Canna_Business
2 months ago
How Companies Are Selling THCa Online Without a License:
The 2018 Farm Bill has created a legal loophole for selling THCa online. THCa, which is non-psychoactive until heated, can be sold legally if it tests under 0.3% Delta-9 THC on a dry weight basis. This allows companies to bypass traditional cannabis licensing and state regulations.
Key Points:
2018 Farm Bill: Permits cannabis products with under 0.3% Delta-9 THC.
THCa Products: Non-psychoactive until heated but converts to Delta-9 THC when smoked or vaped.
No License Needed: THCa meets legal THC limits, avoiding the need for a cannabis license.
Consumer Impact: Consumers can buy THCa products online, evading stricter state cannabis laws.
Summary: The 2018 Farm Bill has inadvertently allowed THCa products to be sold legally online by staying within THC limits, despite their psychoactive potential when heated.
For example,
https://www.reddit.com/r/CultoftheFranklin/
tw0122
2 months ago
CGC moving 08:28 AM EDT, 10/17/2024 (MT Newswires) -- Canopy Growth (CGC) said Thursday that it has made an early prepayment of $97.5 million at a discounted price under its $100 million senior secured term loan.
The company and its senior lenders agreed on the prepayment in August, which included extending the term loan's maturity date to Dec. 18, 2026, Canopy said.
Under the amended terms, Canopy said it has the option to make an additional prepayment at a $97.5 million discounted price in a total principal amount of $100 million by March 31 next year. If the company makes the second prepayment, the term loan's maturity date will be extended to Sept. 18, 2027, it said