If you had told Julie Lerner eight years ago that the commodity trading platform PanXchange, which she was building with sugar in mind, would grow to support the trading of frac sand, East African grains and hemp, she would have said you are nuts.
Hemp was the most recent addition to the platform after the full legalization of the crop last year with the passage of the Farm Bill. In this video, Lerner, CEO of PanXchange, talks about launching the first benchmark pricing for hemp and the state of the nascent world that is physical hemp trading. It’s a different beast from the traditional commodity landscape.
Produced by Mike Forrester