Study Shows Delta-8 THC Use Highest in States Where Cannabis Remains Illegal
TL;DR
Cronos Group Inc. and similar companies can gain market advantage by expanding into states where Delta-8 THC use is high due to cannabis prohibition.
Delta-8 THC is most used in states where cannabis is illegal and Delta-8 products lack regulation, according to a new study.
Legal cannabis markets like those from Cronos Group protect public health by regulating products and reducing unregulated substance use.
Delta-8 THC thrives as a legal cannabis substitute in prohibitionist states, highlighting regulatory gaps and consumer behavior trends.
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A new study has revealed that delta-8 THC, a psychoactive component often marketed as a legal substitute for cannabis, is most frequently used in states where cannabis is illegal and delta-8 products are not regulated. This finding underscores significant public health implications as consumers in these states turn to unregulated alternatives.
The research indicates that creating legal markets where entities like Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) operate can help in protecting public health by ensuring product safety and quality standards. The absence of regulation in prohibitionist states leaves consumers vulnerable to potentially unsafe products without proper testing or labeling requirements.
This study highlights the unintended consequences of cannabis prohibition policies, where demand for cannabis products persists regardless of legal status, driving consumers toward less regulated alternatives. The findings suggest that comprehensive legalization and regulation could provide better consumer protection than outright prohibition.
The implications extend beyond consumer safety to broader public health concerns, as unregulated delta-8 THC products may contain unknown contaminants or inconsistent potency levels. This situation creates challenges for healthcare providers and regulatory agencies attempting to address substance use issues in these jurisdictions.
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Curated from InvestorBrandNetwork (IBN)
