Hemp-derived THCa demand soars

Hemp-derived THCa demand soars

Demand for THCa hemp products is growing at an incredibly fast pace according to our informal survey of retailers. More and more consumers are discovering THCa products and have shown a preference for them over isomers like delta-8-THC. Sales volume has doubled for some retailers in the last year, limited in many cases by supply.

In markets like New York City, legal and illicit marijuana have absorbed demand for hemp products. Just 100 miles south, in Philadelphia where there is no recreational marijuana market, hemp dispensaries cannot keep THCa vape carts in stock.

In New York City, where there are purportedly over 2,000 illicit cannabis shops still operating, customers find competitive deals that naturally limit demand for hemp-derived cannabinoids like THCa. There is no certainty as to what type of cannabis is sold in these shops, but if it has acceptable flavor and potency at a competitive price point, consumers will buy it consistently.

Membership is required to view the rest of this post.
Click here to learn more and sign up for a free 7-day trial!

Blog

11.21.2024

Domestic US biodiesel blending helps lift October RFS RIN production

Domestic US biodiesel blending helps lift October RFS RIN production

US domestic biodiesel blending of 147.5 million gallons in October produced a monthly high of 221.2 million renewable identification number (RIN) credits for January-October. This was 11.5% above September...

11.21.2024

CWG trades lower as broader animal fats markets hold steady

CWG trades lower as broader animal fats markets hold steady

The US animal fats and oils markets held steady on Thursday November 21, with limited trading as attention shifted toward broader macroeconomic factors and...

11.21.2024

October commercial cattle, hog production above 2023

October commercial cattle, hog production above 2023

US animal protein prices were steady on Thursday November 21. Limited trade was reported from market sources due to the proximity of the extended Thanksgiving holiday weekend in the...

Latest Tweets