At Hemp Benchmarks®, our mission is to bring transparency and efficiency to hemp cultivators, processors, purchasers, investors, traders, and other hemp market participants. As an independent Price Reporting Agency (PRA) we take an unbiased approach to collecting wholesale market data and providing the industry with standardized benchmark price assessments.
We do not have physical or financial exposure to the commodities that we assess, and therefore do not profit from liquidity, volumes or price movement, avoiding the potential for any perception of conflicts of interest that could arise for marketplaces and exchanges.
Becoming a member of our Price Contributor Network (PCN) is free, simple, and important for promoting a fair and balanced hemp marketplace.
As a PCN member, you provide validated wholesale transaction data to our Price Assessment team. We keep all PCN member information confidential, and all transaction data is made anonymous so that your transaction information is not identifiable in our reporting.