80% of the products sold in dispensary are “high dose”. pre-rolls average 150-200mg of thc - 50% of sales. vapes and concentrates are 800-1000mg or more and are 30% of sales. Low dose ingestibles - below 5/10mg that are comparable to a beer or glass of wine should be available where consenting adults 21+ have access. The states need to regulate, enforce and tax low dose hemp derived products and create fully functional markets where they can protect consumers and raise tax revenue - just like the states do for alcohol and tobacco. Wothoit a regulatory framework - bad actors will exist - it’s time for the state legislatures to enact common sense legislation this session. Kicking the can down the road is irresponsible to the citizens they serve
"In the last year, veteran, multi-state cannabis brands have been launching new hemp-derived lines of their products, expanding their once limited consumer base to the rest of the U.S." Find out how the hemp market could offer a life raft to cannabis operators in the latest from Cara Wietstock. Featuring Kiva Brands, Inc. MAISON BLOOM Superior Molecular https://lnkd.in/gtXB-rAC
No different than OTC meds vs Rx meds model in pharma.
Thanks for reading and for sharing. It's a very interesting topic and one that surely won't be a simple solve.
Co-CEO, Emergent Beverages l attn: Founders Non-Alcohol or Hemp-Infused Adult Beverage Industry! SUCCESSFUL RESULTS: Brand Accelerator, Advisory, Co-Packing, Distribution, Relationships, Incubator, REQUEST SERVICES
9moCara Wietstock low dose 5mg or less hemp is for the mass markets such as grocery, on premise etc where as higher dose is for regulated channels such as dispensaries. Dame as low or high percentage alcohol ranging from beer to spirits. Emergent Beverage