are in the cannabinoid business,
not the cannabis business.”
Jon Cooper, CEO, ebbu
10/17
8/18
Next 3 Years
10/18
Green Hemp
Industries Ltd.1/18 $630K in stock | 100%

14. Hemp Deal of 2019

17. • Monopoly Market
• Oligopoly – dominant players, high cost structures, fixed prices
and output, may collude or compete, high barriers to entry
• Monopolistic Competition – many players, lower cost
structures, differentiation, competition but not perfect substitutes
• Perfect Competition
Economic Structures – Which will Prevail?

18. “In Portland, You Can Drink
CBD-Infused Beverages
From Morning Till Night. So
We Did.” Matthew Singer
Sita Fidler

20. Eco
Extracts
Third Party / Toll / White Label Processors

21. Vertically Integrating Companies

23. • FDA Mission Statement – Responsible for protecting
the public health by ensuring the safety of our nation’s
food supply
• What Does the FDA care about?
• Safety and Integrity
• Informed Buying

24. Purchase Today! NewFrontierData.com
$299