Should Your Business Invest in Delta-8 THC?

Cannabtimes

<![CDATA[As the popularity of Delta-8-tetrahydrocannabinol (THC) rises, questions remain about its legality, leaving some wondering if it’s a good market opportunity for their business. Contention surrounds the topic of whether it’s legal. Some industry stakeholders and observers, such as respected cannabis researcher and board-certified neurologist Dr. Ethan Russo, M.D., say the psychoactive cannabinoid—comparable in many ways to Delta-9-THC—clearly isn’t. Others frame it as a convenient legal loophole or classify it as legal under the terms of the 2018 Farm Bill. “We really see Delta-8 as a natural progression of the cannabis industry and specifically the hemp industry,” says Chris Roth, CEO of Highline Wellness. “I think during the time of the 2018 Farm Bill, the information available was very limited on hemp, and frankly, the education of the agencies responsible for writing the laws was probably not where it needed to be in terms of being able to set up a regulatory framework that made sense for not only consumers but businesses. "Part of that perhaps early-stage or green approach was that they explicitly made Delta-9 THC derived from marijuana the only ingredient illegal in the Farm Bill,” he says. “So, at the end of the day, that is the law that is governing the hemp industry.” He thinks that as more people and agencies become aware of Delta-8 and other cannabinoids that are recently being discovered, like Delta-10 and Delta-7, legislatures will realize that they missed it in the law and will either call attention to it or re-write the law. Over the past several days, the Oregon Liquor Control Commission began rulemaking to address Delta-8, and the Michigan Cannabis Manufacturers Association has called on that state’s legislature to require regulation of the cannabinoid. The Drug Enforcement Administration’s (DEA) stance remains unclear to some, and the agency reportedly didn’t provide a clear answer to Rolling Stone in a feature on Delta-8. As for the Food and Drug Administration (FDA), Russo says, “I don’t think that the FDA has the bandwidth to do anything about this right now. They’re much more involved trying to get COVID drugs approved."RELATED: What is Delta-8 THC?  © Courtesy of Reform WellnessReform Wellness Delta-8 THC Infused GummiesRoth’s Highline Wellness, a direct-to-consumer [cannabidiol] CBD lifestyle brand, is one…

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Source : Should Your Business Invest in Delta-8 THC?

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