Cannabis & Tech Today -- Summer 2021

Page 82

// ILLINOIS TECH ZONE Presented By

Putting Retailers First In an online world, how can CBD retailers survive? By Ed Rogers After hemp overproduction matched a lack of demand for CBD due to the FDA’s position on the compound, the hemp industry was in dire straits before some innovative chemists created an industry savior: Delta-8-THC. Delta-8-THC, an isomer created by manipulating CBD isolate, had a slightly intoxicating effect similar to delta-9-THC in consumers. And although the effects are about 30% as potent as delta-9-THC, the industry realized delta-8 would allow them to send THC over state lines. Today, many retailers claim a large percentage of their revenue comes from delta-8 products. “We’ve realized that our customers need some THC with their CBD to encourage the entourage effect, and our customer’s buying habits support that idea. Currently, more than 55% of our sales come from delta-8 products,” says Nick Pione of Trek CBD in North Carolina. However, states have a growing concern that the delta-8 isomer created from CBD is not the same isomer the plant makes (to see why this can be an issue, read up on Thalidomide). States have also realized the processes used to make delta-8 also creates hundreds of unknown isomers making their way into products.

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and other isomers are already being banned along with delta-8, so creating more isomers isn’t going to help to get products on shelves,” says Fontes. “Instead of chasing the next hot isomer, we’ve decided to go back to naturally derived delta-9.” Delta-9-THC is the original THC that has made cannabis popular since the dawn of time, and so long as it is hemp-derived and under 0.3% THC, all full-spectrum CBD products on the market today have some amount of “Instead of chasing the next hot isomer, we’ve decided to go back to legal delta-9 in them already (a fullnaturally derived delta-9,” said Chris Fontes, CEO of Trojan Horse Cannabis. spectrum, 25 milligram CBD gummy will have somewhere around 1 milligram in it). The folks at Trojan Horse Cannabis decided to run the numbers. “It turns out you only need 3.34 grams of dry weight to hit 10 milligrams of delta-9 and still be under the 0.3% limit,” says Fontes. “Our gummies have a dry weight of 4.5 grams usually, meaning we can pack 13.5 miligrams of THC into each gummy and be legal.” Erring on the side of caution and citing a lack of standards across testing, Fontes says they try to stay around 0.2% THC by dry weight instead of pushing the limits. This standard keeps distributors, retailers, and consumers alike clear of the limit.

As such, several states have banned the production and/or retail sales of delta-8 consumer products, leaving retailers at the edge of bankruptcy yet again.

“We’re signing up retailers quickly, and in states where delta-8 has been banned, they are reporting our product is literally saving their business,” Fontes said.

Some in the industry feel the solution lies in making more isomers. However, Chris Fontes, CEO of Trojan Horse Cannabis, disagrees. “Delta-10, THCP,

Fontes feels their concept will be “the next big thing.” Time will tell, but going back to basics with delta-9 could be the path forward for retailers. ❖

Cannabis & Tech Today // Summer 2021


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Articles inside

The Lighter Side

3min
pages 124-126

Events Calendar

1min
pages 122-123

Something Edible with Laurie Wolf

0
pages 112-113

Access for Athletes

11min
pages 102-107

Product Revolution

7min
pages 114-121

Delta-8-THC: What’s the deal?

5min
pages 108-109

Sean Paul Talks Germs and Ganja

10min
pages 96-101

Terpenes and You: What do they do?

3min
pages 110-111

Focused on Farming

18min
pages 84-95

Putting Retailers First

2min
pages 82-83

Profits and Protection

2min
pages 80-81

Lighting the Way

2min
pages 78-79

America’s Place in Cannabis Tourism

11min
pages 64-71

Safety, Savings, and Convenience

2min
pages 72-73

Shop ‘Til You Drop

3min
pages 74-75

Grow Smarter

2min
pages 76-77

CannaPrivacy

7min
pages 60-63

Know Before

2min
pages 22-23

Event Wrap Ups

1min
pages 18-19

Fashion Forward

5min
pages 44-47

International

2min
pages 24-25

Cannabis & Tech Today // Summer 2021

0
pages 12-13

Thinking Outside the Box

11min
pages 48-53

Scaling Extraction

10min
pages 54-59

Compliance

2min
pages 26-27
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