03.07.2025
Sausage casings bulletin, March 7, 2025

Runner market commentary
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Determining actual demand in CBD isolate or CBD crude markets is not possible. Many operators have understandably pivoted to gray ∆8-THC markets to cash flow considerable debt, or salvage their life’s savings. The legal risk for operators isomerizing actual ∆8 is far greater than for CBD isolate transactions, which are THC free and almost universally free of risk.
We know operators who have chosen to steer clear of ∆8 markets and many more who do not intersect with demand or have maintained their pricing levels too high to attract bargain hunters. ∆8 markets are somewhat competitive, with vape cartridges selling for $8-15/grams(g).
There is so much diversity still in the extraction segment and it is not reasonable to make universal statements. Not all ∆8 is produced from old stocks of isolate or crude. Extraction activity continues for vertically integrated operators or for regional marketing relationships that have found their…