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Canopy Growth and Acreage Holdings Amend the Terms of Their Merger

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Canopy Growth and Acreage Holdings have amended the terms of their merger deal, which has significantly dropped in value, according to The Motley Fool.

Canopy Growth announced in April 2019 that it had bought the rights to acquire Acreage Holdings, and under the original terms, the $3.4-billion purchase price began with a $300-million cash payment to secure the acquisition, which was contingent upon the potential U.S. federal legalization of cannabis.

Under the new agreement, the acquisition is still contingent upon federal legalization, but now Canopy will provide an up-front payment of $37.5 million to Acreage, The Motley Fool reported, and the total value of the deal has fallen to roughly $843 million.

In addition, Acreage CEO Kevin Murphy has announced his resignation, according to Green Market Report, although he will continue to serve as chairman of the company’s board of directors, as well as contribute to the strategic direction of the company.

Director Bill Van Faasen, the former chairman, CEO and president of The Blue Cross Blue Shield of Massachusetts, has been appointed interim CEO, according to Green Market Report.

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Cannabis Plays Could be an Opportunity as Growth Stocks Implode

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The march toward legalization in the US pushes forward unabated, but cannabis stocks continue to consolidate and correct, which may ultimately offer a new and interesting opportunity for growth investors and speculators.

Over recent days, we have learned that Alabama lawmakers voted to legalize medical marijuana. That was accompanied by news that a new bill to approve the use of medical marijuana is making its way through the Kansas legislature. The bill passed through the House and is on its way to the state Senate.

Imagine hearing 5 years ago that Kansas and Alabama were on the verge of legalizing. They represent two of the reddest, least historically favorable states for the cannabis movement. If they flip toward legalization, the door may be open to the rest of the US and an eventual national legalization step.

That represents an enormous potential growth leap in the total market size for cannabis products ahead. And yet, stocks in the space continue to track sideways or slightly lower.

One factor in this process is likely the continued rotation, from a top-down perspective, of capital out of growth stocks and into the value/cyclical side of the market. That rotation is likely creating a number of opportunities, with pot stocks moving to the top of that list as the curve for domestic legalization in the world’s largest market accelerates.

This has strong implications for stocks in the space, including Aurora Cannabis Inc (NYSE: ACB), Canopy Growth Corp (NASDAQ: CGC), OrganiGram Holdings Inc (NASDAQ: OGI), Tilray (TSE: TLRY), GrowGeneration (NASDAQ: GRWG), MedX Holdings Inc (OTC US: MEDH), and Sundial Growers (NASDAQ: SNDL).

Sundial Growers Inc (NASDAQ: SNDL) is a licensed producer that crafts cannabis using state-of-the-art indoor facilities. The stock was a momentum favorite earlier this year, but it has declined sharply and now has some important support levels in play.

Sundial’s brand portfolio includes Top Leaf, Sundial Cannabis, Palmetto and Grasslands. Our consumer-packaged goods experience enables us to not just grow quality cannabis, but also to create exceptional consumer and customer experiences.

SNDL most recently announced, along with Inner Spirit Holdings Ltd (OTCQB: INSHF) that the two companies have entered into an arrangement agreement pursuant to which Sundial will acquire all of the issued and outstanding common shares of Inner Spirit for total consideration of approximately $131 million. According to the release, the combined company will continue to focus on providing quality cannabis to consumers through a responsible and disciplined approach while creating enduring value for shareholders.

“Sundial becomes a stronger and more diverse cannabis company by acquiring Inner Spirit and the Spiritleaf retail store network,” said Zach George, Chief Executive Officer of Sundial. “Inner Spirit has successfully created a franchise-based retail network that has grown from coast to coast and offers a differentiated and premium in-store experience to consumers. Our shared Albertan roots and commitment to data-driven consumer insights make for an ideal partnership. Sundial’s capital base will enable us to support continued expansion and deepen the capabilities of the Spiritleaf retail brand.”

Even in light of this news, SNDL has had a rough past week of trading action, with shares sinking something like -12% in that time. That said, chart support is nearby, and we may be in the process of constructing a nice setup for some movement back the other way. Over the past month, shares of the stock have suffered from clear selling pressure, dropping by roughly -21%.

Sundial Growers generated sales of $10.6M, according to information released in the company’s most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 10.1% on the top line. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($51.6M against $19M).

MedX Holdings Inc (OTCMKTS: MEDH) recently put out a new corporate update last week that could be instructive as to the company’s potential as a disruptive new player in the space. Broadly speaking, the update focuses on the company’s outlook for coming quarters, noting that, while its limited operations in 2020 were focused on management changes, 2021 will be about executing on business plans, including acquiring additional subsidiaries and effecting a name and symbol change.

The company is a new entrant into the US cannabis space that hasn’t yet been discovered by the crowd but appears to be a legitimate player.

MEDH CEO, Hans Enriquez, has reportedly embarked on several meaningful endeavors on behalf of the company. In December, for example, Hans participated as a speaker in the CBD Expo South, discussing merchant solutions in the CBD industry.

In late January, Mr. Enriquez also participated in a webinar hosted by international law firm, Harris Bricken, where Mexico’s entrance into the legal cannabis industry was discussed. In short, the company believes Mexico can present an array of opportunities as they seek international investment. The Company is purportedly exploring these opportunities in depth. The company is also now performing extensive research into the emerging psychedelic medicine market. The use of psylocibin as a treatment for depression and PTSD is gaining notoriety and the Company believes it could be a significant growth industry.

Stated CEO, Hans Enriquez: “I’m pleased with our progress during 2020 and in the first quarter of 2021. As my first-year anniversary approaches as MedX CEO, I’m pleased with what has been accomplished so far and I believe we’re on track to make this a big year for the Company, its subsidiaries and our shareholders.”

MedX Holdings Inc (OTCMKTS: MEDH) could, in other words, be a crossover play that represents exposure to the cannabis and psylocibin markets together, both being potentially extreme high-growth opportunities. Enriquez recently sat down with SmallCapVoice.com and details the company achievements in the first quarter of 2021 and the goals for the remainder of 2021. The interview focuses on the work being done by the Company on its hemp farm, the outlook for hemp in Texas and the entire US, other news and moves by MedX.

GrowGeneration Corp (NASDAQ: GRWG) trumpets itself as a company that owns and operates retail hydroponic and organic gardening stores in the United States.

The company has been growing rapidly through a series of key strategic moves and now carries and sells thousands of products, including organic nutrients and soils, advanced lighting technology and state of the art hydroponic equipment to be used indoors and outdoors by commercial and home growers.

GRWG recently announced a new partnership with Belushi’s Farm to outfit its newest greenhouse. Based in Oregon, Belushi’s Farm was founded in 2015 by performer Jim Belushi to cultivate premium medical and recreational cannabis, producing signature brands such as Belushi’s Secret Stash, The Blues Brothers, and Captain Jack’s (also known as “The Smell of SNL”).

“We’ve spent several weeks on the ground in Oregon working with Jim and his exceptional team at Belushi’s Farm working on plans and visiting our retail locations for top-grade supplies,” said Jeremy Corrao, Vice President of Commercial Operations at GrowGeneration. “Our team of grow professionals are experts in cannabis-growing techniques, and we’re excited to support Jim’s vision with GrowGeneration’s unparalleled supplies and services.”

The stock has suffered a bit of late, with shares of GRWG taking a hit in recent action, down about -5% over the past week.

GrowGeneration generated sales of $61.9M, according to information released in the company’s most recent quarterly financial report. That adds up to a sequential quarter-over-quarter growth rate of 12.6% on the top line. In addition, the company has a strong balance sheet, with cash levels far exceeding current liabilities ($177.9M against $27.3M).

DISCLAIMER:  EDM Media LLC (EDM), is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels.  EDM is NOT affiliated in any manner with any company mentioned herein.  EDM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security.  EDM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities.  The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material.  All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks.  All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release.  EDM is not liable for any investment decisions by its readers or subscribers.  Investors are cautioned that they may lose all or a portion of their investment when investing in stocks.  For current services performed EDM has been compensated forty thousand dollars for news coverage of the current press releases issued by MedX Holdings Inc (OTCMKTS: MEDH) by a third party.

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This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and EDM undertakes no obligation to update such statements.

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Cannabinoid Acids – What are they and what are the health benefits of using them?

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Simply explained, cannabinoid acids are precursors to the cannabinoids we all know and love, like THC and CBD. They are found on the stems, leaves and flowers of certain strains of raw cannabis before any type of heat application or processing takes place.

In fresh buds, most cannabinoids are present in the form of plant acids. Heat will break down these acids, causing them to lose their carboxyl group and become regular cannabinoids (for example: THCA to THC, or CBDA to CBD). This process is aptly known as decarboxylation, but we’ll get more in depth on that later. Until now, the focal point of most cannabis research has been centered around activated cannabinoids, rather than the raw acidic forms. As the industry continues to grow and develop, more emphasis is placed on the importance of minor cannabinoids, cannabinoid acids, terpenes, and other lesser-known cannabis compounds.

Are you a cannabis aficionado who would like to learn more this incredible plant, as well as gain access to exclusive deals on flowers and other products? If so, make sure to subscribe to The CBD Flowers Weekly Newsletter for the best of the best that this industry has to offer, or to the Delta 8 Weekly Newsletter for the the best deals on Delta 8 THC.


What are cannabinoid acids?

Cannabis doesn’t create cannabinoids in the way we are familiar with them. Instead, it synthesizes several different cannabinoid acids; eight that we know of, to be specific. In order to become cannabinoids, these acids must be activated – or decarboxylated – using heat, light, and oxygen exposure. Above we briefly mentioned THCA and CBDA, but let’s quickly go over all of the known cannabinoid acids:

  • CBGA (Cannabigerolic acid, becomes cannabigerol)
  • THCA (Δ9-tetrahydrocannabinolic acid, becomes tetrahydrocannabinol)
  • CBDA (Cannabidiolic acid, becomes cannabidiol)
  • CBCA (Cannabichromenenic acid, becomes cannabichromene)
  • CBGVA (Cannabigerovarinic acid, becomes cannabigerovarin)
  • THCVA (Tetrahydrocanabivarinic acid, becomes tetrahydrocannabivarin)
  • CBDVA (Cannabidivarinic acid, becomes cannabidivarin)
  • CBCVA (Cannabichromevarinic acid, becomes cannabichromevarin)

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CBGA, THCA, CBDA, and CBCA are the most abundant cannabinoid acids. All of the plant’s compounds start as CBGA and various enzymes eventually convert it into the other three. In addition to these major acids, there are another four corresponding “V” compounds with slightly shorter chemical structures, and they are: CBGVA, THCVA, CBDVA, and CBCVA.

Cannabinoid acids do not have any psychoactive effects, however, they do have numerous medical benefits. In the few studies that have emerged, cannabinoid acids were found to have antibacterial, antifungal, and insecticidal properties. In nature, their function is to defend the plant, so it makes sense that they work similarly in humans.

More on decarboxylation

Decarboxylation, also referred to as “decarbing” for short, is the process of using heat (and sometimes light and oxygen exposure) to convert cannabinoids from their natural acidic state to their ‘activated’ form. By heating raw cannabinoids, a chemical reaction takes place that removes the carboxyl acid group and releases CO2.

There is no agreed best temperature at which to decarb cannabis flower, although there are some useful guidelines to consider. We know that most of the plant compounds begin to boil somewhere between 320 and 356 degrees Fahrenheit, so make sure you don’t go this hot. It’s also known that many terpenes – which are naturally occurring aromatic oils that give plants their smell and offer their own unique health benefits – start to boil when you reach the 300 degree F mark.

Therefore, you should probably keep you decarbing temperatures to between 200 and 350 degrees Fahrenheit. But note that the lower the temperature used, the more time your flower will need to decarb; and vice versa. It also varies based on the cannabinoid as well, when it comes to debarbing CBD rather than THC, it’s necessary to heat the material for longer. About twice as long, by most estimates, and some would argue that higher temperatures are better as well.

How to utilize raw cannabinoids are what are the benefits?

To reiterate, cannabinoid acids are only found in raw cannabis material that’s fresh (not dried or cured) and hasn’t been exposed to any kind of heat. Although they are less frequently discussed compounds for the time being, you can find some tinctures and oils that incorporate extracted cannabinoid acids, mainly THCA and CBDA.

Aside from that, the most efficient way to harness these cannabis acids is through your diet. You can use the raw, uncured buds and leaves to make juice, smoothies, salads, dressings, and cold sauces. However you would eat any other leafy green vegetable such spinach, kale, or swiss chards, the same can be done with your cannabis plant matter.

They can also be finely chopped and used as an herb just like parsley, oregano, dill, or basil. This would not only add a rich flavor profile to your dish, but it would certainly improve the nutritional content as well. Store it in the crisper drawer with your other salads and veggies. Luckily for us, we live in a time where cannabis use doesn’t have to be done behind closed doors, so you can find many delicious recipes using raw flower online.

What are the medical benefits?

Cannabis acids act quite differently in the body than standard cannabinoids. Instead of interacting with the cannabinoid receptors (CB1 and CB2), cannabinoid acids inhibit the cyclooxygenase-2 (COX-2) enzyme, which is associated with the inflammation response. In this way, cannabinoid acids can offer anti-inflammatory effects similar to that of commonly prescribed NSAIDs (non-steroidal anti-inflammatory drugs). 

Looking at CBDA specifically, one 2013 study found that it was a thousand times more powerful than CBD at binding to the 5-HT₃ serotonin receptor, which is linked to nausea and anxiety. It can be used effectively to treat numerous mental health conditions such as depression and post traumatic stress disorder, as well as different digestive illnesses.

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When it comes to THCA, research is still in its infancy, but there is some preliminary data and quite a bit of anecdotal evidence indicating that it may have a critical part in the future of medical cannabis. Some of these early studies suggest this cannabinoid acid could possibly be helpful in treating Inflammation, Neurodegenerative conditions, Nausea and loss of appetite, and Prostate cancer.

Self-reported use of THCA describes success in treating insomniamuscle spasms, and pain. This is only anecdotal evidence though and more studies will have to be conducted before we can substantiate any of these claims.

Final thoughts

Although research is lacking, we do have some evidence that cannabinoid acids can play a pivotal role in treating different medical conditions. Since they have no intoxicating properties, and with the growing interest in natural diets and healthcare options, this brings an entirely new focus on the benefits of consuming raw cannabis or using products that utilize cannabinoid acids.

Thank you for stopping by CBD TESTERS, your hub for all the most up-to-date cannabis information. Don’t forget to subscribe to The CBD Flowers Weekly Newsletter for more articles like this one and access to exclusive deals on flowers and other products.

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Source: https://cbdtesters.co/2021/05/11/cannabinoid-acids-what-are-they-and-what-are-the-health-benefits-of-using-them/

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Who in the World Is Smoking Delta-8 THC?

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One of the biggest new THC trends in the US, isn’t necessarily a global fad just yet, but that doesn’t mean it’s not on its way there. The US has been the starter for many cannabis-smoking trends over the years, and this happens to be the newest one. So, let’s take a look at who in the world is smoking delta-8 THC.

Delta-8 THC is becoming a very big deal in America, but who in the world is smoking delta-8 THC outside of the States? Well, a lot of people, but it’s still just spreading. And it’s definitely a trend worth checking out now. We can help you do that with some of the best delta-8 THC deals anywhere in the world!

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What is delta-8 THC?

The main question, is what is this delta-8 THC, and why is it anything to get excited about anyway? Delta-8 THC is a naturally occurring derivative of delta-9 THC, the standard THC associated with cannabis. Delta-9 THC doesn’t occur in large amounts in fresh flowers – a common misconception about cannabis. Instead, it’s precursor THCA, a non-psychoactive compound, is actually what is found in live plants. THCA decarboxylates into THC on its own by way of time and sunlight, but the process can be substantially speeded up by applying heat. In the process of decarboxylation, a C02 molecule is removed, creating the psychoactive delta-9.

Of course, we’re not talking about delta-9, we’re talking about delta-8 THC. When delta-9 THC comes into contact with oxygen, very small amounts of it oxidize to form delta-8 THC, making delta-8 THC a naturally occurring compound. The oxidation process involves electrons being removed, which actually ends up making delta-8 THC a far more stable compound than delta-9. This can be useful in terms of maintaining the composition of the molecule over longer periods of time.

Afghan Delta 8 Hash

Chemically, delta-8 THC and delta-9 THC are nearly identical. They both have the exact same chemical makeup of: C21H30O2, and the only actual difference is a double carbon bond, which is located in different places for the different compounds. For delta-9, it’s on the 9th carbon atom, and for delta-8, it’s on the 8th. Want to guess where it is for the synthetically made delta-10 THC? If you guessed the 10th atom on the chain, you’d be correct.

This minor difference doesn’t go unnoticed, although in many ways the compounds are more similar than different. Both delta-8 and delta-9 have been shown to help with nausea and vomiting, particularly associated with cancer and AIDS treatments, as well as appetite stimulation. Both have anti-inflammatory properties, have shown usefulness with neurodegenerative diseases and spastic disorders, and can benefit anxiety and insomnia issues.

In fact, it is here that delta-8 really shines, being associated with less anxiety and paranoia than standard delta-9, which makes it a better option for those who have issues with delta-9 anxiety. Delta-8 also supposedly produces a more clear-headed high than its counterpart, making it better for athletic activities. Another benefit for some, is that delta-8 THC comes with less psychoactive effect, which is beneficial for people looking for medical treatments, who don’t want to be out of their heads.

Is delta-8 THC illegal like delta-9?

This is a tricky question, and realistically, no matter how much its discussed and debated, there isn’t an official answer. There are a few things to consider though. And the first is that this debate wasn’t a debate at all, until the application of the 2018 US Farm Bill.

paper industries (Hearst), plastic/chemical industries (Dupont), and as always, pharmaceutical industries, which are still fighting large-scale cannabis legalization today.

The 2018 US Farm Bill essentially reinstated an industry that had not only previously existed in the States, but which had been so important to the economy, that actual grow laws had been instituted back in colonial times, and by the time cannabis was illegalized, it was found in tons of medications on pharmacy shelves. The Farm Bill didn’t actually fully reinstate these things, but it did open the door for industrial hemp to be grown again, and for hemp products to be produced.

And that’s where delta-8 comes in. Delta-8 is a product of delta-9 THC, and can be sourced from any delta-9 THC, whether its in high-THC marijuana plants (.3%+), or low-THC hemp plants (.3%-). By using the THC in hemp plants, delta-8 THC can be synthesized within a legal loophole.

Hemp is defined as “the plant Cannabis Sativa L. and any part of that plant, including the seeds thereof and all derivatives, extracts, cannabinoids, isomers, acids, salts, and salts of isomers, whether growing or not, with a delta-9 tetrahydrocannabinol concentration of not more than 0.3 percent on a dry weight basis.” As a point of clarification – which also becomes important in this debate – this is referring only to naturally occurring derivatives, as it should be noticed that synthetic cannabinoids are not covered by this definition.

Synthetic cannabinoids never made it into the definition of hemp, and therefore remain under the definition of ‘tetrahydrocannabinols’, which can be found in DEA Controlled Substance Code Number 7370. As such, all synthetic cannabinoids, regardless of where in the plant they come from, what species of cannabis plant they come from, or in what quantities they exist, remain schedule 1 controlled substances.

In terms of delta-8, it is not technically synthetic, which makes it fall under the definition of ‘hemp’. On the other hand, it is naturally-occurring in such small amounts, that it must be synthesized with human processing help, which opens the door to it being considered a synthetic, which would illegalize it. As neither the DEA Interim Final Rule, or more recent USDA final rule, make any clarification on the definition of ‘synthetic’, delta-8 THC remains in legal gray area.

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Who in the world smokes delta-8 THC?

Since it wasn’t a product to worry about before the last few years, not many countries have laws that specifically target delta-8, and many places, like the UK, also have contradictory laws that leave delta-8 in gray area, or mention it without giving any actual legality. As such, the question of who around the world smokes delta-8 THC is a strange question. A quick internet search will turn up plenty of online vendors for the product all over the world, but much like the early days of cannabis vaporizers, and edibles, the idea that something might be available, doesn’t mean it actually caught on.

Delta-8 THC is technically available in many places – at least as far as these online searches indicate. But there isn’t much evidence that the idea has taken off anywhere outside of the US. Or at least, not yet. There are questions being asked on reddit, which is always a good sign, and there are a few sparce articles from writers like myself in other locations – this too is an implication that its growing in the industry. After all, what we’re looking for, is it to be mentioned.

I got my first marijuana vaporizer back in the early 2000’s, and it was years before anyone else in the world cared about that. Just like, while it was more commonplace to deal with edibles early on in America, the idea only spread globally recently. In this way, the lack of global popularity of delta-8 THC is probably just about a lack of information about it, and the sheer fact that it hasn’t yet become the ‘next big thing’.

This doesn’t have anything to do with legalization either. Even in Canada, where cannabis is legal recreationally, delta-8 is not nearly as popular as America, and it can be seen in internet postings that there is still much confusion over what it is exactly, and where to get it. In fact, the main point of interest nearly anywhere in the world where a thread can be found on it, is about legality in that location. So in answer to the question ‘who in the world is smoking delta-8 THC’, the answer for now, is mostly Americans. With the growing mentions online in other countries indicating the buildup to a worldwide spread.

Conclusion

It can take time for some things to catch on. Especially when its legal standing is questionable, and it can’t be as easily self-made. However, the global illegal cannabis industry reminds us that regardless of illegality, things can definitely becomes popular worldwide. It will be interesting to see what happens with delta-8 in the future, if it becomes more popular, where that will be, and who in the world will be smoking delta-8 THC in a few years. For now, it’s mainly an American trend. However, America is quite the trend starter, and those trends tend to become pretty big everywhere in the world.

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Hello and welcome! Thanks for stopping by CBDtesters.co, your one-stop-shop for all cannabis-related news from everywhere in the world. Pay us a visit every day to stay in the loop on the ever-exciting world of legal marijuana, and sign up for our newsletter so you’re always in the know.

Resources

Why Cannabis Edibles Don’t Work For Some People
The Many Faces of Tetrahydrocannabinol – Different Types of THC and Their Benefits

420 stories: The History of How 4/20 Came to Be
DIY: How to Make Delta-8 THC at Home
New Vaping Bill: Effective April 26th No More Mail Order Of CBD & Delta-8 THC Vape Carts
What is DELTA 8 THC (FAQ: Great resource to learn about DELTA 8THC)

Sparing 420, Vape Ban Goes Into Full Effect 4/27
The CBD Flowers Weekly newsletter (your top resource for all things smokable hemp flowers). The Legality of Delta-10 THC – Where It Stands. Best Delta 10 THC Deals.
Florida Bill Aims to Legalize Medical Magic Mushrooms

The Delta 8 Weekly Newsletter (All you need to know about Delta 8 thc) and the Best Delta 8 THC Deals. The Marijuana Conspiracy and the Strangest Experiment in Modern History
Delta-8 THC and Athletics – Why the Two Go Together
Delta-8 THC and the UK: Is It Legal?
Delta 8 Syringes, the Best Vape Ban Workaround
Delta-8 THC Exploits Fantastic Legal Loophole
Precise Cures – How Nanotechnology Enhances Cannabis Products
Despite Shifting Views, Cannabis Stigma and Discrimination Holds Strong

DisclaimerHi, I’m a researcher and writer. I’m not a medical professional, I have no formal legal education, and I’ve never been to business school. All information in my articles is sourced from other places which are always mentioned, and all opinions stated are mine, and are made clear to be mine. I am not giving anyone advise of any kind, in any capacity. I am more than happy to discuss topics, but should someone have a further question or concern, they should seek guidance from a professional in the relevant field for more information.

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Source: https://cbdtesters.co/2021/05/10/who-in-the-world-is-smoking-delta-8-thc/

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Vermont is the newest state to ban Delta 8 THC

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According to the Vermont Agency of Agriculture, Farms, and Markets (AAFM), all hemp products containing Delta 8 THC are illegal, a change that went into effect on April 23 of this year.

The Vermont AAFM sent out an email to all registered hemp farmers to inform them of the new statute. As of now, Vermont is one of 12 states that have banned the production of Delta 8 THC products. The other states are: Alaska, Arizona, Arkansas, Colorado, Delaware, Idaho, Iowa, Mississippi, Montana, Rhode Island, and Utah.

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Vermont’s new legislation

On their website, the agency even acknowledged that hemp plants naturally produce Delta 8 THC. However, because it’s only present in trace amounts, products that are high in Delta 8 are usually made through a method known as isomerization, which synthetically converts CBD to THC.

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The Vermont Hemp Rules state that, “A processor shall not use synthetic cannabinoids in the production of any hemp product or hemp-infused product”. With this new ruling, the manufacturing, labeling, or sale of any Delta-8 product would violate Vermont state law. As with any other Schedule 1 narcotic, anyone caught producing, distributing, or possessing Delta 8 products will face criminal charges.

The ruling has the statewide Delta 8 THC industry up in arms and scrambling to figure out what they will do when such a large part of their inventory is suddenly prohibited. This update is expected to negatively impact their newly established revenues in a major way.

More about Delta 8 THC

Delta 8 THC (tetrahydrocannabinol) is a naturally occurring, minor cannabinoid found in the cannabis plant. Although it’s structurally similar to Delta 9 THC, there are some major differences between the two. For example, Delta 9 THC is the cannabis plant’s most abundant psychoactive compound, whereas Delta 8 is only found in trace amounts. As a matter of fact, Delta 8 is not even produced by the enzymes in cannabis, rather, it is created when Delta 9 THC oxidizes and slowly degrades into Delta 8. Further degradation of Delta 9 would create the cannabinoid CBN (cannabinol).  

When it comes to the chemical difference between Delta 8 and Delta 9, it all comes down to one molecule. In chemistry, “Delta” refers to the double bond in a compound’s molecular structure. Delta compounds have more electrons and will interact with the body in a different way than single bond cannabinoids. The difference between the Delta THC analogues comes down to where the double bond is located on their chain of carbon atoms. Delta 9 has this bond on the 9th carbon chain, and Delta 8 THC has the double bond on the 8th carbon chain. It seems like a small difference, but it can be significant.

Similar to its more dominant counterpart, Delta 8 THC is a partial agonist for both the CB1 and CB2 receptors, although it seems to have a stronger affinity for CB1. This means there are effects to be felt in numerous different parts of the body, despite having weaker psychotropic potency. The National Center for Biological Information (NCBI) describes delta-8 THC as follows: “An analogue of tetrahydrocannabinol (THC) with antiemetic, anxiolytic, appetite-stimulating, analgesic, and neuroprotective properties.”

Final Thoughts

Again, there are twelve states in which Delta 8 THC is currently banned, with Vermont being the newest. Delta 8 prohibition has nothing to do with cannabis legalization, as you can see, it has been banned in quite a few states where recreational cannabis is legal, so the logic in these rulings must have missed me. Either way, a ban is a ban and both companies and consumers will have to figure out what to do before it’s too late.

Hello and welcome to CBDtesters.co, your best location for the most up-to-the-minute cannabis-related news from around the world. Stop by every day so you always know what’s going on in the fast-paced world of legal cannabis, and sign up for our newsletter so you never miss a story.

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Source: https://cbdtesters.co/2021/05/09/vermont-is-the-newest-state-to-ban-delta-8-thc/

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