THC

LandStander420

Cannabis will never be rescheduled as long as the hypocrite governors in these republican states can continue to profit selling through this loophole. Hemp derived THC does not have any oversight. We’ve all seen their mislabeled packaging clearly geared towards children sold at convenience stores. No one is checking I.Ds

Tiaan

This actually makes sense. It's basically saying they're following the existing federal hemp definition of 0.3% D9-THC but with a fixed 3mg total THC per serving cap and will update this as federal law changes. They even directly mention the upcoming "hemp ban" that, as currently written, would force a cap of 0.4mg THC per serving and 0.3% total THC (not just D9) limit

UsedState7381

CBD reimbursement program will start on April 1st. CBD products of the program are allowed to contain up to 0.3%THC, in compliance with 2018 Farm Bill rules(which brought fourth the hemp loophole). https://www.cms.gov/priorities/innovation/substance-access-beneficiary-engagement-incentive >Eligible hemp products are limited to federally legal hemp-derived products containing no more than 0.3% delta-9 THC and expressly excludes inhalable products, any products containing more than 3 mg per serving of tetrohydrocannabinols (such as delta-8-tetrahyrdocannabinol, delta-10-tetrahyrdocannabinol, and tetrahydrocannabinolic acid) in an orally administered form, and any products containing cannabinoids not naturally produced or capable of being produced by or in the cannabis plant during its cultivation. >The definition operates within the 2018 Farm Bill’s hemp provisions and does not override the Controlled Substances Act or authorize Schedule I substances. To be eligible, hemp products must also comply with applicable state and local laws. >If the legal limits on hemp-derived products changes, as with Section 781 of the FY2026 Agriculture Appropriations Act, CMS will adjust its definition in accordance with the law.

TroubledAcorn

Its regulated THC access for adults

boravuth

Having THC content in the reimbursement program would need S3 for it to happen. The pilot program doesn’t necessarily have to start on April 1st.

TroubledAcorn

Right. So state regulations will still need S3 to happen, in order to get rid of 280e. That is needed to keep selling these products at Retailers that aren’t dispensaries. But just one more reason S3 is likely to happen this year. There for sure is some hypocrisy in red states among politicians. But thats still a good thing for us. They won’t legalize Medical Cannabis but have have THC drinks you can buy at the corner store. Does it make sense? No. But thankfully this is still a step closer to leading to the inevitable Legalization through normalization.

UsedState7381

Oh that post, yeah I have read that yesterday. It's what made me question the % of THC content allowed in those CBD products from the reimbursement program, it's considerably higher than the limit of THC of the Hemp ban on the Farm Bill. But since the hemp ban only goes live in November, I'm still trying to piece together how that THC would play into the program. Maybe there's a possibility that the Final Rule will come out along the start of the program?

boravuth

The Antelope @__OuttaControl_ Not spiking the football (and obv neither is the market) but two items dropped today that, read together, are worth noting for anyone tracking cannabis rescheduling. First: The Medicare CBD pilot launching April 1 will allow full-spectrum products, meaning trace THC is included. The government could have narrowed this to CBD isolate. They didn't. That's a quiet but meaningful acknowledgment of the entourage effect - that the combination of cannabinoids produces better clinical outcomes than CBD alone. You don't design a Medicare pilot around full-spectrum products without believing the THC interaction matters therapeutically. And before anyone says 'the hemp industry just lobbied for this' - Charlotte's Web would have taken isolate coverage and celebrated. The full-spectrum spec is a clinical design choice, not a lobbying win. Second: Rep. Reschenthaler (R-PA) introduced H.R.7987 today, creating a safe harbor for national securities exchanges to list cannabis companies and prohibiting federal adverse action against businesses that serve cannabis operators. Here's the dot-connect: Schedule I is defined as 'no currently accepted medical use.' The federal government is now covering full-spectrum cannabinoid products (including THC) for seniors through a physician-recommended Medicare pilot. You cannot hold both of those positions simultaneously forever. HHS already formally concluded in 2023 that cannabis has accepted medical use. The EO directed the AG to expedite rescheduling. The pilot is now building the real-world evidence record that makes DEA resistance increasingly indefensible. The rescheduling isn't done. 280E relief isn't here yet. But consider what today actually represents: on the same day a federal health agency quietly acknowledged that THC has therapeutic value by designing a Medicare pilot around it, a Republican congressman introduced legislation to let cannabis companies list on national exchanges. One is the scientific predicate. The other is the capital markets infrastructure. You don't build the second without the first eventually following. Cautious optimism is the right posture. But the architecture is taking shape 7:32 AM · Mar 19, 2026 · 15.2K Views

boravuth

The Antelope @__OuttaControl_ Not spiking the football (and obv neither is the market) but two items dropped today that, read together, are worth noting for anyone tracking cannabis rescheduling. First: The Medicare CBD pilot launching April 1 will allow full-spectrum products, meaning trace THC is included. The government could have narrowed this to CBD isolate. They didn't. That's a quiet but meaningful acknowledgment of the entourage effect - that the combination of cannabinoids produces better clinical outcomes than CBD alone. You don't design a Medicare pilot around full-spectrum products without believing the THC interaction matters therapeutically. And before anyone says 'the hemp industry just lobbied for this' - Charlotte's Web would have taken isolate coverage and celebrated. The full-spectrum spec is a clinical design choice, not a lobbying win. Second: Rep. Reschenthaler (R-PA) introduced H.R.7987 today, creating a safe harbor for national securities exchanges to list cannabis companies and prohibiting federal adverse action against businesses that serve cannabis operators. Here's the dot-connect: Schedule I is defined as 'no currently accepted medical use.' The federal government is now covering full-spectrum cannabinoid products (including THC) for seniors through a physician-recommended Medicare pilot. You cannot hold both of those positions simultaneously forever. HHS already formally concluded in 2023 that cannabis has accepted medical use. The EO directed the AG to expedite rescheduling. The pilot is now building the real-world evidence record that makes DEA resistance increasingly indefensible. The rescheduling isn't done. 280E relief isn't here yet. But consider what today actually represents: on the same day a federal health agency quietly acknowledged that THC has therapeutic value by designing a Medicare pilot around it, a Republican congressman introduced legislation to let cannabis companies list on national exchanges. One is the scientific predicate. The other is the capital markets infrastructure. You don't build the second without the first eventually following. Cautious optimism is the right posture. But the architecture is taking shape 7:32 AM · Mar 19, 2026 · 15.2K Views

GeoLogic23

Steve Daines was one of the champions of SAFE Banking from the Republicans. He recently announced he would not seek re-election. In February of 2025, **Steve Daines’ longtime chief of staff helped start S2R**, a Republican focused lobbying firm. His former chief of staff is the primary lobbyist for S2R. In January of 2026, **S2R registered Hemp Industry and Farmers of America**. This is the 3^(rd) lobbyist this new hemp coalition registered since they were formed in late 2025. I still think the GOP only cares about SAFE as it relates to hemp. Edible Brands (Edible Arrangements) also just registered to lobby for hemp and regulation of low dose hemp CBD/THC. This is their first lobbyist. They chose to register with **The Daschle Group.** The Daschle Group is run by Tom Daschle, who for years has been co-chair of CPEAR, the cannabis group run by big tobacco, big alcohol, and the convenience store industry. Besides companies like Altria and Constellation Brands, one of the few organizations that are **part of CPEAR is the National Association of Convenience Stores**. National Association of Convenience Stores is one of the few companies that is also registered with Steve Daines connected lobbying firm S2R.

UsedState7381

Doug Kass has been a lot since this month started, and I suspect that the other usual scammers also have been buying but not saying anything yet(wolf, shardi, Scooter, etc...). MSOS hasn't tumbled down to $3 essentially because all of them are providing support, because throughout this month the news we had about cannabis were essentially non-existent, the only one good and important news I saw was today about the CBD program rules allowing a small quantity of THC content on the products. As for me, I bought a little on this month a few times and may buy more after OPEX on Monday. The only reason why I haven't bought much more is because I believe that those guys bought so much that they will crush the ETF if they all pull out on whatever bullshit reason they believe. I want to dip in more but I'm just not trusting that we are at the bottom post-S3 EO yet.

AverageNo130

Federal CBD Health Insurance Plan Will Reportedly Allow THC Amount Far Exceeding Hemp Limit Signed By Trump. It has set an initial limit of 3 milligrams of total THC (including delta-8, delta-9 and delta-10 THC, for example) per serving—as Cannabis Wire first [reported](https://cannabiswire.com/newsletters/scoop-medicare-cbd-pilot-will-allow-some-thc-in-products/)—which is more than seven times the THC limit for hemp-derived cannabinoid products as defined under a spending bill Trump signed last year. MM

Low_Plastic363

Have you tried eating 10 10mg THC gummies at the same time? I heard that helps with panic.

King_Chron

A May 2023 study by NIST and CU Boulder indicates that for regular cannabis users, THC breath levels one hour post-use are nearly identical to baseline levels, making a single breath test unreliable for proving recent consumption. Due to constant shedding of stored THC, researchers found that current breath testing methods cannot distinguish between immediate consumption and non-use in chronic consumers. Read the full study details at [NIST](https://www.nist.gov/news-events/news/2023/05/researchers-analyze-thc-breath-cannabis-smokers).

GeoLogic23

Tilray's Breckenridge is partnering with a small restaurant chain in Colorado called Cheba Hut. Cheba Hut does cannabis-themed "toasted" sandwiches and are now partnering with the "world's highest distillery". This is a tiny partnership, but just pointing out how Tilray's alcohol moves are all looking towards THC beverages. Breckenridge recently partnered with Romano Beverages in Illinois, who prominently display themselves as a "wine, spirits, and THC distribution company". The first real non-alc wine with THC recently launched in Illinois, so I am expecting Breckenridge to have a non-alc THC liquor as soon as those also hit the market.

Gambelero

The process for rescheduling is unrelated to the process for setting up a pilot program for CBD. And you can study low THC cannabis products without rescheduling. Look at Epidiolex, which made it through third stage clinical trials to win FDA approval.

chasfly34

On March 13, 2026, the **U.S. Food and Drug Administration (FDA)** submitted a notice titled **"Cannabidiol (CBD) Products Compliance and Enforcement Policy"** to the **White House Office of Information and Regulatory Affairs (OIRA)** for review.  Key Details of the Submission * **Official Status:** The filing is listed on [Reginfo.gov](https://www.reginfo.gov/public/do/eoDetails?rrid=1312062) (RIN: 0910-ZC82) as a pending regulatory review under **Executive Order 12866**. * **Classification:** It is currently categorized as a **"Notice"** rather than a formal rule. * **Content:** While the full text has not yet been released publicly, the document is expected to clarify how the agency will regulate and enforce rules for CBD products moving forward.  [Reginfo.gov](http://Reginfo.gov) \+3 Broader Context This move follows years of regulatory uncertainty and significant federal shifts in early 2026:  * **Federal Alignment:** The submission aligns with a December 2025 executive order signed by **President Trump** aimed at expanding medical marijuana and CBD research. * **Health Insurance:** Industry observers suggest the policy may be linked to new **Medicare** initiatives or revisions to **CMS** policies that could allow for federal insurance coverage of certain CBD treatments. * **Impending Restrictions:** The policy arrives as the industry prepares for separate statutory changes under **Section 781** (set for November 2026), which will impose stricter per-container THC limits and likely reclassify many full-spectrum products as controlled substances.  Marijuana Moment +4 The OIRA review is a standard step before a policy is published in the **Federal Register**, allowing the public and industry stakeholders to soon see the FDA's formalized enforcement priorities. 

H_J_Moody

Ban THC grown in the US and allow shitty Chinese THC to be sold?

Reputation-Final

Hey, ignorance is bliss. Is this concentrated THC?

ZealotOfCannabis

Georgia seems set to expand their medical program this year. Sb220 passed the Senate in last year's session and just passed the house this week in an amended form and is now going back to the Senate for a revote. If passed as is, it would allow for medical cannabis products instead of just 5% THC oil, set a 12,000 mg THC cap, allow for vaping and edibles such as cookies and candies and expand the list of qualifying conditions The only publicly traded MSO that I'm aware of that currently operates in GA's medical program of is Trulieve https://georgiarecorder.com/2026/03/12/house-passes-bill-seeking-to-ease-access-to-georgias-medical-cannabis-program/

llasar17

THC you say

Bravadette

Dont worry guys, in 50 years we will have: Designer babies so you dont have to worry about Drug organs for glp-1's and federally prescribed THC (subscription service of course) Exocolony mining families on Mars Everything Iain M. Banks promised us! It gets worse before it gets better ❤️

StarsapBill

THC was down -4.20 today at market close. Truly signs of dark times ahead.

BillyShears2015

Why anyone would eat melatonin gummies when THC gummies are legal in all 50 states boggles my mind.

GeoLogic23

I believe they applied for and got refunds going back to 2019, which would be right after the Farm Bill. If you are doing proper track and trace you should be able to say exactly how much of each batch got sold. Find each batch that came in under 0.3% THC, check your track and trace to see how much you sold of those batches, and you should easily be able to calculate how much revenue you brought in from federally legal "hemp" vs federally illegal "marijuana".

Disastrous_West5865

What is THC?

trent_upscale

^(Caffeine + Nicotine + THC)

GeoLogic23

Do you get distillate carts? You may be experiencing a worse high with carts if you aren't using a live resin or other extract that maintains the entire profile of the plant. THC by itself is very different than the entourage effect you get with THC combined with terpenes/CBD/etc that is present in whole flower or live extracts.

Independent-Tree-985

Tried some THC vape. Felt weird. Do people really recommend that stuff for pain?

ManCityFan666

A .4mg THC container limit kills hemp, period.

the_mammynun

Agreed. I'm not pitching OGI as an investment, I only mentioned them due to their "caliber". They conduct themselves like a mature enterprise. Overall you're right that consumers only care about the highest THC at the lowest price. I don't invest in growers because there is simply too much competition and the costs of growing are too high. HITI sells their own brand called Queen of Bud. They source the cannabis from LP partners to develop their brands just like in any other mature industry. That's a model I can get behind. 

SwordfishOk504

What? They aren't "killing hemp". Hemp farmers can still grow hemp. They just closed the loophole that allowed people to convert harvest hemp flowers into THC, which was never the point of the hemp regs.

Jagged_Tide

Opposite, 2018 Farm Bill legalized all THC at the federal level (accidentally)

iShitBloodandCumShit

The one that basically banned all forms of THC or was there a different one?

DiamondHands667

I quit THC concentrates and am on day 11 sober from them. Sleep is fucked and I’m getting strong cravings. Irritable af. Trying to get through the day. Taking vitamins, eating healthy, etc. need to stop drinking caffeine im too sensitive. Thank you for responding man! Need to get my shit fixed

Adrastos13

How would a hemp carve out for hemp THC-A drinks even work if hemp growers can’t grow it any longer if they kill hemp?

sushimonster13

It looks like there is pressure from the MSO's to push the ban through. THC beverages are one of their largest segments and this would essentially eliminate that revenue stream. I assume the recent acquisitions are a counter measure to pivot away from THC beverages and keep the revenue target afloat.

RisingSerpent222

THC and I have money on the side

GeoLogic23

Wow you actually have that completely opposite. Hemp THC beverages are the low dose beverages.Typically 5 to 10mg. That's all you will see in bars and liquor stores. High dose THC products are restricted to cannabis dispensaries. Hemp beverage are also already regulated or are in the process of being regulated in plenty of states, including Texas where Circle K is rolling them out. So go ahead and ban it federally. The states still have a market just like they have a cannabis market. But i don't think it actually gets banned federally. You really need to do more research on the differences between the hemp beverage market and the cannabis beverage market.

Lebempe

Both hemp and THC are cannabis products. Products sold in dispensaries are low dose THC. The unregulated Hemp beverages are the high dose beverages, not the dispensary ones. There is a hemp ban coming November 12th.

GeoLogic23

You are linking BDSA, who do **cannabis** tracking. They are talking about cannabis beverages sold in dispensaries, and the entire point is that beverages exploded in sales once the went into regular retail channels like alcohol. Notice how the products they are looking at are high dose products, and they even say low dose is an opportunity. * BDSA Retail Sales Tracking show that 68% of beverages sold in Q2 2024 were 100 mg products, suggesting that there is an audience expansion **opportunity for brands that can effectively launch a lower-dose product** Liquor store owners have said THC drinks are taking up >10% of their total sales already. From last year: * Jon Halper, CEO of Minnesota liquor store chain Top Ten Liquors, told Reuters in June that THC beverages now make up ***15***% of his business Note it's all about distribution: * Wylie’s Rebel Rabbit is only available in kegs in a handful of taverns in the Carolinas because he’s had trouble getting **distributors to buy into the concept**, but cans of the beverage are available in 14 states. This is why I have long followed the beverage distributors, and seeing prominent AB InBev and Coors distributors start allowing THC. It's a very fast growing market that targets a completely different consumer base than cannabis dispensaries. One of the fastest growing hemp drink demographic are middle aged women looking for healthy alcohol alternatives. Don't just blow off this space because of the failures of the past. All the big alcohol companies were looking into THC drinks. Then we ran into emulsion issues (CBD sticking to can liners) and then COVID hit. They didn't forget that they desperately need a new product to survive.

hambone_83

Let me bring in Tilray as an example as I think it will help this entire discussion out. People have been saying they are just buying alcohol and its a wasted strategy. You've been vocal that Tilray is screaming to investors about infrastructure and future capabilities about a THC beverage strategy that will bring scale and reach that nobody else will be able to replicate right away. Everybody has their opinion of the true motivation of their alcohol strategy but time will tell as more moves are made I'm saying the same thing here with GTI/RYM. Ben is screaming at investors and keeps referencing John Malone consistently when discussing the relationship between the two companies. Let's look at what John Malone did. He: 1. Used complex capital structures and leverage to create additional value 2. Found ways to lower taxes and be efficient with cash by using alternative ways to structure companies 3. Consolidated distressed and undervalued assets in a Media space that was highly fragmented and struggling at the time. Does that not sound extremely familiar to what is happening now and what the cannabis space looks like? Now to answer your questions >Why spend millions on buying and setting up RYM? GTI injected $75M into RYM and it has a fully diluted market cap of around $250-$300M depending on where the stock trades (at one point over $400M as you well know). They created extra real value by doing this strategy and its still early innings for it (as per what Malone did) >You can have one internal subsidiary the "brand" company and one internal subsidiary the "operating" company, but there seems to be little point in physically separating the companies in this complex way to me. Did Curaleaf see significant appreciate when they created "The Hemp Company"? That is a somewhat similar example as they created an internal subsidiary focused entirely on hemp when hemp was at its absolute peak. They also launched beverages at the same time. Very similar with the exception of a spin-off into another publicly traded entity - the market didn't care. >And if it's so beneficial on its own, why is GTI the only one to do it? Which other company has a balance sheet, cash flow generation and war chest to be able to absorb a highly complex and risky venture like what GTI did? The way I see it, this is a way for GTI to consolidate the industry and unlock more shareholder value under 2 entities than one. I don't think this is one big beverage play. As I previously mentioned, if this was 100% about beverages there would be no reason to license Dogwalkers, Doctor Solomon's, &shine and Good green. These have nothing to do with beverages and are pure cannabis brands. From my reading of the situation I think they will expand more into beverages and cannabis as a whole. All brands in all form factors in RYM, all operations/distribution/etc. in GTI. It will be complex but it should ultimately unlock way more value for GTI & RYM shareholders. If they announce a big partnership with a beverage company and you are right you have my blessings to gloat and make fun of me daily for as long as you want and I'll take it like an adult.

hambone_83

>So of course the licensing revenue is higher right away? You are just dropping that licensing deal into a full fledged cannabis business, right? How does that revenue grow significantly? GTI will have to expand their cannabis business, but right now growth isn't that good. So they'll have to buy growth, which has historically hurt profits a lot. Through M&A is how I think they achieve it. You buy smaller operators that are profitable, growing with decent brands (mostly smaller privates). You move the grows and dispensaries under GTI and brands under RYM. Rinse and repeat as often as you can with whatever makes sense. Now they could just buy up a bunch of beverage brands only which would make me change my thesis. But looking at how the structure is I still believe there are decent brands out their that can be plugged into GTI/RYM that is good for both companies >You think Ben just forgot about Boston Beer? I notice you are coming around to my long standing point that RYM is supposed to be independent of GTI and the plan was never to merge them. The plan was to have a completely separate, federally legal business, without massive debt, that only sells THC drinks. I still am not seeing a 100% THC drinks only focus here like you've mentioned. If that was the case I don't see they would sell and license their pure cannabis brands like Dogwalkers into it. As I mentioned above, M&A is going to happen and if they just buy up beverage brands/assets then I'll pivot and agree with you. My rationale for thinking they would be separate is to deal with the future upcoming regulations when interstate commerce is allowed and we morph into a tiered system like alcohol. I think RYM will be more like Coke/Pepsi. Coke sells a syrup formula into third party bottlers and spends money on sales and marketing to keep demand up. When we have a fully regulated system RYM will just license their brands into third party production facilities and have a capex light model. I think this will be across all their Cannabis portfolio - flower, edibles, beverages, pre-rolls, vapes, etc. That's why I believe over the last 6 months they've vastly increased SG&A to bring brand awareness.

GeoLogic23

Because it adds an arbitrary barrier of entry that is super easy to monopolize. There aren't going to be that many cannabis genetics that are stabilized below 0.3% THC. It wouldn't be hard for corporations to own them all. As they shift away from forcing hemp companies to test their plants (very inconsistent and easily manipulated), they could go with a sort of "approved strain" type of system. Like if you are using a hemp strain the government knows is good, then you don't have to bother testing your hemp for THC as it grows. Just the final product. Aggressively defending seed patents was how Monsanto took control of agriculture. I don't see why it would be any different for cannabis. That was one reason I'd often point out that CWEB has a differentiating factor compared to other CBD companies. They have been growing and stabilizing their strains for years, and have utility patent protection on their genetics. They were specifically chosen as the first strain to be used in the beginning of Florida's market. They called it the Charlotte's Web bill.

GeoLogic23

GTI's cannabis business has been built and developed for many years and was already generating tons of revenue. So of course the licensing revenue is higher right away? You are just dropping that licensing deal into a full fledged cannabis business, right? How does that revenue grow significantly? GTI will have to expand their cannabis business, but right now growth isn't that good. So they'll have to buy growth, which has historically hurt profits a lot. They've barely started selling beverages though. This is a bet on regulations and Senorita and Rythym gaining thousands of retail and event points of sales without having to own dispensaries. And they have the ability to partner with a real beverage maker like one of the many alcohol companies interested in selling beverages and not smokeable products. You think Ben just forgot about Boston Beer? I notice you are coming around to my long standing point that RYM is supposed to be independent of GTI and the plan was never to merge them. The plan was to have a completely separate, federally legal business, without massive debt, that only sells THC drinks.

TroubledAcorn

THC beverages are not going away. The absolute worst case scenario is hemp is federally banned next year and nothing is done. States are already making their own beverage carve outs regardless. So it will be like Cannabis is now, states having their own regulations. However most states that plan on beverage carve outs are even keeping them in stores that sell them conveniently, so not like having to be sold in a dispensary or anything. As long as Rescheduling happens that takes care of 280e tax and THC beverages will be alive via state carve outs. Better case scenario something gets done at the federal level or they at least delay the ban. Either way THC beverages are here to stay one way or another

Den923

Why not replace hemp with THC if the regulations change?

AverageNo130

The governor of Wisconsin is calling on congressional lawmakers to urgently take action to block a federal hemp THC ban that threatens to wipe out much of the state’s cannabis market—an issue he says is “intensified” by the fact that the state has yet to legalize marijuana for medical or adult use. MM

AverageNo130

Charlottes Web introduces 3 new 10mg THC gummies available now.

DiamondHands667

THC concentrates is what I’m quitting.

GeoLogic23

They have said Shocktop is their #1 beer brand they are focusing on, and I believe it's the one that is still completely national. I think crossing state lines with your THC distribution is still not happening, which is why people are contracting in each state. So maybe that's an issue with Shocktop going with THC. Idk you could be right, they might do a Shocktop THC in the future. But I think it does make sense to have one anchor beer brand that won't lose your relationships with distributors if your THC brand flops. Or maybe they don't want to turn a loyal customer off who might be anti-THC for whatever reason. Or someone who accidentally drinks a THC one thinking it was just a new flavor. Who knows. However on that note, while I agree about their brands being easy to skip, that's why retail/distribution partnerships are important. If they don't even see the other brands, yours isn't a "no name brand", it is just "the brand". Shelf space doesn't come out of thin air. So if you already have underperforming brands on the shelf, you can just swap in higher margin fresh brands of THC beverages. All the other THC brands who want to compete with you can't do that.

GeoLogic23

Tilray did in fact make cannabis moves recently. Their beverage purchases. Notice how GTI bought Senorita? And they contract manufacture their beverages in various states. Tilray bought beer and then created THC brands. So they did make a beverage move, exactly like I'm saying they are doing. Buy beverage assets and convert to THC beverages. Instead of buying THC beverages. Their method is the better one if you expect beverages to be regulated and put through the three-tier system like alcohol. But more expensive upfront. Irwin definitely is deceiving people when he talks about revitalizing certain brands though. Imo some are purely placeholders for hemp THC beverage expansion, but you can't just say "yea we aren't trying to make money off this brand". Regarding whether it's going to be regulated or not. I follow the money and the lobbying. Circle K is going ahead with nationwide expansion. Multiple brands have launched and/or received new funding rounds recently. The WSWA and other lobbying organizations are on board. Companies like Oak View (who Trump recently pardoned their co-founder) are trying to put hemp beverages in arenas. Texas itself is currently regulating beverages instead of banning them. There is not a more influential state on Republican politics than Texas. States have already put through regulations or want to regulate will keep the market going just fine. Unless the federal government is going to enforce hemp beverage legality (and not rec cannabis?) then those states are fine. I'm not saying it's a sure thing. But I personally feel confident that low dose hemp beverages are here to stay. Whether or not Tilray can capitalize on that is another story.

GuyOnTheCouch420

I think most people do not trust Irwin. Tilray says a lot of stuff that rarely has come true. And when you look at incentives and motivation, Irwin and Co just need to keep the trading volume going given how high the comp is relative to the size of the business (earnings wise). Hemp THC was really an accidental loophole in the US. Not sure that it will be replicated in any other market. Haven't seen any indication that it will or any reason it should. So this along with the Carlsberg deal is leading people to just think its Tilray moving away from Cannabis. They haven't made any cannabis moves that I can remember in a while. Not saying you're wrong, just explaining where people are coming from. They do hear what Tilray has been saying for literal years. They just think it is BS.

GeoLogic23

I also think/hope it'll be soon. They need to define THC cannabinoids and containers and stuff, which they missed the deadline for. But that is critical for defining hemp regulations. I've been saying for a while they really need to do everything at once. They can't have one announcement about hemp THC being legal and then another announcement saying marijuana THC is Schedule 3. Nobody knows the difference now, let alone after rescheduling. The big alcohol people don't want consumers to be confused whether or not their beverage products are legal. There is also the DEA Supply Chain conference. That is supposed to be in April and they always discuss cannabis stuff. Like a couple years ago, i think right around that time is the ideal time for an announcement. The public knowing what's going on is very important. However all the DEA supply chain stakeholders are the ones who the DEA really cares about informing. They care more about a competent rollout of THC that makes the DEA's life easier, as opposed to letting us retail investors turn a profit. They still have yet to say when they conference is happening though. They have typically done it by now.

Major-Compote842

This could be imminent. For the 2026 season, hemp needs to be planted within the next few months. What kind of hemp and who the purchasing client might be needs to be known very soon. I think the US either carves out hemp regulations for THC beverages or they kick that November 2026 THC beverage deadline into another year while they figure everything out. I hope it's the former, but won't be surprised if it's the latter. It's if the former, I'd expect big beverage to enter the space ASAP...and Tilray is perfectly positioned for industry leadership or partnership or both.

vanarnd1

Thanks for the information Geo. Just curious, do you think this means Tilray is pursuing THC/CDB beverages internationally? If so how feasible of a strategy do you think that is?

GeoLogic23

I believe they have said they want to keep Shock Top separate from THC drinks because they don't want to confuse consumers. Their non alc beer brand they launched is called Runner's High. You will likely be seeing a Runner's High THC drink, but not a SweetWater. Is there anything i said that is wrong? Or do you just not want to admit your characterization of the production process was incorrect? Many pubs have said the only thing that saved them lately were THC drinks. Just not THC beers. But those will be coming.

Chocolatecake420

Ok, I'm sure we will see Shocktop THC bevs on the shelf someday.

GeoLogic23

That's just not true at all. Look up how many brew pubs said they pivoted to THC seltzers to save their business. It's literally quicker and easier to make THC beverages. It is absolutely harder to make non alcoholic beer. That is correct. You have to make regular beer and take the alcohol out. That's why you don't see ANY non alcoholic THC beers on the market. Even non alc beers are regulated by the TTB because they start as alcohol. So right now all THC drinks are some form of seltzer, mocktail, tea, etc.. You can't do real wine or beer. However the first real non alc wine with THC was released recently in Chicago. This signals to me that we might see actual THC beers hit the US market soon.

GeoLogic23

So you DON'T think this has anything to do whatsoever with buying infrastructure for hemp beverages? Again it might not work. They might lose 50% of their share price before turning it around. Idk. But can we stop pretending like the only reason they are buying alcohol is to go "away" from cannabis? They have been saying for literally years their plan is to merge the two markets through THC drinks. It's not a complicated plan. Again i am not saying it will work, or you should buy Tilray, or Irwin makes an appropriate salary, or anything of the sort. But their beverage strategy is extremely clear.

GeoLogic23

It is a NASDAQ listed company that sells only federally legal THC beverages. Can you name any other company like that? They aren't necessarily the best company at the moment. But they are a unique company.

GeoLogic23

The fastest growing segments in THC are hemp beverages. The EU literally just made their first rule on safe levels of CBD in food and beverage. What aren't you getting about their strategy? Tilray has been practically screaming it to you guys that all these beer assets are just infrastructure for hemp beverages. If hemp is put in the three tier system you need actual production, distribution, and retail networks. Maybe hemp gets banned and their plan fails. But i continue to be dumbfounded at everyone that has "they are just an alcohol company now" comments.

Napster-mp3

Imagine if everyone in the world was forced to eat THC brownies for a month how chill it’d be

CornMonkey-Original

weekend THC 4x - unless war then 7x

Nom-De-Gruyere

Bioengineer a chick pea that has THC. Start a Space Falafel joint.

KAI5ER

Looks like the Hemp ban lives on! "Amendment To Delay Hemp THC Ban Won’t Get A Vote At Farm Bill Hearing, Key GOP Congressional Committee Chair Signals" -Via TDR

King_Chron

Thinking that the US will play out like Canada is just a fallacy. Some people will look at Canada and the US as the same thing, but they are failing for totally opposite reasons. I looked into the numbers and the store-to-people ratio is wild. Canada has roughly 3,700 stores for 40 million people. That is 1 shop for every 10,000 residents. Compare that to California, which has the same population but only about 1,200 stores (1 for every 32,000 people). In Ontario and Alberta, you can basically throw a rock and hit three dispensaries. It has led to a total bloodbath—price wars are so bad that Ontario saw a 50% jump in store closures last year. We are in the "Great Consolidation" phase where only the massive chains or the ultra-lean shops survive. California is the opposite. Even though it is legal, about 60% of the state still bans local retail. This creates massive "cannabis deserts." If you have to drive an hour to find a legal shop, you are just going to keep calling your local guy. This is why the illicit market in Cali is still doing billions while legal shops struggle to stay open. The tax traps are also totally different: In Canada, the government takes a flat $1 per gram excise tax. That was fine when weed was $10/g, but now that wholesale prices have crashed to $3/g, the tax is effectively 33%. It is a production tax that is bleeding growers dry. In the US, it is the 280E penalty. The IRS treats dispensaries like cartel members, so they can’t deduct rent or payroll from their taxes. They end up paying effective tax rates of 70%. They are literally being taxed on money they didn't even make as profit. The "vibe" gap is the final nail. Canada feels like a pharmacy. Plain brown packaging, no branding, and a 10mg THC cap on edibles that makes them useless for high-tolerance users. The US (especially California) has 100mg+ edibles and actual marketing. TL;DR: Canada is a saturated market with too many stores and boring products. The US is a restricted market with better products but a tax code that treats legal owners like criminals. 280E is ending with schedule 3.

Broad-Belt-5888

Right? This reminds me of last winter I went to Bengals game and on the way I drank this THC sparkling water. I normally only take like 5 or 10 mg edibles but this was 100mg. My buddy and I are walking across the city to the tailgate area and I start getting so high I just seek out this little patch of grass away from the crowd to have a beer and calm down a bit. And he’s asking me are you alright and I’m like yeah there’s just a ton of people out. So we shoot the shit and have a few more beers and head into the game. Naturally the Bengals get their ass kicked. A few weeks later I’m at work and mention I went to the game a few weeks ago and someone asked which game, like who we played and I couldn’t remember so I just got this blank look on my face and I was like “Good question!” And I just walked away from the conversation. A few weeks later I remembered it was the Bears and I chuckled to myself.

hambone_83

There are other companies exporting S3 substances as long as they have a DEA export permit and the receiving country allows the substance for medical/scientific purposes. Ketamine and testosterone can be exported from the US and those are both S3 substances. If reclassification occurs there needs to be guidance around how the new substance are governed at a federal level. Add to that if they are thinking of putting full spectrum CBD into the Medicare program they are going to have to ease the restrictions to allow this to happen. Hence my original point that there is a possibility that exporting to another country might happen before interstate. Might be only CBD, or low-THC or something else, but there is a real possibility of it happening.

skyplt29

I forgot about that one...I guess it will give some sort of indication of acceptability of cannabis in the USA. I am actually quite surprised by how 19th century some thinking is. We've all gone through the WTF of how there can be so much pushback on a plant based product that has arguably less harmful impact than alcohol and cigarettes and certainly more health benefits than many patented pharmaceuticals. I think this is the aspect of all of this that is the most confounding for me. Those who have been here for close to a decade may recall I began investing in this sector as my daughter convinced me to take some CBD and THC products instead of Tylenol to reduce arthritis pain. I could only do this after I retired as if I was caught with any of this in my urine I would have been fired. It's absolutely criminal that this is still criminal.

trent_upscale

####Caffeine + Nicotine + THC

Neel_Crashkari

^(Caffeine + Nicotine + THC)

ThreadfallRider78

Nah, they’re gonna find out that the way to stay cancer free is THC/CBD, coffee and chocolate liquor candies. No red meat. Stick to fish and veggies.

theduderino38

Hemp loophole from farm bill. Hemp derived THC is ok at least for a few months until Congress does more stuff or it will be banned if loophole is kept closed…

LandStander420

True Story: My wife and I arrived in Florida, stopped at a large, national, big chain liquor store (Total Wine & More) and purchased a big bottle of THC infused beverage. WTF? Our friend said it’s a loophole.

UsedState7381

So that's the thing, the FDA is supposed to have defined by now(but they still didn't) what is naturally occurring THC hemp and what is synthetic THC hemp, my read on this is that the hemp ban in November is supposed to be aimed only at synthetics...Meaning that THC-free CBD would not be part of the hemp ban, thus not becoming a schedule 1 substance. Someone more knowledgeable in here should correct me if I'm wrong though.

UsedState7381

THC-free CBD is not a schedule 1 substance.

C_B_Doyle

Tylenol reduces pain mainly by changing signaling in the brain, not by fixing tissue: it gets converted into AM404, which slows the breakdown of anandamide, your body’s natural pain calming molecule, so anandamide sticks around longer and quiets pain signals; cannabis works on the same system but more directly, because THC and other cannabinoids bind to CB1 and CB2 receptors themselves, turning down pain signaling, inflammation, and nerve firing while also increasing overall endocannabinoid tone instead of relying on a metabolic byproduct.

Neel_Crashkari

Caffeine + Nicotine + THC

SwordfishOk504

Trump and his team "like" hemp and CBD because it's seen as the respectable side of cannabis to the Boomer generation. I think they see it as a way to pretend like they are pro cannabis, but without any real baggage around THC or rec use.

GeoLogic23

I know you are trying real hard to be negative about everything, but you're talking to the wrong person. I have talked about their financials many many times, going back years. Here is me talking about financials [three years ago](https://www.reddit.com/r/weedstocks/comments/14zc8gu/comment/jrx7nsr/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). Notice I don't shy away from highlighting negatives too. >OGI with the run into financials and dump after again. **Margins got crushed**, being blamed on a large increase in "30%" THC flower on the market all of a sudden. Regardless, they need to fix it. Not too worried, as they will survive due to cash/debt. >Big impairment took a lot of goodwill off the books. **Real net loss like -23M**. >The **$75M cash and negligible debt** are the primary things I care about right now. That and waiting for CBD laws to get clarified, or for BAT to do something. Here's another from [years ago](https://www.reddit.com/r/weedstocks/comments/14zc8gu/comment/jrxh563/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). Notice I am following BAT's pursuit of hemp in particular, even years ago before anybody was talking about it. >As I stated, my preference is based on their cash/debt and the continued evidence that BAT is serious about making moves into CBD in particular. $75M cash and negligible debt is very good if they are able to correct their margins. Besides CRON, they are practically the only cannabis company I am very confident will "survive" whatever hardships the market faces. >But I'm sure there will be a lot of very dramatic people here today who think I'm here for the short term and will criticize. Don't day trade this sector. You will lose all your money. How long have you been here exactly?

strakerak

Haha, 8th wonder was founded by an alum from my school (University of Houston). They sell a lot of their stuff at the campus bars, including their THC drinks.

skyplt29

I know, I know...Tilray is a dogshit meme company and its CEO is nothing but a diluting greaseball (hopefully that will save FoodCooker a bit of time jumping on this post). I also appreciate beer is a dying beverage and Coors and Bud will likely not make it to the end of the year (that's sarcasm). But Tilray teaming up with Carlsberg is newsworthy. A month or so ago geologic schooled me on the importance of distribution networks. If and when THC infused drinks become legal and regulated Tilray will be ready with both production and distribution. In the meantime, they are making deals with major companies. This is a weedstocks subreddit, Tilray is a LP, and this is a significant announcement. Let's not forget we are here to share information and insight...not just sit around and bitch while we wait for S3. [https://finance.yahoo.com/news/tilray-brands-carlsberg-group-enter-120700463.html?guccounter=1&guce\_referrer=aHR0cHM6Ly93d3cucmVkZGl0LmNvbS8&guce\_referrer\_sig=AQAAAKTpTFaFmknoIQIl83AA-eXddxTJKteRgC4Am6N50zeXAqcmay01bo8T2Fg1HWX5CxIBVDpC5KPMNEfG5LqVwACJ4PiCKgWP0-6sWTLeZJI4pku-a8p5jlYU41-OtYttVt-lVqbermnGOMkWaO8ULwk5MTlhC7JBvmhux5I89Aj7](https://finance.yahoo.com/news/tilray-brands-carlsberg-group-enter-120700463.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cucmVkZGl0LmNvbS8&guce_referrer_sig=AQAAAKTpTFaFmknoIQIl83AA-eXddxTJKteRgC4Am6N50zeXAqcmay01bo8T2Fg1HWX5CxIBVDpC5KPMNEfG5LqVwACJ4PiCKgWP0-6sWTLeZJI4pku-a8p5jlYU41-OtYttVt-lVqbermnGOMkWaO8ULwk5MTlhC7JBvmhux5I89Aj7)

ihopethisworksfornow

You should be able to find THCa vapes, or edibles. THCa isn’t some sketchy shit, it’s literally just the precursor to THC that exists in weed naturally. The minute you heat it, it’s THC. This “activation” is why it’s good to decarb weed before you make edibles.

AusChicago

I jumped back into EE - it's a godo stock and shows a solid uptrend. Also it looks like my Tenet Healthcare (THC) might pay off. It's recovering and I think I will close with a profit here in the next week or two. Lastly, today I jumped into Akamai (AKAM). Looks promising for the next few days.

RealEstateWindsor

I went off a tangent my apologies lol it's just I'm seeing this all over my feeds and figured I'd chime in regardless being off topic. The bold face lies come from both parties, that's their job. I agree with your other views regarding SAFE, MORE, etc. It's all a circus/game that will eventually halt due to overwhelming demand. THC is proven to decrease opioid use and alcohol consumption in many people. It's definitely not a gateway drug. Alcohol is most definitely the gateway drug. Either way didn't want to get into politics or further this convo any longer. Enjoy your Sunday. 

skyplt29

Not sure how you got out of my narrative that I thought President Trump instructed anyone to murder anybody. Nope. WRT Minnesota, my view is in the rush to recruit more ICE agents they likely fast tracked appropriate screening and training. It is no secret about the various groups who are attracted to this position. Within hours of these killings Noem was mouthing off about protestors trying to "run down" ICE agents with their vehicle or coming at them "brandishing a gun". I did not mean for this to be a political discussion; rather, what I am pointing out is the bold face lies this administration is comfortable telling on most every front regardless of party affiliation. Democrat? I believe that party is equally to blame for the present mess. Joe Biden promised a one term presidency. Despite obvious failing health and cognitive issues he held on to power and consequently undermined due process (proper Democrat leadership convention) that would not have put Harris in the running. In the meantime we had the games being played by both Schumer (soon) and McConnell regarding S3, SAFE, MORE, and SAFER. Republicans just would not give them the votes. All I am seeing out of this administration for the last ten years when it comes to cannabis reform (both Republican and Democrat) are lies. S3 is about as straightforward as it gets...merely recognizing there are medical applications related to a naturally growing plant. Ask many Veterans (I am a Veteran) who have PTSD and for them, CBD and THC has proven to help. THC products are being used to help opioid addicts. Gateway drug? I hardly think so. I use CBD products not for PTSD but to aid with arthritis and sleep. I have for years. but I am not looking to go any deeper down a rabbit hole as a consequence. I am relieved I am not depending on Advil or Tylenol. Sorry for the politics, but as someone wrote earlier this week, weedstocks are unfortunately dependant upon politicians and administrators doing the right thing...and they are not even coming close. Remember the sniffer dogs and one congressman concerned about their future?

CornMonkey-Original

all in on THC until the casino opens. . . then moderate slightly.

vncheetah

THC is not marijuana stock. Do not mislead people dude

Bl1nk9

I didn't realize I would be this excited about CBD again, over THC. Other than a nice 1:1, of course.

KingRegardothe2nd

I know it's become a shitty weedbro meme but have you tried CBD, or even a high CBD to THC ratio say 75% CBD?

GuineaPigHunter

Did not see $THC coming tbh. Palantir or Google would've been my guess. The bud sneaks up on ya.

rockum

For most people, closing the hemp loophole is a bigger deal and Republicans are on the wrong side of that issue. I love ordering THC gummies online and having them delivered to my house.

BarbellPadawan

Dave lost his voice on account of his preferred means of consuming THC. They are really good at jamming though.

Gambelero

Epidiolex was non-intoxicating. I can see the blind observation for something like motor skills, but I just don’t see how you safely administer a placebo that mimics the intoxicating effect. I see all kinds of non-intoxicating low THC studies.

ImmediateWonder9935

Letsgooooooo. [THC](http://aimytrade.io/ticker/THC) everydaaay

xTofik

He is trolling, $THC is a healtcare stock, they operate hospitals.

King_Chron

standardized delivery methods like **drinks, oils, and metered-dose gummies** are exactly how you solve the blinding issue. Moving away from raw flower to these formats allows researchers to use 'active placebos' that mimic the taste, smell, and even minor side effects (like dry mouth or slight sedation) without the primary intoxicating payload. The [FDA](https://www.fda.gov/news-events/public-health-focus/fda-and-cannabis-research-and-drug-approval-process) has already proven this is a viable path with drugs like Epidiolex (an oral oil solution) and Syndros (an oral THC solution). By utilizing **delayed onset** and **blinded central raters**—independent medical evaluators who never see the participant during the window of intoxication—the [clinical trial data](https://www.fda.gov/media/168664/download) remains objective and scientifically valid. In a pharmaceutical Schedule III landscape, the industry will prioritize these precise delivery systems because they provide the 'identity, quality, purity, and potency' required to pass federal scrutiny while effectively masking the 'high' during randomized trials. It probably will not be an FDA approve blunt or joint.........

dayvieee

Revived my port with LEU puts and THC calls

AverageNo130

South Dakota lawmakers have rejected a pair of bills that would have ended the state’s medical marijuana program if the plant is federally rescheduled and to set strict THC potency caps on cannabis products for patients. MM