We have recently started reporting on FDA-compliant Delta-9 THC distillate, CBDA, and CBN-O. Our firm will continue to add cannabinoids as we see them gain in popularity and volume in the marketplace. Volatility within the minor cannabinoid market continued this month. CBDV prices dropped 17%, and HHC acetate prices jumped 43%. The most stable cannabinoid from a wholesale price perspective in 2022 has been THC-O. Market prices in February were $1,150 / kg. Currently, the price hovers around $1,116 / kg.
One of the more exciting developments in the cannabinoid market is underway in Minnesota, where THC derived from hemp is being infused in beverages and sold at regular retail outlets. Minnesota could have massive implications on demand for all minors. We will closely monitor how regulators handle the current Minnesota THC beverage industry. The use case and marketplace for end products containing minor cannabinoids are still emerging. Every emerging market has its growing pains, and price volatility will continue until established use cases and finished consumer products are created. Disclaimer The reported pricing is based on market observations.
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