What’s the Fate of Delta-8?

<p>#Delta8 found its place in smoke or vape shops and convenience stores with many positioning it as a mildly psychoactive product for people without access to legal cannabis.</p> <p>As of June 2021, twelve states have completely banned delta-8 THC, including Washington state who's regulators said marijuana processors cannot convert hemp-derived CBD into delta-9 THC in the legal cannabis market, a move that is likely to be welcomed by MJ cultivators who feared the practice involving federally legal hemp would undermine their own businesses.</p> <p>The process combines CBD with a solvent, acid, and heat to cause the reaction that turns CBD into THC. And because the FDA has not yet provided any regulations, there is a lack of standardization in lab testing across the board.</p> <p>With state limits on hemp-derived delta-8 THC beginning to impact sales for product manufacturers and retailers, businesses are considering how they will make up the gap. Until federal agencies come to a final ruling and standardize regulations, laws will continue to change on a state and<br /> local level.</p> <p>Show Notes:<br /> Washington state bars marijuana processors from converting hemp CBD into delta-9 THC<br /> https://mjbizdaily.com/washington-state-processors-cant-convert-cbd-into-delta-9-thc-regulators-say/<br /> Delta-8: The Good, The Bad, and the Insights (+ How Consumers are Reacting<br /> https://blog.brightfieldgroup.com/delta-8-thc<br /> What’s the Fate of Delta-8?<br /> https://global-uploads.webflow.com/596691afde3c5856d866ae50/60ccb681f666fc369e9cacb6_Q221_US CBD_Delta-8_Report_FINAL.pdf<br /> As states limit delta-8 THC, industry operators plan next steps<br /> https://mjbizdaily.com/as-states-limit-delta-8-thc-industry-operators-plan-next-steps/</p> <p>Host:<br /> Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.<br /> https://www.linkedin.com/in/joshkincaid/</p> <p>The Talking Hedge:<br /> Your Cannabis Business Podcast.<br /> ​Covering cannabis products, reviews, business news, inte