Is the Risk of Selling Delta-8-THC Worth the Reward?
Updated: Jan 5, 2021
The vape industry has seen a lot of change over the past year, and the product offers are growing and evolving constantly. With such a new industry, like the cannabis industry there’s a lot to discover and learn. In the cannabis industry, the newest and hottest cannabinoid to hit the market is Delta-8-THC.
You might be thinking “You know I’m not a dispensary, right?” I do and you’re going to want to stick around for this. Our Delta-8-THC is 100% derived from hemp and legal in most states! Now the next question is the risk of adding delta-8-THC into your store worth the reward?
To better understand if investing in Delta-8-THC is a smart business move, you will first need to understand: What is Delta 8 THC, and what is its legal status in the United States? Let’s quickly get a few of those main, burning questions out of the way.
What is Delta-8-THC?
Delta 8 THC, or tetrahydrocannabinol, is a naturally occurring cannabinoid in cannabis (hemp and marijuana) and is commonly abbreviated as Delta 8 THC, Δ8THC, Δ8, D8, D8 THC, and D8THC. It’s an isomer of both cannabidiol (“CBD”) and Delta 9 tetrahydrocannabinol (“D9THC”). Our Delta-8-THC 100% derived from CBD. Read more…
Is Delta-8-THC Legal?
You may have heard of the 2018 Farm Bill which legalized hemp on a federal level. If not, it was a pretty sweet day and is what allows us to do what we love to do. This bill made all derivatives, isomers, and cannabinoids in hemp legal provided the final product has less than 0.3% Delta-9-THC. Our Delta-8-THC products are solely hemp-derived and always remain under the legal level of Delta-9 making it compliant with federal regulations. Although, some states have restricted it. Read more…
Is Investing in Delta 8 THC is Good For Your Business?
When considering if Delta-8-THC is right for your business, I think there are 4 main things to consider:
First and foremost, is it legal in your state? Even though it’s prohibited in some areas or stuck in legal limbo in others, it is certainly much less regulated than Delta-9 THC.
Have you seen a demand in your area? There are many great and obvious reasons there is a growing demand for Delta-8 – health benefits, slight high, and legal status – but it’s also great for patients who have found CBD therapy to be unsuccessful. But, if it isn’t well known you will need to educate your customer about this new product and all its great benefits.
Do the profits make sense? We are the manufacturer so we can give you great pricing and low MOQs. We currently offer Delta-8 Vape Cartridges and will have tincture and gummies.
Can Delta-8-THC set you apart from the competition? Yes, Delta 8 is a common topic of discussion in the industry these days, but it’s still relatively difficult to find in shops and online stores. Having it readily available makes you distinguishable from the other retailers selling only CBD products.
The biggest risk in the industry will be the potential quick change in Delta-8-THC legal status. As this cannabinoid’s popularity grows, the more legislation will feel the need to address it and possibly put further regulations around it. Right now it's a Savvy loophole within the system and we’re here for it.
There is so much to say about this amazing compound, from both a medical and business aspect. In my opinion, investing in Delta-8-THC is a great business opportunity that can have wonderful benefits for your consumers by providing them access to a therapeutic compound that’s legal yet difficult to obtain.
