The legalization of hemp as a result of the passage of the 2018 Farm Bill has turned the product into a good old commodity. A new report from Bank of America Merrill Lynch estimated the potential average annual spend on CBD in the U.S. at $1.9 billion today, but growing to $11.5 billion by 2032. New Leaf Data Services has announced that its Hemp Benchmarks is now collecting, assessing and reporting on the wholesale price of biomass, dry flower, clones, seeds, crude hemp oil, refined hemp oil and CBD isolate.