THC

Bl1nk9

I still think they could do some marketing with pre packaged bags (not my cup o tea, but somebody must be buying the ones I am seeing.) Consistency at scale. Especially if they want to know what experience to expect. I have agreed for many moons that drinks were going to be the significant bridge builder. THC drinks and shots will be its own animal. Fwiw, I have enjoyed the few 10mg drinks I have tried in the past. Keef, & ?? Expensive for the daily, but consistent. I’d enjoy one at a concert.

GeoLogic23

Yes absolutely it's going to be tough to stand out. The beverage industry is extremely competitive in general. Let alone in a hot new market. Right now lots of the existing brands sell direct to consumer (online) and very limited retail. Most do not have the ability to scale to any size without a significant partner in the CPG space. Look at a beverage company like Celsius. They were around for years before they got with Pepsi. Then they became incredibly popular. It's all about getting the product in front of the consumer in the beverage market. Regarding bars only selling a brand or two: * Target is working with at least 6 brands. * Circle K stocks a good amount of brands. * Total Wine stocks a bunch of brands. Pretty much any of the liquor stores that sell THC drinks stock a bunch of brands. But it is a subset of like 20-30 brands that seem to be the ones really scaling well so far. You can go to [Total Wine](https://www.totalwine.com/beer/thc/c/362003), to [Binnie's](https://www.binnys.com/extras/thc/), to [Spec's](https://specsonline.com/shop/infused-seltzers/#results-top), or to any of their websites and see for yourself. You'll notice pricing has become much more reasonable too. Brands that sell in regular retail save so much money on distribution, because direct to consumer beverages is crazy expensive due to shipping. So yea idk why you are focusing on bars when you can see tons of brands being sold in other retail outlets. Bars are definitely reporting THC drinks as a significant factor in them staying in business though. I went to link a comment I remembered making, but it's literally [me already demonstrating this to you](https://www.reddit.com/r/weedstocks/comments/1t4atd8/comment/ok3vikk/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). But even if they only stock a handful, that's a crazy amount of increased distribution for the THC beverage market. Now this part: * I absolutely did not say **most THC consumers** are about the most high for the least money. * I said **people who are smoking** only care about the most high for the least money. I keep pointing out how the dispensary and beverage markets are completely different consumers. Idk why you keep ignoring that. It's literally what started this whole beverage boom. When Minnesota was the first to allow THC drinks to be sold alongside alcohol. Sales exploded instantly, like drinks had never sold anywhere else before. This isn't my opinion. You can look at all the data. Now what happens if Target and Circle K go national? What happens when Walmart sells THC drinks next to beer? What happens when you can buy THC drinks at pro sporting events? I'm not saying any of that is definitely happening. But we have barely scratched the surface of distribution for drinks. If they are regulated, there is a huge ceiling for the top brands. But even the mid-tier brands will get a big boost in their local area. The craft beer boom was very good for local breweries all over the country for a long time.

heliumbox

> No cannabis brands have ever mattered though. Tell that to the folks at /r/TheOCS I don't disagree that drinks will help bring attention/build brands... but it also comes with the very strong caveat that they actually need to be good... they need to be able to stand out from what is bound to be saturation very akin to the craft beer boom. I just don't see them being popular enough to demand dozens of currently occupied shelf distribution space. How many bars (if even ever allowed) are going to stock more than a sparse handful (literally probably 1 or 2 similar to zero alcohol beer options) of different brands. I will continue to push back on the notion that hemp drinks are going to drive significant sales or new attention to the plant. I'm certain there is a *small* market for them, how small or not that is... who knows. I just don't see the juice being worth the squeeze because as you said, most THC consumers are about getting the most high for least money. If drinks are aimed at the small subset of "weed curious" customers and not power consumers, the market shrinks drastically again.

GeoLogic23

I absolutely think we want hemp drinks, but only drinks. I could make a case for gummies too, but definitely drinks. Drinks target a completely different consumer than those who shop at dispensaries. The distribution is within a completely different system. And the manufacturing is a high barrier to entry. I think having them would be a **rising tide lifts all boats scenario**. It opens the door to more GTI/RYM type deals, which are just backdoor ways of advertising cannabis when you aren't typically allowed to. We are also already seeing lots of celebrities and athletes getting behind THC drinks. Even those already in the cannabis market. * From 2023: [Dwyane Wade Launches Cannabis Brand, 'Hall Of Flame'](https://www.essence.com/news/money-career/dwyane-wade-cannabis-hall-of-flame/) * From Today: [The THC Drink Dwyane Wade Wanted Didn’t Exist — so He Created It](https://www.foodandwine.com/dwyane-wade-cann-collaboration-half-and-half-cannabis-drink-12032436) >The NBA Hall of Famer’s new Cann collaboration includes a microdosed THC beverage and the brand’s first THC-free drink, each made with yerba mate for a gentle caffeine lift Drinks are just so much better for brand building, and brands are what win in developed markets. * Smoking isn't going to be advertised by major companies, and pre-rolls all look the same. * Gummies are eaten in a moment, and they are tiny. * Drinks take a while to consume, while prominently displaying the brand name. No cannabis brands have ever mattered though. People who are smoking only care if it's cheap with high THC, and maybe about terpenes if they know their stuff. But they don't care whose brand it is. That's been clear for many years. Recreational flower is just a commodity. Lowest price wins. However when you are going to be holding onto a drink for an extended period of time in public, brands will matter more. And the goal with drinks is really to mainstream THC use. Beverages are a familiar format. Lots of people will stick to low dose options and that's great for them. But the rising tide lifts all boats part is when new low dose THC consumers realize they really like THC. Then those people go to a dispensary. Then all of a sudden cannabis brands DO matter, because **if they were drinking Rythm drinks to get them into the dispensary, they are far more likely to choose a Rythm cannabis product.** In theory. It's much easier to advertise a brand to a novice THC consumer, than to try to convince a stoner to buy Wiz Khalifa's overpriced mids.

UsedState7381

We actually need a carve out for THC beverages, not having that will directly hurt the bottom line of Green Thumb and Trulieve, not to mention the LPs that are dabbling in the USA market via THC beverages.

AverageNo130

A coalition of alcohol retailers are cheering Senate leaders’ inclusion of provisions in a key funding bill to [delay the planned federal recriminalization of hemp THC products](https://www.marijuanamoment.net/senate-gives-hemp-thc-products-a-lifeline-by-including-provisions-to-delay-planned-federal-ban-in-new-spending-bill/)—saying it provides industry supporters with more time to convince Congress to “establish a responsible federal framework for low-dose hemp-derived THC beverages.” MM

Allout-Okarun

Farmers carries in the sun, groceries and meal prep, cleaning the house, then a large dose of THC+researching next plays+hogwarts legacy before HoD and Sunday scaries

ImCaffeinated_Chris

THC vaginal lollypops

GeoLogic23

Cannadips is a CBD/THC pouch product that's been around for years. I follow them because they have a few different connections to Altria. One of the things I have followed about them for years is the pharma company Lexaria Biosciences. Lexaria was an investment by Altria, and Cannadips used their technology in their pouches until the last few years. Lexaria worked with Altria on nicotine R&D in the US since 2019, and also worked with BAT on nicotine R&D outside of the US in 2020. They have also worked with CBD/THC beverage companies. As of at least 2025, [Altria was still a shareholder](https://lexariabioscience.com/2025/06/23/lexaria-reaches-patent-milestone-50-patents-now-granted-worldwide/) and rights holder to Lexaria's tech for use in nicotine products. >Altria Ventures Inc. the 16.67% shareholder of Lexaria Nicotine LLC, holds a non-exclusive license to the use of DehydraTECH with nicotine products. In recent years, Lexaria has been more focused on trying to use their tech for the GLP-1 market. But they gave a [business update on 7/6/2026](https://www.thenewswire.com/press-releases/1B2aFdREV-lexaria-updates-business-development.html) with this paragraph: >In addition, Lexaria is pleased to report that interest in DehydraTECH technology is expanding once again outside of the GLP-1 industry. **Lexaria has recently received renewed incoming corporate interest in the DehydraTECH-CBD and DehydraTECH-nicotine sectors** where the Company has conducted extensive previous R&D validating the efficacy of the DehydraTECH technology. Now if it was just renewed interest in CBD, it might be their beverage/food connections. But it's interesting that they have renewed interest in both CBD/Nicotine at the same time. Given the type of products that they use their tech in, the obvious crossover between CBD/nicotine would be in pouch products.

AverageNo130

Rep. James Comer (R-KY), who chairs the House Oversight and Government Reform Committee, is circulating legislation that would delay a planned federal ban on hemp THC products and institute some regulations—including packaging requirements, testing rules and age limits. MM

ForestThroughDaTrees

A few companies have tried cannabis pouches but they end up getting absorbed through swelling your spit and then into your liver. So they’re no different than a standard edible. If Capsoil has figured out how to get THC to go directly into your blood it would be interesting.

GeoLogic23

Here are a few of the things I was thinking about why pouches may be a choice for some people/companies. This is stuff I've been thinking of for a while, because I used to follow another pouch company called Cannadips. Cannadips has long been an investment by Poseidon (Tilray connected), have connections to big tobacco (Altria), and use emulsion tech connected to pharmaceutical CBD (Lexaria Biosciences). Absorption. * Pouches absorb directly into the bloodstream instead of going through your digestive system. Should mean quicker more consistent dosing, and may help people who aren't affected by edibles. Regulation. * A different form factor could come with different regulatory approvals. We have already seen this administration be friendly to ZYN. I could see big tobacco getting a pouch with CBD approved as a less harmful smoking alternative. There are studies about CBD being used for cravings like nicotine. If they were trying to get an ingestible product approved, it wouldn't be regulated by the TTB, it would be the FDA. Distribution. * Tilray is aligning themselves with alcohol distribution for THC drinks, where the convenience store market is a big focus area. Gummies are better for retail that distributes supplements. But pouches would make a lot of sense to be sold at convenience stores alongside beverages, since convenience stores already sell nicotine pouches in an age-gated way. Convenience. * Pouches are very small and easy to carry. A construction worker for example, would rather carry pouches than have a bunch of melted gummies at the end of the day. Also very easy to mix a THC pouch with a caffeine/nicotine pouch to get the hippy speedball effect. You don't have to keep a pouch cold like a drink. Doubt THC pouches are going to replace white Monster Energy for construction workers anytime soon though lol Safety. * I know there is some concern about nano-particles accumulating in vital organs. It's one reason the EU set a very low safe threshold for CBD in food right now. They just don't' have enough long term safety data yet. A pouch product being absorbed in your gums might not have that same issue, but I'm not sure if that's the case or not. Think of it this way. People could get their nicotine fix with **nicotine gum**. But they don't. They could use **nicotine lozenges**. But they don't. Yet **nicotine pouches** became the next big thing for some reason. And this is me purposefully playing the pro-pouch side of the argument. I don't use any sort of pouch product myself, so I honestly don't understand why it's so appealing. But I can't argue with the numbers lately in the tobacco industry.

GeoLogic23

I have said it a bunch, but my thoughts are that their plan literally is to moth ball those underperforming alcohol assets. I think they are waiting to switch them out for THC beverages. They just can't moth ball them until they are actually allowed to replace them with their THC brands, or else someone else will take that distribution and retail shelf space. Remember that there aren't even THC beers on the market right now, and a lot of Tilray's shelf space and consumer base is beer. So until hemp is resolved, the losses they are incurring on those alcohol brands are essentially just renting them shelf space, until they can properly utilize it with higher margin THC drinks.

AverageNo130

States that impose high tax rates on regulated marijuana products are driving adult consumers to the illicit market, according to a new federally funded study published in the journal Health Economics. MM >Banning Hemp THC Products Drives Consumers Toward Licensed Marijuana Businesses, Poll Shows. The survey was conducted by cannabis telehealth platform NuggMD and provided exclusively to Marijuana Moment.

manualCAD

There is not a person out there who has"issues with edibles" that will utilize this pouch form..... There is literally a THC product that is tasteless powder you can add to anything. These pouches don't serve any actual market...they are just trying to tag along on the pouches trend/fad.

GeoLogic23

Tilray recently introduced a new THC pouch product. Kind of odd, considering pouches haven't been that big in cannabis. Of course they are huge in the tobacco world, but Tilray is mostly alcohol connected. Tilray's primary connection to tobacco is their years long partnership with BAT-funded Charlotte's Web. Tilray's new THC pouches use an emulsion technology that is made by [Capsoil Technologies](https://capsoil.com/liposoll/). Capsoil is funded by Matthew Bronfman, whose family built the liquor brand Seagrams. Capsoil at one point had their own California edibles brand called It's All About Choices. They did lots of powdered edible mixes, [including THC infused potatoes!](https://itsallaboutchoices.us/mixes/garlic-mashed-potatoes/) Matthew Bronfman and his son Zeke also have a current alcohol venture called Next Century Spirits. At this company they have partnered with golf legend Greg Norman to launch Caddy Cocktails. Years ago Greg Norman was [partnered with both Tilray and GGB (Aphria)](https://www.newcannabisventures.com/green-growth-brands-taps-tilray-and-authentic-brands-for-greg-norman-branded-cbd-products/). Zeke Bronfman would also start another company in 2023. This is a [powdered supplement company called The Absorption Company](https://www.absorbmore.com/). This company uses Capsoil's technology. Thus far I have only found a few companies that use Capsoil, and they are all directly connected to the Bronfmans. So if that pattern holds, Tilray should have a current connection to a Bronfman company. * Tilray has been partnered for years with Charlotte's Web, whose chairman is supplement industry veteran Angela McElwee. * In April of 2025, Angela McElwee was appointed executive chairman of Zeke Bronfman's The Absorption Company.

AverageNo130

Wisconsin’s governor is pushing congressional lawmakers to take action to [“prevent mass disruption of the hemp industry” by stopping the planned federal recriminalization of hemp THC products](https://www.marijuanamoment.net/wisconsin-hemp-business-owners-worry-about-newly-approved-federal-ban-on-thc-products/) that’s set to take effect later this year. MM

Hot_Sacks

Wth how is THC at 358 in pre market after it already popped last week from earnings

IvoryTowerResident

you missed the best one THC

manualCAD

I'm seeing TLRY's new thc pouch product announcement. Has anyone here ever used THC pouches? Thoughts? Why would I ever use a pouch form over just eating an edible (unless I was trying to wean off nicotine pouches)?

Allout-Okarun

Good weekend to start a caffeine and THC detox but how will o trade without my superpowers

AverageNo130

Sen. Tim Sheehy (R-MT) is previewing forthcoming bipartisan legislation to reverse the scheduled federal recriminalization of hemp THC products this year and replace it with a new regulatory system that includes age limits and taxes. He said the issue is “important to me personally” as a wounded veteran “who has a lot of friends who’ve gone through various stages of healing after the war” and also as someone who represents an agriculture-focused state. MM

Equivalent_Smell_325

I've been on the sideline looking at this stock for some time now Here are the bad things I noticed: \- like all LP their cad business is not doing well, net fell by 9%, margin declined by 2% to 31%, adjusted EBITA fell 82% to just 0.9 mil CAD. And free cash flow was negative at 7 mil \- dilutions that may or may not happen due to the sanity acquisition \- lost another 5.8 mill due to the hemp THC business dying in the US good things I noticed: \- probably still no 1 in the Cad market for rec cannabis? \- sanity's revenue gross margin last year went from 15% to 47%, so it's a good acquisition, OGI said they are expecting around 25 mill EURO in average quarterly revenue over 2026 \- BAT is still committed just my own 2c

Charming-Rooster7462

unfortunately this isn’t helping the state of NC. there has been a law put in place to mess up the whole THC hemp drinks. 🤬

CornMonkey-Original

ask for medication and supplement with 2x THC and you’ll be great. . . this is not financial advice, but could be a useful strategy - so I’ve heard.

DaveHervey

Nice to hear a crop was harvested. thanks for the news read this article and you might believe its a bigger market: Opinion: The Coming Divide Between Pharma THC and Retail Cannabis https://www.reddit.com/r/TLRY/comments/1us20dh/opinion_the_coming_divide_between_pharma_thc_and/ "2. Cannabis crosses the U.S. border legally for the first time April’s rescheduling order did something no cannabis policy before ever did: It placed marijuana drug products and state-licensed medical marijuana on the Schedule III import and export list. A single cannabis-derived drug had crossed under research permits before. This is a standing commercial pathway, and that is new. Every country that spent the past decade building medical cannabis for export — Israel, Colombia, Canada, the Netherlands — now has a legal door into the largest market on earth. The first permits will move FDA-approved products and Active Pharmaceutical Ingredients. State-licensed material is likely to follow as the frameworks catch up. But the wall around American cannabis was the last one standing, and it just grew a gate. Once foreign material lands cheaper than domestic material, the pressure runs in only one direction".

Beginning-Fig-9089

Caffeine and THC, im ready for Power Hour!

Severe-Selection-256

Fk had some THC gummy’s yesterday passed tf out early I thought that only happend to seniors LOL

GeoLogic23

[Beam Suntory](https://en.wikipedia.org/wiki/Suntory_Global_Spirits) (now Suntory Global) is the Japanese liquor company that bought Jim Beam. Jim Beam is often associated with GTI, because Ben Kovler's family made their money building Beam. Until a few years back Suntory had their US headquarters in Chicago. There were also rumors a couple years ago that [Suntory was going to acquire Boston Beer](https://www.reddit.com/r/weedstocks/comments/1d4piqr/comment/l6jfawi/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). Boston Beer is one of the alcohol companies that really want hemp beverages to be regulated. They've been doing THC beverages in Canada for years. The Suntory/BBC talks were interesting to me because GTI was also publicly trying to merge with Boston Beer around that time. [Beam Suntory and Boston Beer already have a partnership](https://www.bostonbeer.com/news/2021/07/beam-suntory-and-the-bbc-partner-to-expand-iconic-brands) where they support each others brands, such as Truly. Beam Suntory just posted their first 2026Q2 lobbying disclosure. This marked [Suntory's first ever mention of cannabis/hemp](https://lda.senate.gov/filings/public/filing/612e8e67-77bc-4034-ad2e-5cae47326667/print/): >Issues related to taxation of hemp-derived beverages.

GeoLogic23

I think the following is a better way to summarize my opinion. I don't know whether it will be fuckery through rescheduling bifurcation, through SAFE having THC limits, through a replacement 280e tax on rec, or something else. I just don't think we emerge on the other side of this with the federal government treating medical and recreational cannabis exactly the same. I just cannot see them giving a big break to smokeable high dose recreational cannabis, without there being some sort of catch involved that gives medical cannabis a leg up.

GeoLogic23

>Your bias is that you think it is a better investment Do you think that I only invest in hemp/CBD opportunities??? I think you may only notice those comments because they stand out against all the MSO talk. I think there are great investments all over the place, which I often talk about. I just don't like the largest public MSOs because they have too much debt and no path to serious profitability. I thought I had been pretty vocal that people were sleeping on Glass House. They had been my biggest MSO investment for a while (technically not an "MSO"). After the raid I argued it was a buying opportunity, which was correct. Recently I brought up LEEF as a micro cap that should be considered due to the importance of extracted products in the upcoming CPG cannabinoid landscape. I am up about 60% on my LEEF investment from the time I brought them up. I often talk about InterCure, which is an Israeli medical cannabis company I have followed for years. Been able to trade my way to a little profit and a really good average. I have long discussed them as a company nobody talks about, with an abnormally high level of both risk and reward. I have also talked for years about Miracle Gro moving on the US THC market, by doing a roll up of smaller operators. This is exactly what Miracle Gro is now doing with Vireo. Because of cannabis I am a long time investor in Miracle Gro, and more recently in Vireo. Though I am trying to invest in Vireo via Fluent. Something I also discussed here. Idk why that deal hasn't closed yet. I could go on with more examples. Pretty much the **only** part of the hemp/cannabis market I am not heavily invested in are the largest MSOs. My only exception to that was GTI.

heliumbox

I just don't see the argument as "is recreational weed medically beneficial" that isn't the point of recreational substances. It doesn't have to be medically beneficial. So if "getting high" isn't the point of the drug then medical weed would already be shot down and we'd only have THC free medical for the actual compounds. The argument is really "is getting high for recreation" allowed. What constitutes abuse is wildly up for interpretation and varies by many many factors. S3 IMO makes very little sense for a recreational substance. Either it gets descheduled or remains illegal because for some reason weed needs to pass impossible standards other recreational substances never could. And as far as your bias/GOP bias is concerned it is just that, a bias. GOP is bias because they have big money behind it and they hate people having control over their own decisions. Your bias is that you think it is a better investment, which is fine and likely correct in our current political landscape. Personally I see hemp as a horribly low margin consumer good with low barrier to entry and an already and easily saturated market. Will reform / reinstating the loop hole come before recreational weed? almost certainly. Will it make enough money to justify investing in it? Who knows.

Lebempe

https://www.nist.gov/news-events/news/2025/07/nist-makes-first-detection-cannabis-breath-edibles "In the new study, NIST’s partners at the University of Colorado Anschutz Medical Campus observed 29 participants who each brought a cannabis-infused gummy to the lab with them. The edibles contained anywhere from 5 to 100 milligrams of THC. Researchers first took a breath sample from the participants before they ingested the product. Then they observed each participant for three hours, obtaining breath samples approximately every hour. NIST researchers measured the concentration of THC and other cannabinoids in breath at those intervals. They detected THC in most of the participants before they took the edible, even though they had been asked to abstain for eight hours before the study. That wasn’t surprising. Our bodies process cannabinoids slowly, taking weeks to get them out of our systems compared with hours for alcohol. The researchers found that 19 of the participants showed significant increases in THC in the three-hour period after ingesting the edible. Many of them exhibited a peak and then a decline in THC concentration during that time. Four of the participants did not show any change in THC, and six showed only a decrease from their first breath sample."

GeoLogic23

>And there being "no long term safety data" is just really being willfully ignorant. Most studies you have read about are not the type of studies the federal government uses to make decisions on drug safety. The EU literally set a crazy low range for just CBD very recently, because they don't even have long term health data on CBD. Let alone for THC. [https://www.reuters.com/business/healthcare-pharmaceuticals/eu-food-agency-sets-safe-consumption-level-hemp-derived-cbd-2026-02-09/](https://www.reuters.com/business/healthcare-pharmaceuticals/eu-food-agency-sets-safe-consumption-level-hemp-derived-cbd-2026-02-09/) >"Uncertainties remain regarding the kinetic behaviour and the effects of long-term consumption of CBD on the liver, neurological functions and the reproductive and immune systems," it noted. And we don't have to even reference any data to know cannabis is one of the most widely abused drugs out there. It's been "abused" for centuries. In this case "abused" means using it to get high, rather than to treat a medical condition. Are you saying most people are not smoking cannabis to get high? That's what abuse is in terms of the drug rescheduling criteria. The amount people are allowed to purchase in a recreational state has nothing to do with whether the federal government thinks people abuse medical cannabis. It's an open secret that many medical programs are essentially backdoor recreational because it's so easy to get a card.

GeoLogic23

Not sure, but this is smokeable CBD biomass, while most of the discussion about oversupply from LPs is about THC flower I think? I'm not sure what the market is for CBD biomass at the moment over there. I assume it's just as oversupplied though. Maybe they just dumped this for a low price in order to get the "international" headline? Since they say this was planted for commercial hemp in Winter 2025, maybe they just wanted to get rid of the inventory before it got old. They say their long term plan is to use this grow for the US Medicare CBD program and that Europe is just the initial focus. So not sure if this Europe connection even continues long term. And another first thought was that if it were in Germany I think they'd say so, since that's the most attractive market.

GeoLogic23

This is pointless until it goes through committee though, right? That's where we see whether or not they try to amend it to match Trump's THC limits or anything like that. Remember that was the kind of amendments to SAFE that the GOP led Senate [were considering in 2019](https://www.reddit.com/r/weedstocks/comments/1ujktif/comment/ouqsn9p/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button). >Among other amendments being floated for public feedback is a **2 percent THC potency limit on products in order for cannabis businesses to qualify to access financial services** as well as blocking banking services for operators that sell high-potency vaping devices or edibles that could appeal to children.

BFox1982

I really don't know how people can handle THC. Ate a 5 mg gummy on Saturday and I've been paranoid ever since.

PaperHandsTheDip

THC drinks often hit \~45-60 minutes, consistently. High is a bit stronger than edibles but not as strong as smoking it. Tends to last not quite as long as an eddy either - as it's absorbed all at once / much quicker (also the reason for slightly higher high). Onset, \~45 minutes, length \~2-3hrs. Give it \~4-5 hours for entire trip. Tends to peak just after \~60-90 minutes. Mechanism is the same as an eddible -> bloodstream -> liver -> head. So the high is the same in that aspect. The difference is that your gut doesn't have to digest / break it down (and do a slow absorb thru intenstines). It's already in liquid form / absorbs thru stomach walls -> bloodstream that way.

trent_upscale

If you're reading this and you're high on THC Me too, bud

vsMyself

No. That's only what went on to place immediately with that order. This hearing is for cannabis the plant. They could limit THC but not how it's sold (rec vs medical). The arguments this board comes up with are Ludacris sometimes

Plastic_Ostrich897

# Weed pens got people taking a 90% THC rip during every 30-second inconvenience in life 😭

Plastic_Ostrich897

# Weed pens got people taking a 90% THC rip during every 30-second inconvenience in life 😭

CornMonkey-Original

full THC saturation is my optimal trading method. . . highly recommend

CornMonkey-Original

THC saturated is the new resting state. . .

CornMonkey-Original

not anymore - now I’m just perpetually THC saturated. . .

GeoLogic23

Trump is again stopping a bipartisan bill to try and help himself get reelected. Just like when he tanked the bipartisan border bill prior to the last election. Meanwhile the White House is again proclaiming their [desire to have the hemp ban modified](https://www.marijuanamoment.net/white-house-pushes-congress-to-ensure-fair-treatment-of-hemp-products-by-calling-off-broad-recriminalization-law-set-for-november/) to allow full spectrum CBD products. It just seems so unlikely to me that this goes through in its current state, with the White House clearly opposed to it. I feel like it's much more likely it is eventually amended to align with the Medicare CBD policy, which allows for 3mg of THC. >The program being implemented by the Centers for Medicare & Medicaid Services (CMS) focuses largely on CBD but also allows products to have up to 3 milligrams of total THC per serving. I don't know how the federal government could implement the current hemp ban that says >0.4mg THC is unsafe, while simultaneously reimbursing senior citizens for buying 3mg THC products.

skyplt29

The few of us left on this subreddit are tuned in; however, I expect most retail investors have moved on to other sectors and there is little if any interest in the upcoming hearings. The overarching question for me is the impact rec S3 will really have. Many of these MSOs will need to completely change how they conduct business. Going one step further, federally legal would mean no more State moats. I surmise a ton of mergers and acquisitions to try and scale. What impact will rec S3 actually have on how legal states operate? How will those remaining states that have not legalized handle things. I have no idea. As we have seen over and over, often times it hinges on the attitude of one person (Governors) and how they interpret the ramifications. Even when a State goes legal, taxes and price compression stifle any significant progress. I am hopeful we will see more clarity come mid July...and would be monumentally pleased if we got some sort of black swan event. But I think that would be dreaming in Technicolor. Right now I am glad to see MSOS green. Not by much (oops, just went to neutral as I write). My view is there will need to be a number of successive green days (even if it is just pennies) for most of these MSOs before mainstream retail investors notice. Hard to attract investors when it is consistent declining charts and red numbers. Volume is also very telling. Of late it has been anemic at best. So far today MSOS has traded about 2.7M shares, a long way from its daily average of 9.2M. Charlotte's Web has been flatlined on both volume and price for the last two hours...not a sausage. Glad to see it recovered from that brutal -13% day (still no reason that I could dig out). Trulieve? Well, so much for the idea uplisting being key to finding a new group of investors. I do believe eventually we will see a more liberal approach to cannabis; especially as politicians and investors come to understand the difference between CBD and THC, hemp and marijuana plants and how it all ties together. Until then it will continue to be the 20 or so folks here that keep the lights on.

GeoLogic23

When ingestible CBD products are sold at regular retail stores, whose products to you think are going to be stocked at Walmart? Also one of their most important sources of value is their genetics, which they own and have **utility patents** on. Their drug is being put through the botanical drug development pathway, which is only possible because they own very stable and well-known genetics. When Florida first started their low-THC medical market, it was started explicitly by approving the Charlotte's Web genetics. There is a history of CWEB having first mover advantage in medical CBD products under GOP influence. The same family is still running the company. CWEB was originally pushed by close Trump associate Matt Gaetz, and now they have BAT's lobbying to get their products approved as well. We've had reports recently (flavored vapes) of [BAT potentially directly influencing policy in this administration](https://www.reuters.com/legal/litigation/big-tobacco-comes-out-top-after-us-fda-shake-up-2026-05-26/). >In the days before the May meeting, Reynolds American, a unit of British American Tobacco, donated $5 million to Trump-aligned super PAC Maga Inc, campaign finance filings show. [Florida Senate Approves Charlotte's Web Medical Marijuana](https://www.cbsnews.com/miami/news/florida-senate-approves-charlottes-web-medical-marijuana-bill/) >"The bill puts some restrictions on the use of the marijuana strain known as Charlotte's Web. It can have no more than 0.8 percent THC, the chemical that makes users feel high. On average, marijuana has about 15 percent THC, according to the National Institute on Drug Abuse. The strain has normal levels of cannabidiol, or CBD, which is used to treat seizures." >"Support for the bill, sponsored by Republican Rep. Matt Gaetz..." So it's not necessarily about their brand. Though that will be important when marketing is really allowed, because can you even name another CBD brand the general public would ever have heard of? But it's really more about the hemp genetics and political influence that are behind the brand.

foamboardsbeerme

i put a bunch into CAH/THC/MCK i mean just look at the stock its ready to reverse

TroubledAcorn

From what I am seeing, it looks like THC Drinks are getting a carve out at the before Nov ban. Thats just my opinion of what is happening politically. If we get certainty on THC drinks RYM will be a no brainer. I think its has potential regardless of the drinks as IP holder for GTI, but with Drinks on the table it has massive upside.

No_Firefighter9356

Are there any substances on the schedule that are found in two places? Like fentanyl is schedule 1 if you want to get high, but 3 if you are using it for surgery? I don't think so...THC by analogy is either 1 or 3 not both, no? Adult use should theoretically then be a ground ball.

skyplt29

I actually think "half empty" is being optimistic. In most cases these glasses are about 90% empty. I tdo not foresee the comeback that many seem to be hoping for. I will give Competitive Ant credit for comparing cannabis to coffee. It is a plant, albeit (I believe anyway) with far more useful benefits. There is significant potential for hemp beyond the actual CBD and THC products. I doubt we will see those heady days of 2018, or even 2021. I do remain hopeful these hearings in two weeks might provide more clarity on where this is headed. However, my journey in this sector is winding down. It is tough to look at the charts these days. BTW, I do not see too many posting rocket emojis. Those days are over.

skyplt29

The DEA has granted permission for VA researchers to import standardized marijuana extracts and THC for clinical trials, marking a significant regulatory shift in federal cannabis research policy. This authorization allows the VA to bypass current restrictions on domestic cannabis research materials, which have historically been limited to low-potency products from a single federal supplier. The move enables controlled studies using consistent, pharmaceutical-grade cannabis preparations that more closely mirror what patients actually use in legal states.

SwordfishOk504

Of course it will. Because it will be a very limited, medical-only program, potentially even limited to products like high cbd oils, not THC flower.

Hefty-Feed1400

NFA, but I was looking for something similar this past week and found IXHL, Incannex Healthcare. This is based on Gemini deep research I did: The Candidate: Incannex Healthcare (IXHL) Incannex is a clinical-stage biopharmaceutical company that recently completed a massive strategic financing round. It is currently exhibiting the textbook anatomy of a micro-cap powder keg. 1. The Deep Value Setup (Negative EV) IXHL's market capitalization is currently sitting around **$46 million**. However, following a recent institutional financing round, they reported holding approximately **$75 million in cash** with absolutely **zero debt**. This means they are trading at a deeply negative Enterprise Value. The market is effectively valuing their core clinical business, their pipeline, and their intellectual property at negative $29 million. You are buying the cash at a discount and getting the entire company for free. 2. The Cap Structure & Runway Unlike the toxic micro-caps that dilute on every 10% spike, IXHL is fully capitalized. The $75 million cash position provides an immense runway to fund their near-term development activities. Even more critically, instead of telegraphing an At-The-Market (ATM) dilution, management recently reactivated a **share buyback program**. This is the ultimate signal of confidence in a micro-cap; it tells the market they believe the stock is drastically undervalued and they have no intention of crushing the float with new supply. 3. The Catalyst A cheap valuation doesn't matter if there is no reason for volume to enter the stock. IXHL has a massive, binary catalyst on the horizon. They hold an FDA Fast Track designation for IHL-42X, a treatment for obstructive sleep apnea. They have just commenced their Phase 2 crossover dose-optimization study (the "DReAMzz" study). In the biotech world, clinical trial dosing and data readouts act exactly like INHD's AI partnership—they are the spark that ignites the low-float powder keg. To understand why the market is paying attention to IXHL, you have to look at the massive disruption potential of IHL-42X. Currently, the multi-billion-dollar Obstructive Sleep Apnea (OSA) market is dominated by CPAP machines. While effective, CPAP compliance is notoriously low because patients simply hate sleeping with a noisy, restrictive mask strapped to their face. The "holy grail" for sleep-respiratory medicine is a simple, non-invasive oral pill that can replace the machine. That is exactly what IHL-42X is designed to be, and the clinical data is backing it up. The Science Behind IHL-42X IHL-42X is an oral, fixed-dose combination of two existing, well-understood active pharmaceutical ingredients: 1. **Dronabinol (synthetic THC):** Acts on the nervous system to dampen vagal feedback, stabilize respiratory muscle patterns, and keep the upper airway dilated. 2. **Acetazolamide:** A diuretic that alters blood pH and CO2 levels, stimulating the brain's central drive to breathe. By combining them, Incannex created a synergistic effect. The drug attacks sleep apnea from two different biological angles simultaneously, allowing them to use ultra-low doses of both compounds. This maximizes the therapeutic effect while minimizing side effects. Why the Market is Watching: The Clinical Catalyst Biotech valuations move violently on data. IXHL is currently in the middle of a major transition from early proof-of-concept to late-stage validation. **1. The Proof (The RePOSA Trial)** In their completed Phase 2 trial (RePOSA), IHL-42X delivered data that exceeded market expectations. **Massive Efficacy:** The drug reduced the Apnea-Hypopnea Index (AHI)—the primary medical measurement for sleep apnea severity—by an average of over 50% in the low-dose group, with some patients seeing reductions as high as **83%**. **Clean Safety Profile:** Because it uses low doses, the drug was extremely well tolerated. Crucially, blood tests showed that the morning after taking the low-dose pill, patients' THC levels were *below* legal impaired driving limits. This removed a massive commercial hurdle. **REM Sleep Preservation:** Unlike many traditional sleep aids that ruin sleep architecture, IHL-42X did not suppress deep, restorative REM sleep. **2. The Catalyst (The DReAMzz Study)** In May 2026, Incannex officially commenced its next major trial: the **DReAMzz** crossover dose-optimization study. They have activated 14 clinical sites and fully manufactured the drug supply. This study is designed to fine-tune the exact ratio of the two ingredients before heading into a final Phase 3 pivotal trial. In biotech, trial commencements, interim enrollment updates, and final data readouts from a study like DReAMzz act as massive, binary volume triggers for a stock. **3. The FDA Fast Track Moat** Because CPAP intolerance is such a widespread medical issue, the U.S. FDA granted IHL-42X **Fast Track Designation**. This allows Incannex to communicate more frequently with the FDA and potentially accelerates the drug's path to market approval. You are looking at pre-split ghost data. It *did* have a massive, bloated share count, which is exactly why it flew under the radar of most micro-cap screeners for so long. Here is where the confusion is coming from: in late February 2026, IXHL executed a **1-for-30 reverse split** to clean up their cap structure.  Before that split, the share count was heavily diluted from its time listed on the Australian stock exchange before redomiciling to the US. But that massive float is completely gone now. The Actual Share Structure Today If you look at their current SEC filings as of June 2026, the share structure is as tight as it gets: **Total Shares Outstanding:** \~11.96 million **Tradeable Float:** \~11.8 million At a share price hovering around $3.00, an 11.8 million float is the definition of a powder keg. This is exactly why it fits the INHD setup. When you combine a tiny float of under 12 million shares with a $75 million cash pile and an impending Phase 2 clinical data readout, you have a setup where any sudden surge in retail or institutional buying volume will hit a brick wall of zero supply. That lack of supply is what forces the price to violently re-rate upward. Because Incannex officially commenced the DReAMzz Phase 2 clinical study just weeks ago on **May 14, 2026**, you are currently sitting right at the front edge of the catalyst window.  In the biotech sector, a clinical trial is rarely a single catalyst; it is a sequence of milestones that steadily de-risk the asset and draw in institutional volume. Here is the chronological sequence of triggers the market is watching for right now: Trial Commencement (Completed) Incannex officially initiated the DReAMzz study, confirming that all 14 clinical trial sites were activated and the necessary drug supply logistics were locked in. First Patient Dosed (imminent) In their prior updates, management guided that actual patient dosing would begin "in the coming months." With the trial infrastructure now live, the formal PR announcing the first patient dosed is the immediate near-term volume trigger. Enrollment Completion (late 2026) As the 14 sites cycle patients through the crossover dose-optimization protocol, the announcement that the trial is fully enrolled will signal that the data-gathering phase is locked and the countdown to results has begun. Top-Line Data Readout (tba) This is the ultimate binary event. This data will dictate the exact, optimized dosage formulation of dronabinol and acetazolamide that Incannex will take into their pivotal, FDA-cleared Phase 3 program. The market will violently re-price the stock based on these efficacy and safety numbers. The anger on Stocktwits is 100% justified. The setup I described—the tight float, the cash pile, the negative EV—is the reality for *new* money entering today. But to build that pristine balance sheet, management absolutely brutalized their legacy shareholders. If you are reading the sentiment boards, you are reading the grievances of massive bagholders. Here is exactly why retail investors are furious with the board:

Visual-Try-8081

They’re really beaten down right now. I know everyone hates Irwin because he gets paid around $1 million per month and still can’t stop the dilution. On the other hand, I think the recent BrewDog acquisition was a good move, so in my view it was worth it. Their European operations have been improving quarter after quarter, while the MSOs have almost no international market share. To add one more point (this is more of a long-term thesis), I’m confident that THC beverages will eventually be allowed in the U.S., and when that happens, Tilray will be well positioned to benefit. That said, I still dislike Irwin because of his compensation and the lack of shareholder value creation, so I only hold 1,000 shares.

LandStander420

Here’s the info we’re missing. Are you regulating pain? Trying to reduce anxiety? Looking for a better night sleep? If you’re curious and just “experimenting.” Based on the information provided, DO NOT EAT ANY PART OF THE 1k GUMMY. 5mg is your absolute max. They do sell 1.5 & 2.5 mg, that’s a much better choice. Before diving in, maybe try a low dose of CBD. Then try a low dose of CBD with 1.5 mg of THC

GeoLogic23

**Corn Rules Everything Around Me(thane)** Jim Baird is a Congressman from the midwest state of Indiana, where corn is a major crop. The US relies extremely heavily on corn for both food and fuel, which creates strains on our food supply as energy demands increase. It's not an ideal situation, so energy companies are often investigating other biofuel feedstocks that don't impact the food supply. Jim Baird was pushing for [CBD regulations to be included in the Farm Bill](https://baird.house.gov/news/documentsingle.aspx?DocumentID=266) when it was first coming up for renewal years ago. Jim Baird more recently introduced the bill to [delay the hemp ban](https://baird.house.gov/news/documentsingle.aspx?DocumentID=2520). Jim Baird's chief of staff left in 2022, and was one of the first lobbyists signed by the Cannabis Freedom Alliance. This was the cannabis advocacy group backed by **Koch Industries.** These same lobbyists worked for the **Midwest Hemp Council.** Right after Trump won, Peter Thiel's Tilray formed a lobbying group to push Republicans for cannabis reform. Their lobbyist Patrick Raffaniello was strongly connected to oil and gas lobbying, and also worked for the Advanced Biofuels Association ([Hemp Biofuel](https://advancedbiofuelsusa.info/driving-toward-a-greener-future-with-hemp-biofuels)). Prior to switching to Raffaniello, Tilray's group was using 2 lobbyists that worked for Dentons (Michael Auerbach's firm). * Alex McGee - Came to Dentons from working at Koch Industries * Andrew Shaw - Specialized in energy and environment issues, [including climate change mitigation and adaptation, renewables](https://www.dentons.com/en/about-dentons/news-events-and-awards/news/2020/february/dentons-us-elects-five-partners-in-washington-dc), nuclear power, natural gas, trade, transportation and tax. Most people have kind of forgotten about industrial hemp, but I think the infrastructure has just taken a while to build out. Especially due to COVID. If we're able to start using hemp for renewable fuels like ethanol and methane, it can alleviate pressure on corn, while being far better for the environment and also creating a giant source of natural CBD. Having a real global CBD market would make the hemp biofuel market uniquely profitable compared to other biofuels. Especially if there is also a CPG market for the lower amounts of THC that can come from that hemp. Jim Baird was questioning the agricultural secretary last week on her feelings about hemp. Clearly he has [biofuel on his mind](https://youtu.be/fSsWRFb-RwI?si=vC8AicS9fJcnq8pj&t=223). >***Jim Baird****: Do you got any thoughts on what we might be doing in regards to the hemp and where you stand? There's a November 12th deadline coming up. Got any thoughts on what we might need to do, or where we're headed next. I'm talking about industrial hemp, with the fiber production.* ***Because that has to do with turning it into methane and that sort of thing****.*

FacebangsTucans

Sold my $350 puts yesterday would’ve been 4600 today, wasn’t able to enter a trade because of settlement I tracked would made 1250 . Just a young guy trying to make a small amount of capital.. feeling depress today stop loss popped lost 200 Last 400 riding on next Friday calls. Might seem little to you guys but I make $26 hour don’t have much to my name but I’ve pulled off some incredible trades before (5200% gain on NTFL worst earning ever) flipped 500 with 3 day trades into 4k etc.. I like to think I have what it takes to do well trading. Been working on discipline, stop losses, leveraging, taking profits.. Idk feeling depresso this Friday night got a couple beers got my THC drink trying to relax play some games but I ask myself maybe I was never really a good trader Work as a broker so I’m Around this industry 24/7 but maybe I just stay on the sidelines.. VOO chill.. idk feeling off

Own-Buffalo1445

Or maybe some THC therapy 🙂

Kutukuprek

RYM is already listed on the NASDAQ, so GTBIF could engineer a medical/recreational split instead of THC/CBD here and access the public markets the quickest of the big 3. The CBD opportunity will be a headache to manage though. But ultimately it looks like public market access for medical could be worth many multiples of the CBD opportunity, so they can handle that later somehow. Or just lump it together with the medical business. In any case I have faith that the GTBIF peeps will think this through.

mcorliss3456

Now about that illegal hemp-derived THC, Governor…

PrimalBotanical

The current ban language includes any product containing more than 0.4mg of THC per container, so all full spectrum CBD products will be illegal in November.

Eliav_1991

the wellness framing is mostly irrelevant to the ban exposure. the real question is what "intoxicating hemp" gets defined as in the final rule. charlotte's web is almost entirely CBD-based, not delta-8 or delta-9 derived, so the current ban language doesn't obviously touch them. the risk is a broad definition that sweeps in full-spectrum extracts, even low-THC ones. been watching their filing disclosures on wiseek and the consistent language is FDA regulatory uncertainty being the bigger overhang, not the intoxicating hemp ban specifically. if FDA punts on CBD rulemaking again, that ambiguity is the actual drag on the business.

perceptive_AI

Edibles made me lazy and not trade. Stopped it and my portfolio is growing. I guess THC is my kryptonite.

PrimalBotanical

The ban criminalizes any product containing more than 0.4mg of THC per container. Most of Charlotte’s Web products contain more than that, so they will be illegal in November.

EducatorReady1326

Yes if it’s used medically a business would likely register. charlottes web is a cultivar so yeah it’s obviously full spectrum but a quick google search indicates it’s contain less then 0.3% THC so it’s still hemp and not going to be banned.

GeoLogic23

I actually do think that oil has a role to play in our market, surrounding extracted CBD/THC products. Industrial hemp supply chain is coming only slowly, but within that are large biofuel projects like SGP in Panama. They are partnered with Honeywell and have billions in funding. Industrial hemp being allowed in our biofuel supply chain would set a pricing floor for hemp, while also giving them access to a market with essentially infinite demand. If agricultural waste from hemp could be sold as biofuel feedstock (even for very low prices) that would be a crazy good margin booster for low dose hemp products. By the time you're extracting CBD/THC you might already have been able to turn a profit on the industrial parts of the plant. This was Bruce Linton's next move once he left Canopy Growth. He was going to be investing in the hemp supply chain along with other ex-Canopy people. Biofuel feedstock that **doesn't impact the food supply like corn**, doesn't use a ton of water, and can be grown in a variety of environments is actually an extremely valuable resource. The biofuel market is gigantic, and only going to continue to grow. It's much more important to the world than any CBD/THC market will ever be.

King_Chron

The fundamental conflict between marketing claims and biological reality forces a sharp divergence in how criminal courts and private corporations view cannabis breath technology. While companies like Cannabix Technologies pitch their devices as a definitive solution for recent use detection, federal and independent research has repeatedly verified that chronic users can harbor baseline THC concentrations in their breath that mimic active, recent intoxication. This lack of data separation creates entirely different sets of legal and functional realities for judges and corporate executives. In criminal law, a positive breath test from a device measuring a single snapshot of Delta9THC is currently scientifically indefensible due to a lack of baseline distinction and clear impairment metrics. Becausen Delta9THC is highly lipophilic (fat-soluble), daily or medical cannabis users continuously slowly bleed stored THC from fatty tissues back into their circulatory system and lung lining. A pilot study published in the [*Journal of Breath Research*](https://pmc.ncbi.nlm.nih.gov/articles/PMC10201171/) demonstrated that daily cannabis users frequently have active THC present in their breath aerosols despite verified abstinence of 12 to 24 hours. Furthermore, a joint study by the [National Institute of Standards and Technology (NIST)](https://www.nist.gov/news-events/news/2023/05/researchers-analyze-thc-breath-cannabis-smokers) and the University of Colorado Boulder confirmed that the quantitative amount of THC found in a regular user's breath *prior* to consuming cannabis on any given day can be virtually identical to the amount found in their breath *an hour after* active consumption. This led federal researchers to conclude in an official report summarized by [*Marijuana Moment*](https://www.marijuanamoment.net/federal-researchers-claim-first-ever-detection-of-cannabinoids-in-human-breath-after-use-of-marijuana-edibles/) that data does "not support the idea that detecting THC in breath as a single measurement could reliably indicate recent cannabis use." Additionally, unlike alcohol's linear relationship with Blood Alcohol Concentration (BAC), there is zero scientific consensus linking a specific picogram level of breath THC to motor or cognitive impairment, with a comprehensive review in [*Scientific Reports (Nature)*](https://www.nature.com/articles/s41598-021-02137-x) highlighting that no meaningful correlation has been established between impairment and Delta9THC levels in any tested matrix to date. Consequently, a defense attorney can easily introduce reasonable doubt by demonstrating that a positive breath test from a daily user reflects a sober, resting baseline rather than active, recent intoxication at the wheel. Conversely, for private employers managing safety-sensitive jobs like construction, manufacturing, and transport, the technical flaws that ruin a courtroom case are treated as an acceptable risk margin. Employers primarily look to filter out the weekend or occasional consumer, knowing that if an occasional user smokes on a Friday night, their breath clears completely by Saturday morning; a positive test on Monday morning thus provides a reasonable deduction of weekday impairment. While companies accept that this technology unfairly catches chronic or medical users who are not actively impaired, corporate risk management views a "false positive" on a sober but frequent user as a safe compliance buffer. Unlike criminal prosecutors who must prove impairment "beyond a reasonable doubt," employers rely on at-will employment and collective bargaining agreements to enforce internal policies. As outlined in [Cannabix Technologies' own regulatory disclosures](https://cannabixtechnologies.com/site/assets/files/6587/2024_md_a_cannabix_-_final.pdf), companies utilize these tests simply to establish compliance with arbitrary "zero-tolerance" or "clear-headed duty" workplace rules, granting administrative justification to terminate or suspend an employee and shielding the business from workplace liability insurance spikes.

EducatorReady1326

The rescheduling should have a positive impact. I don’t know the THC % but if it’s legally hemp the ban shouldn’t impact it. It’s really not a hemp ban it’s eliminating the THCA loophole and people selling plants/seeds that are not mature enough to produce THC but will when flowered. Sounds like enforcing it will be tough.

ThetaFarmingRegard

quit Zyn, alcohol, THC and cocaine 48 hrs ago im doing ok, thanks for asking

GrandKnew

I am sitting in my basement apartment vaping THC distallate listening to the tweakers walk by outside (whom I will soon be joining if this shit keeps up)

wentzco

I admit this wasn't on my "next" list for Vireo Growth to acquire. You can see Bridgewell Agribusiness's site at [https://www.bridgewellab.com/](https://www.bridgewellab.com/) to see what they all do. Just some ideas where this "may" be the reasons why Vireo Growth acquired them. \- This likely is only a "very small reason" but Bridgewell's PAR4® protein meals, mineral products and natural fertilizers can be added to Hawthorne Gardening Company. This also may lower cultivation costs. It may be a larger reason than I think however. \- Bridgewell has the ag/food connections for sourcing, supply chain, logistic/distribution, manufacturing, warehousing (their own warehouse as well) & vendor relations. Bridgewell's food safety certifications also are vital. This may be a signal that Vireo Growth is developing a product line(s) to be sold in dispensaries. That's not all. There are other non-THC (or low) hemp/cannaboid/extraction products that may be created into food products to massively expand opportunities far outside of dispensary-only distribution. \- This acquisition does diversify Vireo growth's revenue stream but also enhances the main cannabis business. Vireo Growth's cannabis biz strategy is heading the route to have a full ecosystem of cultivation, wholesale, retail, logistics, tech & agricultural infrastructure... an Amazon-like force in the arena IMO. It will be really interesting to start getting more details/reasons/plans directly from Vireo Growth for this acquisition.

deadly_poison7

I've never invested, and I'm always in the red. I'm on WSB to get really pissed off. To make money, you need money. How the fuck am I supposed to change my life? My dream is to escape Italy and go somewhere where I can work with THC and live in peace (but sales licenses cost over 200,000). Unrealistic.

ThetaFarmingRegard

THC

snark42

>At best it will be products like oils, or like Epidiolex (already approved). I could see a THC extract/tincture as an alternative to Marinol or Syndros too.

AverageNo130

Charlottes Web has some new THC edible gummies and high quality CBD product.

CallShot7029

80% of people whose it do not qualify for the specific conditions it’s meant to treat. They buy compounded OTC stuff. It is essentially where the weed market is headed. Most will buy rec or with their med card, a thin subset (though increasing with each FDA approval will get a THC derivative prescribed and paid by insurance

Ok_Needleworker2520

What are the actual THC limits ? It doesn’t say in the article

TroubledAcorn

No, not personally. I believe the Drinks are here to stay and it will be worked out before the ban. Even if the ban does stick, individual states are making their own rules and regulations on THC Beverages. Just like how Cannabis was federally illegal yet we have states that create their own laws on it. This is all short term stuff. The Drinks are popular and here to stay, they are not going away. If we zoom out 5-10 years THC Drinks will be widespread and socially acceptable alternative to alcohol sold in most places

CaptAmericaCaveman

Any concerns for RYM and incoming hemp derived ban November 2026? Will hinder RYM THC drinks in non-dispensaries growth, distribution channels like Circle K and package/liquor stores??

CaptAmericaCaveman

Any concerns for RYM and incoming hemp derived ban November 2026? Will hinder RYM THC drinks in non-dispensaries growth, distribution channels like Circle K and package/liquor stores??

CaptAmericaCaveman

Any concerns for RYM and incoming hemp derived ban November 2026? Will hinder RYM THC drinks in non-dispensaries growth, distribution channels like Circle K and package/liquor stores??

HerezahTip

Inshallah brother. THC and caffeine for breakfast, let’s trade

TheTigerKingMan

Look man, the "ineptitude" argument is a fairy tale. If you think the government and the big players are just bad at this you aren't following the money. This wasn't a mistake it was a setup imo. Let me elaborate fr  1. The Schedule 3 Trap You’re hype about rescheduling? Look at the fine print from last month (April 2026). Moving it to Schedule 3 is a gift to Big Pharma, period. It lets them start clinical trials while the local dispensaries stay stuck in a legal gray area. It’s the "Oxy" playbook all over again. They don't want "legal weed"; they want "prescription weed" that they can charge $300 a bottle for. 2. The Stock Slaughter Stop calling it a "bad investment." It was a liquidation. Look at the tickers: CGC (Canopy) is down like 98% from its high. MSOS is sitting under $5. ACB is basically worth zero. That’s not a market correction. That’s the big boys pumping the hype, taking retail investors' money to build the warehouses, and then crashing the price so they can buy the infrastructure back for pennies during the bankruptcy hearings. 3. The Corporate Crack Factor We went from 5% THC reggie to 95% THC concentrates in a decade. You think that's for the "culture"? No, that’s for the dependency. They engineered the plant to be as addictive as possible to ensure "customer lifetime value." They literally legalized a version of the plant that causes psychosis just so the tax revenue stays consistent. You're waiting for "incrementalism" to save the day? The big players love incrementalism because it gives them time to lobby for rules that kill the "mom and pop" shops. By the time it’s "fully legal," there won't be any independent shops left. It’ll just be a Choice of Pfizer Weed or Bayer Weed. It isn't a conspiracy, it’s just the American business model. The rich got the IPO money, the poor got the addiction, and the retail investors got the bags. End of story.

TheTigerKingMan

I’m 40. I’ve seen the transition from street reggie to "corporate crack." If you’ve been paying attention to the industry, you know something is off. This wasn't just a "bad investment" for the public it feels like a 10-step plan to consolidate power and money while leaving the public addicted to a high-potency version of a plant we used to just giggle on. **1. The Stock Investor "Squeeze"** The promise was simple: Buy in early before federal legalization, and you’ll be a millionaire. Instead, almost every major cannabis stock (CGC, TLRY, ACB) has crashed 70–90% since their IPOs. While retail investors lost their shirts, the big players and institutional "smart money" used the volatility to reposition. The Global Cannabis Stock Index has dropped over 93% since its 2021 high. The "boom" was a joke intended to drain retail capital. reference \\/ [https://www.newcannabisventures.com/cannabis-stocks-rally-begin-2026-badly/](https://www.newcannabisventures.com/cannabis-stocks-rally-begin-2026-badly/) **2. Engineered Addiction via Potency** The government allowed businesses to sell products that are 10–90x stronger than what we had in the street weed days. We went from 4% THC in 1995 to flower hitting 35% and concentrates hitting nearly 100%. This isn’t "natural" anymore. These high-potency products are scientifically linked to increased risks of psychosis, schizophrenia, and Cannabis Use Disorder (CUD). They basically legalized a version of the plant designed to maximize dependency. reference \\/ [https://drugpolicy.org/wp-content/uploads/2026/03/2026.03\_High-Potency-THC-Report-FINAL.pdf](https://drugpolicy.org/wp-content/uploads/2026/03/2026.03_High-Potency-THC-Report-FINAL.pdf) **3. The "Schedule 3" Trojan Horse** The DOJ finally reclassified cannabis from Schedule 1 to Schedule 3 in April 2026, but look at the fine print: it primarily benefits **medical** businesses and Big Pharma. It allows them to deduct business expenses under 280E, but recreational shops are still largely stuck in a legal gray area. This feels like a setup to let independent dispos go bankrupt so Big Pharma and Big Weed can buy the remains for pennies on the dollar. Big Pharma controls weed, jacks the price to the ceiling, and you'll be left paying out of pocket costs because the federal government hasn't approved of marijuana only the state. [https://www.eisneramper.com/insights/tax/executive-order-rescheduling-of-cannabis-0226/](https://www.eisneramper.com/insights/tax/executive-order-rescheduling-of-cannabis-0226/) **4. The "Dead Internet" and Reddit Control** You can't even get a real conversation going about this without being drowned out by bots or "slop" engagement. Look into the **Dead Internet Theory** the idea that most of what we see is bot-driven to shape public perception. Reddit is now a publicly traded company (RDDT). It’s in their financial interest to curate what you see to favor their biggest stakeholders. You’re being sold a "legalization dream" by algorithms while the reality is a wealth transfer. [https://en.wikipedia.org/wiki/Dead\_Internet\_theory](https://en.wikipedia.org/wiki/Dead_Internet_theory) **The Bigger Scheme:** The rich got richer off the IPOs, the poor got poorer investing in the "hype," and now we have a population hooked on concentrates that cause mental health issues. If they take away the dispos next, they’ll leave a bunch of addicted Americans running back to the streets or Big Pharma for "treatment" for the very problems the legal market created. Correct when I'm wrong, but didn't the Government/Doctors/Big Pharma do this with Oxy/Pain Killers/Alcohol? **TL;DR:** The government didn't legalize weed for you; they legalized it for the taxes and the corporations. They let it get 100x stronger to ensure people stayed hooked, and now they're letting the stocks and independent shops fail to let the real "owners" take over.

GeoLogic23

RYM with another partnership. Official THC beverage partner of [Opry Entertaiment Group Venues](https://www.globenewswire.com/news-release/2026/05/14/3294752/0/en/se%C3%B1orita-named-official-thc-beverage-partner-of-opry-entertainment-group-venues.html). >As the official THC beverage partner, the delicious agave-based cocktails will be available at the Grand Ole Opry, Category 10 Nashville, and Ascend Federal Credit Union Amphitheater in Nashville, Tennessee; ACL Live at The Moody Theater in Austin, Texas; and Ole Red locations in Nashville, Tennessee, Orlando, Florida and Tishomingo, Oklahoma. This is the comment that I really noticed though. >Señorita has also expanded to Chicago's 16" on Center venues, including The Salt Shed, and **Georgia-based Oak View Group venues**. Oak View Group is a major player in arena and theater management, and are partnered with Live Nation. They have been pursuing hemp beverages for years, and are partnered with Green Monke and Cookies. RYM already partnered with the United Center, which was a founding member of Oak View Group's Stadium Alliance. If they are further connected to Oak View Group, you can expect future large arena/theater deals are coming.

YTLupo

Yes but most of it is in THC Form.

1_FCKTRD

On November 12, 2025, Congress signed into law legislation instructing the FDA to develop a list of approved and classified cannabinoids. The Continuing Appropriations Bill (H.R. 5371) set a 90-day deadline for the FDA to publish a list of all known cannabinoids, including naturally occurring compounds, THC-class compounds, and compounds with "similar effects". On May 12, 2026, Dr. Marty Makary was replaced as FDA Commissioner, with Kyle Deontes stepping in as Acting Commissioner. Either get on board or step aside.

GeoLogic23

Definitely a bad quarter, but they've had bad Q's in the past and adjusted and done fine afterwards. Like when the high THC stuff was getting dumped on the market. Even with such a bad quarter, they're not actually losing that much money, especially compared to what BAT has invested recently. So the sky isn't falling. BAT will find a way to give them a little more money if they really need it, but just turn it around slightly next Q and they'll be totally fine. Just always be taking some profits on pumps, so you can be ready for any situations like this. Not much else to say about Canada rec, other than hopefully they adjust like they did in the past. Nobody is making tons of money there, even the profitable companies. If OGI could make tons of money in Canada rec that would be great. But tiny Canada is just a staging ground for international medical and hemp and stuff. Still waiting on that EU-GMP certification at their one facility I see. I don't think turning their Canadian recreational into a cash cow is really the end goal. More like R&D and product development that hopefully doesn't lose too much money. BAT is looking towards the US, EU, and eventually places like India, where BAT has a significant presence. Even if they completely dominated Canada it still wouldn't be that big of a win for BAT, with their market cap >$100B. BAT only cares about the big markets in the long term. It's funny that some people seem to think OGI is in some serious trouble as a company, like on the path to go out of business or something, when BAT is has been making all these moves for them. Not like BAT thought they were going to buy Sanity and then just coast on profits the rest of the way, regardless if this one Q was good or bad. BAT has been invested in Sanity since 2022. Way before they had OGI follow up on their investment. They knew they were running OGI's cash super low with that move, but they also knew exactly what they were investing into. So we'll see. More moves are certainly on the way. I have no reason to think BAT is just planning on OGI to organically grow from where they are at this moment. Now one specific thing I thought was interesting is that OGI seems to have written down about $6M in hemp investments in the US. >In addition, the current period results were negatively impacted by a $5.8 million impairment loss related to the Company's hemp-derived products business in the U.S. But BAT was also separately investing more into Charlotte's Web recently, who pretty much only do hemp in the US? Maybe it was just a NASDAQ thing where OGI had to write it down before the ban actually happened? Idk. Just thought that was an odd thing between the two BAT companies.

Forest_City_Frolfer

Q2 FISCAL 2026 HIGHLIGHTS Gross Revenue: $93.3 million (-9% year-over-year). Net Revenue: $59.8 million (-9% year-over-year). International Revenue: $6.1 million (0% year-over-year). Adjusted EBITDA2: $0.9 million (-82% year-over-year). #1 Market Share in Canada: #1 in vapes, #1 in milled flower, #1 in concentrates, #2 in flower, #2 in pre-rolls, #3 in edibles, and #5 in beverages1. Sanity Group GmbH (“Sanity Group”) Acquisition: Subsequent to quarter-end, Organigram completed its acquisition of one of Germany's cannabis leaders, Sanity Group. Sanity Group is expected to generate approximately €25 million in average quarterly revenue over the next calendar year, and provide a scalable platform to accelerate Organigram's growth across key European markets. Australia Branded Sales: Launched 10 vape and gummy SKUs in Australia under the BOXHOT and Edison brands, with products expected to be available to over 4,000 pharmacies. Record Yield and Potency: Achieved a record quarterly harvest of over 32,000 kg (+56% year-over-year) and the highest average THC potency across the Company's flagship Moncton facility compared to any prior quarter due to continued enhancements to cultivation practices. Plant Science: Advancing Organigram's recent achievements in early-stage genetic marker identification, the Company launched two powdery mildew resistant cultivars and continues progress toward the identification of other genetic traits including, but not limited to aroma, color, terpene expression, and disease resistance. My Notes: Revenue down 9% Y/Y Adjusted Gross Margins down to 31% from 33% Negative Net income, Cash Flow, and Adjusted EBITDA They are struggling. With such low margins it will be challenging to grow marketshare, they cannot compete on price anymore. International medical is flat. They used up a lot of their remaining cash acquiring Sanity Group. Overall, I am surprised, I expected slow improvement, but this quarter looks like they have regressed across the board.

Confident-Income

It is bad news as it means Cresco will not get an initial license to build out operations in TX. Not that it affects the company's current financials but it'll be one growth opportunity they will miss out on. Someone with more knowledge than me about TX's regulatory environment can chime in but from what I understand, operators first have to open retail shops in all the public health regions before being allowed to build more stores in each region. So the quicker an operator can open new stores in all the regions, the quicker they can target the high population cities.  Not sure how big the TX market will become with just low limit THC allowed so the potential may not be all that big yet. But if the program expands in the future, it's better to have a presence already established. 

No_Fig_7835

If only THC didn’t fuck with rem sleep. I love getting high at the end of the day but then I don’t get my beauty sleep

No_Love_Gained

Just the sheer amount of lobbying dollars spent the last few quarters will ensure hemp-derived THC products will end staying around irrespective of the ban..jmho

HigherGroundHoonigan

I know A LOT of people who are struggling immensely in this economy. One of the first things they stopped doing was maintaining their medical card and even buying medical marijuana in general. Majority of the users I know are young millennials or older who are working professionals and use it for anxiety, sleep issues, or pain and it's something they can "do without" due to rising costs of everything. ' My guess is that their declining revenue is largely attributable to that. The other part would be the CBD/THC drinks. And honestly, I get it. I have my medical card but 9 times out of 10, I pop open a Keef /Onward or put some Nowadays in a soda. AU would is their golden ticket if we can ever get there.

GeoLogic23

[Navy Pier Names RYTHM as Its Official THC Beverage Partner](https://www.globenewswire.com/news-release/2026/05/08/3291219/0/en/navy-pier-names-rythm-as-its-official-thc-beverage-partner.html) >New multi-year partnership brings Chicago’s leading THC brand to the Midwest’s most visited attraction. >RYTHM, Inc. today announced that Navy Pier has named RYTHM, Chicago’s flagship THC brand, as its official THC beverage partner, bringing hemp-derived THC beverages to the most visited destination in the Midwest, **welcoming more than 8 million guests annually**. The multi-year partnership launches May 22 and centers on the RYTHM Stage in the Navy Pier Beer Garden, brought to life through events, pop-ups, sampling, and seasonal programming. >Guests will have access to RYTHM’s full beverage lineup, including Sativa and Kush, each designed around distinct, effect-driven experiences. Señorita THC Margaritas will also be available alongside RYTHM **at the garden and at select bars and points of sale across the Pier.**

TroubledAcorn

$RYM a company with a guaranteed 70m annual income in royalties and the most funding and first mover advantage in THC Beverage space. The future is bright.

manualCAD

I saw some of Curaleaf's marketing for their Anthem sativa heavy "pre rolls" (they look like cigarettes). Is there a market for this type of product? I see the idea and vision, just wasn't sure if the market is even there for low THC, sativa dominant 0.5-0.75g cigarette-like pre rolls.

GeoLogic23

Btw sorry, I'm not really trying to convince you or anything. It's totally reasonable to not think the THC beverage market is a thing. I believe there's lots of evidence to the contrary over the last few years though. Just a good place to get some thoughts out. Your first point of how to differentiate. That's all about distribution. **Everything about the beverage market is about distribution**. My first link says how at that point they were estimating only 30 or so brands had real distribution. Take a super popular beverage brand like Celsius. It was around for a long time before getting plugged into Pepsi's network and becoming one of the top energy drinks. And I think it tastes just ok. Then about the person drinking a THC drink vs hitting a 90% vape. You're still thinking they are the same consumer. They are not. The whole point of beverages taking off **specifically when they began to be sold in regular retail** is that the people buying low dose beverages are not the same people who even use high dose products at all. These are people who really do not even set foot inside of dispensaries. Listen to every single hemp beverage company and they will say this same thing. One of the fastest growing categories is "wine moms" who are replacing one glass of wine with a THC beverage. I have personally brought THC beverages to multiple events where normally there would maybe be a small amount of alcohol consumption, but not much. Multiple people who wouldn't have drank alcohol chose to drink THC drinks, without me prompting them to try them. These people would not be ripping a vape at this social gathering, but they would casually drink a THC drink. Also the 90% vape argument is the exact same you could make for beer. Why drink a beer when I could rip a shot? Why drink a light seltzer when I could have a flask of Everclear? Then this point: >Maybe way in the future we get them sold at bars or sporting events This is already happening. Several of the links I gave you were bars. There are also going to be lots of partnerships like RYM made with the United Center. Even smaller partnerships can be massive depending on the size of the company. There are so many deals to go around. A major arena management company called [Oak View Group has been preparing to launch hemp beverages at their venues for a couple years now](https://www.globenewswire.com/news-release/2023/10/19/2763417/0/en/St-Peter-s-Drinks-and-Oak-View-Group-Partner-to-Introduce-Green-Monk%C3%A9-Hemp-Derived-Drinks-at-Live-Entertainment-Venues-Throughout-U-S-and-UK.html). They have partnerships with Green Monke and Cookies. The United Center (RYM partnership) was a founding member of Oak View Group's Arena Alliance. Oak View is also partnered with Live Nation for hosting Arena events. This isn't some small mom and pop company. They are already [launching THC beverages in their theater venues](https://urbanmilwaukee.com/pressrelease/green-monke-becomes-exclusive-hemp-infused-beverage-of-pabst-theater-group-a-milwaukee-entertainment-institution/) such as with Pabst Theater Group. Note that the brewing company Pabst has also long been eyeing the drinks market. They have had "[Pabst Labs](https://www.pabstlabs.com/)" for years. Lastly, regarding trying to guess who is going to be Budweiser. I don't think I need to guess who is going to be Budweiser. I care who will increase their market cap by a reasonable percentage from where it is now. Whether that is Jones Soda turning into a $200M company, RYM turning into a $2B company, Tilray turning into a $5B company, or AB InBev turning into a $500B company. It just matters that you pick someone who will grow from where they currently are. As mentioned above, Green Monke is now the official THC drink at [Pabst Theater Group](https://www.pabsttheatergroup.com/connect/our-partners). This is alongside Molson Coors, Jack Daniels, Casamigos, and Sun Cruiser. No Budweiser in sight. There are plenty of these smaller partnerships to go around for many brands to find success. Thinking you need to pick the Budweiser in order to win is the same fallacy as only caring about which cannabis company has the most revenue. The biggest company isn't always the best investment.

GeoLogic23

Yes I definitely do think the THC beverage market will continue to expand rapidly. I really think people just keep looking at cannabis beverage sales from regulated dispensaries over the years, and not seeing the change in retail that happened in Minnesota (then spreading across the US). Once beverages began being sold in regular retail, they actually started capturing significant percentages of sales in just a couple years. [From late 2025](https://www.cbsnews.com/news/cannabis-infused-drinks-target-thc-beverages/) >Whitney Economics estimates there are 500 to 750 brands marketing cannabis drinks. Of those, **roughly 30 are sizable labels with national distribution**, while the rest are regional and local brands, according to Diana Eberlein, chair of the Coalition for Adult Beverage Alternatives Retailers That was from the chair of the hemp beverage advocacy group Tilray helped start recently. This is key to seeing who can actually compete in a developed market. People selling small quantities direct to consumer have no way to scale to large, consistent production and selling through the three tier system. You need to consistently get your properly dosed product to your retailers, or they aren't going to work with you. But about sales quantities. [Indeed Brewing in Minnesota](https://www.thedrinksbusiness.com/2026/02/craft-brewers-turn-to-thc-drinks-for-growth-as-legal-uncertainty-looms/): >“THC is not our entire business, but it has become an increasingly important component of it,” says Ryan Bandy, chief business officer at Indeed Brewing Company in Minneapolis. “I’d say it is responsible for about **15% to 20% of our volume and delivers 25% to 35% of our revenue**. We’ve also hired more people because our business has grown. I’d say we’ve boosted our staff by about 15% simply because of the increase in volume. Without the THC line, we wouldn’t be going out of business, but we wouldn’t be nearly as healthy.” Note that this is highlighting why I think THC beverages are important. You can sell lower volume for higher revenue and profit. Distribution savings could be massive in themselves. [Jukebox in Ohio](https://www.wkyc.com/article/news/local/ohio/ohio-bars-breweries-impact-state-law-bans-sale-thc-seltzers-hemp-weed-drink-money-alcohol/95-099e4445-d966-4232-af29-c603ccff34b2) >At Jukebox in Ohio City, **THC seltzers make up nearly 10% of all sales**. Owner Alex Budin says the business has no choice but to comply, despite the expected hit. >"We're going to pull it. We don't really have any other recourse. It's going to hurt our bottom line; we hope that customers will adjust," Budin said. "I know I won't close because of this, but it's going to hurt." [Funky Buddha in Florida](https://www.sun-sentinel.com/2026/04/23/buzzkill-thc-drinks-are-exploding-at-south-florida-bars-breweries-and-restaurants-but-will-they-last/): >hemp drinks with trace amounts of tetrahydrocannabinol (or THC), are surging. Which is why using Funky Buddha’s 115,000-square-foot warehouse for **co-packing hemp-derived THC drinks is a lucrative side hustle** THC drinks are cheaper and faster to make than traditional alcohol. The more you switch to faster THC products, the more room you give yourself to co-pack for others. [Top 10 Liquors in Minnesota from 2023](https://www.marketwatchmag.com/cannabis-drinks-mean-big-business-for-liquor-stores-in-minnesota/): >Since it became legal for Minnesota liquor stores to sell THC beverages on June 1, sales have been raging. “**We are approaching 10% of our sales being THC drinks,**” says Jon Halper, owner of Top 10 Liquors >“When we first launched the category, **the supply chain was a little slow because we went from zero to 100mph overnigh**t,” he says. “Now the supply chain is really solid.” I've discussed what happened with THC beverage supply chain in the past. In 2019 Canopy discovered can liners were making cannabinoids stick to them. That got fixed but then COVID hit and disrupted everything. Pretty soon after COVID went away the hemp beverage market blasted off in Minnesota because they started being sold in regular retail. People keep citing how they aren't selling in Canada, but even in Canada they aren't sold in regular retail yet. People point back to like 2021 and say there was 0 growth in beverages for years. Right, and that's because the real THC beverage market didn't even start until halfway through 2022. Since then it's been nothing but rapid expansion and adoption. [Florida Liquor Store in 2025](https://ecrm.marketgate.com/Blog/2025/09/THC-Beverage-Consumers-Are-a-Surprisingly-Diverse-Group-at-This-Florida-Restaurant-Chain): >Despite challenges, the opportunity for growth is undeniable. In just **six months, THC beverages have shot to 3 percent of sales** at the Clearwater Beach liquor store. “That may not sound huge, but **going from zero to 3 percent that quickly is a big deal**,” Sousa says. “And we’re just getting started.” Target, Circle K, Total Wine, and all kinds of other alcohol sellers are getting in on the market based off organic growth from random scattershot brands. Just think what could happen once actual alcohol companies start pushing specific brands.