#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.

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.

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.

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
local level.

Show Notes:
Washington state bars marijuana processors from converting hemp CBD into delta-9 THC
https://mjbizdaily.com/washington-state-processors-cant-convert-cbd-into-delta-9-thc-regulators-say/
Delta-8: The Good, The Bad, and the Insights (+ How Consumers are Reacting
https://blog.brightfieldgroup.com/delta-8-thc
What’s the Fate of Delta-8?
https://global-uploads.webflow.com/596691afde3c5856d866ae50/60ccb681f666fc369e9cacb6_Q221_US CBD_Delta-8_Report_FINAL.pdf
As states limit delta-8 THC, industry operators plan next steps
https://mjbizdaily.com/as-states-limit-delta-8-thc-industry-operators-plan-next-steps/

Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/

The Talking Hedge:
Your Cannabis Business Podcast.
​Covering cannabis products, reviews, business news, interviews, investments, events, and more.
https://www.theTalkingHedgepodcast.com

Music Info:
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats

Keywords:
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Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers.