A scarce cannabinoid that mimics delta-9’s effects but can easily be created using CBD is going viral and providing impressive returns to extractors, who are fighting the plummeting price tags for other derivatives of hemp.
However, delta-8 THC is dividing the marijuana sector sharply, on both the cannabis and hemp landscapes.
Some assert that delta-8 provides a compelling option for those in the quest for an intoxicating high without the anxiety and debilitation that could be caused by highly potent tetrahydrocannabinol products.
Delta-8 THC is a delta-9 isomer that seems to have less affinity for cannabinoid receptors, leading to a milder experience.
However, others advise that delta-8 is a copycat of the actual thing promoted by fraudulent extractors who want to get rid of excess CBD and retail intoxicating items in regions where delta-9 is prohibited.
Some are afraid that delta-8’s surging popularity may undermine the whole hemp sector by alarming politicians who authorized hemp and its extracts without knowing that certain extracts could induce a high.
This dilemma is making investors consider whether to be part of the delta-8 space while its thriving or continue focusing on more common cannabis compounds where the legality is clear.
Experienced hemp extractors admit that the delta-8 wave caught them by surprise since the isomer was earlier understood as a weaker THC compound.
Consumer response to the isomer isn’t the only element that’s exciting CBD manufacturers. The compound’s wholesale value is extremely alluring.
Multiple extractors said that Delta-8 THC wholesale prices range between $1,500 and $2,000 per kilogram depending on the quality and volume. Prices were also higher in 2020.
That surpasses wholesale prices of CBD isolate that has declined to $600 per kilo or lower due to saturated supply.
Another appeal of delta-8 is its legal vagueness making it attractive for trying out sales in unknown markets and convenience stores.