Cheaper to produce than THC from heavily taxed and regulated marijuana plants, THC made chemically from little-regulated hemp vexes farmers, regulators.
Over the past few years, Jonny Griffis has invested millions of dollars in his legal marijuana farm in northern Michigan, which produces extracts to be used in things like gummy bears and vape oils.
Hemp is defined in federal law by its low delta-9 THC content and is traditionally used for food, clothing and industrial applications."Rope not dope" was long a motto for those who advocated the legalization of hemp. At least 17 states have banned such products, but they remain available in many, including the pioneering legal marijuana state of Washington, where gas station and vape-shop sales of THC created from hemp offer competition to the heavily taxed, regulated and tested marijuana market.
Further, processors can make a more consistent product using chemistry to make THC from CBD, they say, and regulators shouldn't stand in the way of market innovations or pick winners and losers in the industry. They liken it to the synthetically created vanilla or caffeine added to food and drinks. Griffis said he's seen the price of delta-9 distillate drop from $50,000 a liter to $6,000 — and falling — as THC made from hemp floods the market.
Oregon's Liquor and Cannabis Commission gave marijuana licensees a six-month grace period to sell off intoxicating THC-from-hemp products they had already acquired before a ban takes effect in July. For David Postman, the board's chairman, THC made from hemp represents an industrialization of the cannabis industry that he isn't sure voters wanted when they passed Washington's legal marijuana law, which was billed as a harm-reduction measure.
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High from hemp: States across US wrestle with chemically made THCCheaper to produce than THC from heavily taxed and regulated marijuana plants, THC made chemically from little-regulated hemp vexes farmers, regulators.
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High From Hemp: States Wrestle With Chemically Made THCMarijuana regulators around the country face a vexing question: What place does chemically derived THC have in regulated adult-use or medical markets?
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High from hemp: States wrestle with chemically made THCMarijuana regulators around the country face a vexing question: What place does chemically derived THC have in regulated adult-use or medical markets
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Cannabis Farmers Not High On Chemically Made THC“Allowing synthetically derived THC in the state’s legal cannabis market could devastate the industry.” David Postman, chairman of Washington’s Liquor and Cannabis board, warned.
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High from hemp: States across US wrestle with chemically made THCCheaper to produce than THC from heavily taxed and regulated marijuana plants, THC made chemically from little-regulated hemp vexes farmers, regulators.
Leer más »
High from hemp: States wrestle with chemically made THCMarijuana regulators around the country face a vexing question: What place does chemically derived THC have in regulated adult-use or medical markets
Leer más »