Delta 8 tetrahydrocannabinol, also known as delta-8 THC, is a psychoactive substance found in the Cannabis sativa plant, of which marijuana and hemp are two varieties. Delta 8 THC is one of over 100 cannabinoids produced naturally by the cannabis plant.
"More and more people are understanding the true value of what cannabis products can provide," stated Rodney Croteau, a Tennessee CBD shop owner. “Recently in the last year, year and a half, the Delta-8 has really come out in droves, and we spent a large part of our time educating people, not just on CBD but now Delta 8.”
Croteau further stated, "regulation is necessary to give people confidence that the products that they're buying they know that they're being watched, that they're being protected, that they're being investigated and making sure that what's in the products are what the vendors and product companies say they're in them and we vetted everything."
Hemp Regulation in Tennessee
A proposed bill would impact the sale and purchase of products containing intoxicating cannabinoids derived from hemp — including Delta 8,
So, what is the bill exactly? President and Chief Lobbyist for the Tennessee Growers Coalition, Joe Kirkpatrick stated, "It's to legalize and regulate hemp derived cannabinoids, to tax them and to make sure that children and people under 21 aren't consuming those products.”
Advocates say the bill would target black market sales and weed out bad shops.
The bill would also require retailers and wholesalers to be licensed — and it would tax products containing hemp-derived cannabinoids at a rate of 6.6 percent. This tax would raise three to five million dollars annually and the license fees will raise nearly 2 million dollars a year.
Regulating Hemp-derived Delta 8
Kirkpatrick indicated that no other state has measures to specifically regulate and tax the sale of hemp-derived cannabinoid products. And at this time, this new legislation does not yet have a state Senate sponsor.
Additionally, Kirkpatrick indicated this would not be the last cannabis-related measure introduced this year.