CBD wasn’t the only cannabinoid that inadvertently became legal when the federal government passed the 2018 Farm Bill.
We know that there are currently over 100 known cannabinoids in the cannabis plant. When industrial hemp was legalized on the federal level in 2018, the only cannabinoid specifically kept illegal was Delta 9 THC, the main psychoactive cannabinoid that produces the common cannabis high.
Leaving over 100 other cannabinoids to fill the space, growers began experimenting. We saw the CBD boom and the rise of CBG and CBN over the past year, but another cannabinoid has broken into the spotlight and has a lot of enthusiasts curious.
Delta 8 THC claims to be the legal alternative to Delta 9, providing similar effects to a traditional THC high. But is it really a 1:1 replacement?
Delta 8 THC explained
Just like D9 THC, our knowledge about the effects and benefits of D8 THC are limited due to lack of research. For the most part, the resources for learning about Delta 8 THC come from first hand accounts of users.
What we do know about D8 THC is that it is chemically different from delta-9-THC by only a few atomic bonds, and according to the National Cancer Institute is defined as, “An analogue of tetrahydrocannabinol (THC) with antiemetic, anxiolytic, appetite-stimulating, analgesic, and neuro-protective properties.”
In other words, it sounds a lot like plain old Delta 9 THC. However the experiences noted by Delta 8 THC users reveal some slight differences.
Does Delta 8 THC get you high?
The short answer seems to be yes. Most descriptions of the Delta 8 THC high note that it is more mild or “lighter” than a traditional Delta 9 THC high. User have also said that the high feels almost identical to D9 THC but without the associated paranoia or anxiety many experience.
Other anecdotes note how it can take multiple hits of a D8 THC vape to get a similar effect to a Delta 9 THC vape of similar potency, and that the flavor differs, and not always in a good way. Granted, taste is typically associated with processing, especially when it comes to distillate cartridges.
The most popular form of consumption seems to be vaping and consuming D8 edibles like gummies. However just like CBD, you can also find Delta 8 THC flower and other extracts.
This Week’s Episode
In this week’s episode of The Real Dirt with Chip Baker, Chip sits down with Matt Chandler from Sunshine Connect, a Full-Scale Hemp Product Development, Supply Chain Management & Production company. Matt has been involved with hemp and CBD for over four years, and he’s learned a lot about the different cannabinoids in the hemp plant, including Delta 8 THC.
Learn whether Delta 8 is just a new hype trend that will fade away, or a solid replacement for Delta 9 THC in states that haven’t yet legalized. Plus dive into the science and real dirt behind hemp and CBD, projections for 2021 and more.
Transcript
Chip: Well, here we are. The Real Dirt 2021, thank God. Welcome back. Oh man, it’s so good to be on a roll of Real Dirts. Right now, we’re recording all the season, and it’s just been really exciting. We’ve been doing a lot of market research, really, you know, trying to hear what you guys want to listen to, and give it back to you. And today, man, we’re real fortunate, because one of the most asked about topics we have is hemp, and the chemistry of hemp, and the genetics of hemp, and the genetics of cannabis. And today, I have Matt Chandler, and we’re going to talk about all of that. How’s it going, Matt?
Matt: Doing great, man. Thanks for having me.
Chip: So Matt, tell me how you’re involved with CBD and hemp.
Matt: So currently, I have a brand really focused around more of the experiential side of CBD. And we kind of talk about more of that of like the market. I got into cannabis and hemp about four years ago, I’m actually from Oklahoma where you’re at now. And then you, you were from Colorado. And we switched, right?
Chip: So where did you grow up?
Matt: I grew up here in Oklahoma City area, just a little bit east of the city, Choctaw area. You know, around here growing up, cannabis was pretty taboo.
Chip: Oh, yeah, this was a really hard place.
Matt: Yeah, they’d even have tattoos that were illegal when I was growing up here. You had, people had to go down to Texas to get a tattoo.
Chip: Absolutely, you know. So Oklahoma, for those of you who don’t know about the free lands of Oklahoma, now we have tattoos. We have beer over 3.2. Yeah, totally. There’s breweries.
Matt: And cannabis.
Chip: And there’s medical cannabis.
Matt: Yeah. And when I was growing up, or actually, when I got into cannabis when I was 26. And mainly got into it, because my partner at the time had a hard time sleeping, and was trying to decide between Ambien or that. And we had a small kid and it was like, I can’t do anything. She’s like, in college cannabis helped me a lot. And so I was like, “Let’s do that.” So we went found her some. And at the time, it was illegal. And that year was right before we got into the business. And I think they had 20% increase in incarcerations for cannabis. Yeah, and here it was like a pretty stiff penalty like, two years for possession.
Chip: A small possession.
Matt: Yeah, it’s ridiculous.
Chip: Crumbs, and that’s all changed.
Matt: It’s all changed. It’s all changed. So that’s kind of how I got in the industry, just coming for the plant that way. Really just –
Chip: The medicinal side.
Matt: Yeah, the medicinal side.
Chip: Man, yeah, that is the true great gateway to cannabis is the medicinal side.
Matt: The medicinal weed is the gateway drug. Yeah, exactly. But I feel like I contribute cannabis to really helping me open up my mind to many things. I feel like you know, growing up here, we’re all taught, you know, proctor our own environment what we’re, you know, our experiences growing up and it’s a conservative state, and cannabis was the devil’s lettuce and all that bad stuff, so.
Chip: Pass the devil’s lettuce.
Matt: That’s right. So –
Chip: You know what Oklahoma’s really done? One of the things that’s obvious for me now, and this is might be a stereotype.
Matt: Yeah?
Chip: But now we write country songs.
Matt: That’s right. We got some good cannabis country songs.
Chip: All the time. We just came up with “pass the devil’s lettuce.”
Matt: I like that one, man. I like that one. You guys are making hits over here.
Chip: No, it’s me and you. It’s not –
Matt: Yeah, right. There we go. Do you play guitar or anything?
Chip: You know, I just, I make noise. I make noise. I just picked up a hybrid dulcimer.
Matt: Oh, okay.
Chip: Totally pretty cool. You know the dulcimer?
Matt: No, I don’t.
Chip: Well, I found out it’s the easiest stringed instrument to play so I immediately excelled at it. It’s the easiest to pick up. Yeah, I started with the banjo and then I moved to the guitar, and I’ve been banging away with those guys for a few years. But I’m kind of new to at all like, maybe three, four years I’ve been playing. My David dulcimer just has this hybrid dulcimer. It’s a Merlin dulcimer. it’s only has, it has four strings. They’re metal, like a banjo. You can play it however you want. You can pick it, you can claw banjo style it you know, you can strum it. Dulcimers are traditionally made to be on your lap. But this Merlin style is more like a guitar. It’s also half. It only has seven frets and I believe the dulcimer normally has 11.
Matt: So when do we get cannabis country album this year, dropping this year?
Chip: Yeah, let’s drop that shit.
Matt: 2021.
Chip: You know what it’s, you know what I really like about it, is it sounds it is, so I really love the banjo sound and the banjo tuning, right? You get the claw, the banjo claw to it. And really have a great like, banjo like, sound.
Matt: Nice.
Chip: Right?
Matt: Yeah, I like the banjo sound, too. It’s unique and different.
Chip: Yeah. I mean it’s all based on that root music back from Africa man. You know, that same tuning. There’s something with the harmonics in the world and like, how that same tuning that’s in many instruments, Indian stringed instruments, and African string instruments. It resonates.
Matt: Creates a unique sound.
Chip: The universal buzz.
Matt: Yeah, I like that.
Chip: Yeah, totally, totally. Universal frequency.
Matt: Universal frequency, that’s right.
Chip: Yeah.
Matt Well, sounds good.
Chip: But yeah, just kind of like weed.
Matt: So yeah, that’s why I got into cannabis that way. CBD was a big part, probably about a year into after I started in cannabis, smoking cannabis. Pretty much on the back porch at night, relaxing, chillin’. Notice that I stopped watching as much TV, it was more of just like, hanging out, having more conversations. And so, it really improved my life in a lot of different ways. And I felt like just some of the patterns I had growing up and programming of what to do in life started to become more aware and more conscious. At the time, my ex-partner had a couple of autoimmune disorders, and we started learning about CBD through it. And it started really helping her improve her energy, and overall mood, and different things. And so at the time, was wanting to get out of Oklahoma, wanting kind of a lifestyle change, because I grew up here my whole life. And we were looking at places in Colorado. It was obviously a big cannabis state. They were big into hemp. It’s probably one of the biggest places in capital for yeah, for hemp. That and Kentucky, I think was two early adopters.
Chip: Absolutely.
Matt: And so moved up there to learn about the plant. We started our own brand. I started consulting with a company that was making CBD isolate at the time, which is about flexing, four and a half, five years ago, so it was pretty new. Yeah, I learned a lot about the chemistry side, started jumping in the supply chain about the growth side, and really just learning good growing techniques, what people were doing, how to grow hemp, because I was unfamiliar at the time. And then how to extract it, and basically for minors and different things like that. So like I said, I’ve been involved with a lot of different areas in the supply chain. But when we first moved up there, it was a brand. When we started up there, I think when we first started CBD, there wasn’t like many manufacturers won’t touch this stuff. There were still a lot of regulations, banking was a mess. And we got shut down several times and banks, and credit cards, and all sorts of stuff. And so it’s just, even now it’s still a little bit challenging, we’ve got a lot better. But really, there was no manufacturers that took touches so we ended up getting our commercial kitchen license and getting some of the licenses we needed to start manufacturing products, and doing products ourselves. Did that for ourselves and other people, and the market’s taken to some crazy turns over the last three years.
Chip: It’s been like a rodeo man.
Matt: Oh, yeah. Oh, yeah. Well, I think with hemp because it’s not, it wasn’t, it had that not same regulations as cannabis did, because it was federally legal, it got a lot more attention and money. So there’s big players starting to dump money in the last three, four years, because there’s a multi-billion dollar market that’s forming. And so people are wanting to get into it. But then, there’s a lot of people that I feel like with cannabis that they’re like, “Oh, it’s gonna be big. We’re all gonna throw money into it.” And so they infrastructure, almost overbuilt, a lot of people started popping up that were making different isolates, and different farming. And when I first started, our farmer made $90,000 an acre on his farm.
Chip: Oh, wow.
Matt: Drawing hemp. Now back then, it was I think Colorado had like, three or four years that they had that pilot program that they were able to do that.
Chip: Oh man. I tell you, I saw all that happen and I really missed out on it all. I tried to get involved with it, but like, it just, I was just so busy with the rest of my world that I just couldn’t get involved with it. It was an awesome, that was an awesome time to be in hemp. And I mean, it still is.
Matt: It is still is, yeah.
Chip: [inaudible 9:02] now though, ’cause you know, now you’re like, maybe a couple $1,000 an acre, $3,000 an acre if you can.
Matt: If then, that’s when you have to be really efficient. Yeah. Just last year, my farmer that made that $90,000 that I’ve been working with a lot, he ended up getting out of the business, because he made less than he did growing watermelons. And he’s an organic farmer and he’s like –
Chip: I grow watermelons, right? They’re just farmers. Like I grow watermelons more. That was my first crop, watermelons.
Matt: And you don’t deal with it, any of the shit. They can sell the whole foods at Walmart. You know, the watermelons, where the hemp market, people that buy it are all over the board, and changing, and it’s constant chaos it sounds like. So, yeah.
Chip: The market got flooded in so many different areas. There were multiple bottlenecks, there were multiple issues with it. One thing that happened you pointed out was that the hemp market was flooded with manufacturers of hemp juice products flooded with brands, lots of co-packing going on. So a lot of this stuff was all just the same stuff even, right? It was all, so much of it was just and is still just homespun. Homespun people never dealt with marketers or copackers, and might not realize that like, “Oh man, they just made my hemp product the exact same thing as everybody else.”
Matt: Everybody else’s. Yeah, exactly.
Chip: Right?
Matt: And then the more it started being acceptable nationwide in the like, stores and things like that, and all the bigger brands that might already have a name for themselves, but just was looking at CBD as another health ingredient, or adding it to their products and their lines, and they already have the distribution set. So I feel like it pushed a lot of the brands out. And then the ones that got in early that were making stuff like us, it made it very difficult, ’cause as soon as the manufacturer started opening up, they’re set up with large facilities to scale. And so if you’re a –
Chip: You guys are a boutique style. As nice as it might be, it’s just the volume that’s just boutique.
Matt: Mhm. So you got into it, because you had to because the bigger ones weren’t doing it at first, but then after a couple years of regulation changes and them getting more comfortable, they started flooding it in and bring in some of the bigger companies over. And so, I feel like a lot of people that invested heavily in the manufacturing side, which a lot did end up in trouble, you know? And they’re still, some of them that made it survived a little bit longer. But a lot of them those big companies are in trouble.
Chip: Yeah. And it went a couple different ways too, because there was the initial scale that happened where it went from homespun boutique operations to like, the step up, or maybe two steps up even.
Matt: Oh yeah.
Chip: For manufacturing. And then hemp was federally legalized, right?
Matt: Yeah. Which made it a lot easier.
Chip: Everybody could, everybody that ever wanted to grow cannabis could do it. And they did.
Matt: They did, yeah.
Chip: So it seemed like.
Matt: No it really, that’s true, that’s true.
Chip: Do you know any stats from the last year? I mean, 2019 production?
Matt: As far as production, I really, the more familiar set I am is just price per acre. Because you know like, from the farm it was like from 90,000 the first year down to I think it was like, cut in half the next year, down to 10 that was last year, which we were making around $1,000 an acre. And it was like, there wasn’t much sense. They could grow multiple other things. And I think too, it’s just because the amount of hemp licenses I did look at per state, just skyrocketed. I don’t know the numbers off my head, but it went significantly up. And I feel like the supply, basically there’s an oversupply.
Chip: Oversupply. Absolutely, absolutely.
Matt: Yeah, there was an oversupply of the growth, because people and the growers –
Chip: Was Colorado and Oregon could have probably produced all of the hemp for the country, right?
Matt: Yeah, exactly. You know, acres and acres are, that’s a lot.
Chip: That’s a lot.
Matt: It’s a lot. It’s millions and millions of dollars of actual products.
Chip: People went in from the homespun people, the small farmers, the farmers wanted to stick your toe in it. We’re doing one acre, 10 acres, 40 acres. And then all of a sudden it became legal, and I heard multiple people say 100 acre, 1000s acre, right?
Matt: Well if you’re a farm that’s a mass farm and you’re growing hundreds of acres of certain crop on your on your farm, you can make sense out of it, out of $1,000. And that’s still a premium than what you’re getting paid over weed, and other things that you can farm and sell. So yeah, the farmers that have bigger farms, I think they’re the ones that are like, kind of coming in and cutting down the rest. I know so many people that came in hemp that wanted to grow those 1 to 10 acre range. And if you’re doing it by hand, it doesn’t make sense for the labor, and your time, and all that stuff for what you’re gonna to sell it for.
Chip: There is a market for the smokable, or the higher end hemp that you can get into with those smaller acreages.
Matt: Yeah. Which is that, is that popular in the dispensaries here? Or any like, do people buy hemp?
Chip: Oh, it’s at gas stations.
Matt: It’s at gas stations, so people are buying in there?
Chip: It’s a non-weed illegal state, I have been into a gas station that has had hemp or a head shop that has hemp buds for sale.
Matt: Nice. Yeah. Which I don’t know if you’d, do you use hemp, have you smoked them personally?
Chip: Yeah, totally.
Matt: Yes. I’m mixing them with mine.
Chip: I mix it with the ganja.
Matt: Yeah. I mix them with the ganja. I think it’s good like, I blend it.
Chip: Absolutely, it blends great. Because you know, that’s the thing for a lot of the hemp is it’s not fed at all. And it’s just given water, there’s hardly any fertilizer in it. So it might not have the best look. But like, it smokes really great.
Matt: Yeah, it’s more earthy.
Chip: Or it can smoke a really good. The quality of the smoke is good. It might not have the flavor, it’s not stunning but like, it’s a really good smoke.
Matt: Yeah, it’d be more like more of an earthy blend to me as I’m grounding and mixing it.
Chip: Matt, you know what? We’re gonna grow some ganja that way next year.
Matt: What mixing them, half and half?
Chip: No, no. I’m just gonna grow it like hemp, and only water, and just give it some water, and not pay it any, much attention at all, just for the smoking quality.
Matt: Yeah, okay.
Chip: Because then I can mix ganja in with my ganja.
Matt: Okay, yeah.
Chip: No, water only cannabis is the best smoking cannabis, no matter how you, if it’s ganja or hemp, just –
Matt: Just water only.
Chip: Just water only. It’s just how it is. The volume of water just changes the composition of it.
Matt: Okay. Do you give nutrients and things like that?
Chip: Mix it all into the soil.
Matt: Soil, right. Caring more about the soil.
Chip: Yeah, yeah care more – or I mean even if you use synthetic nutrients, you just like, give it the synthetic nutrients two, three times and then water.
Matt: Yeah. So water is the main, yeah.
Chip: Yeah, water. Water. But yes, it’s not. I mean, fat kids love cake. That’s my theory of growing cannabis. And if you want fat cannabis plants, you got to feed them.
Matt: Feed them water.
Chip: No, feed them fertilizer. Fertilizer, if you want fat ones.
Matt: Okay, gotcha. Gotcha.
Chip: I know that’s not a politically correct statement. But everybody can identify that I was a fat kid. I loved to eat cake, I get it, right?
Matt: That is the perfect analogy.
Chip: Right? But yeah, no, you gotta feed it. Yeah, I don’t know why like, a million people tell me that you don’t after we just said it. But hey, that’s cool.
Matt: Yeah. Do what you do.
Chip: No, yeah. Hey, man, if you want to get that price per acre up, you got to spend the money on it in order to put the fertilizer in it to get more out of it. And there is a cost benefit there. You know, like, you can either do it for $10,000 an acre organically, which is a shit ton when we’re talking about 100 acres or 1000 acres, right? Or like, synthetically, it might cost you 500 bucks.
Matt: Yeah, exactly. I don’t think that the organic markets quite doesn’t pull that much higher of a price right now, for cannabis in general. I’m a profound proponent of organic farming or [inaudible 16:50] and stuff like that. But I do feel like there’s not enough market right now to differentiate if you’re a grower for the cost sometimes. So yeah, I think it’ll start to pop up a little bit more. There’s gonna be some buyers that are –
Chip: No, it already happening. No, it’s already happening. I already see organic cultivation in Oregon. And people ask if it’s organic, you know, and I haven’t seen that for a long time.
Matt: Yeah. Certainly. People are caring more for sure.
Chip: Yeah. So hey, man, this is a perfect time for us to roll into a break.
Matt: Sounds good.
Chip: Hey, let’s a take a moment.
Matt Alright.
Chip: Hey guys, it doesn’t matter if you’re a hemp farmer, or if you’re a medical cannabis farmer. If you’re farming in your basement, if you’re farming out in the back, 40 Cultivate Garden Supplies can help you. If you need anything from truckloads of soil to pints of fertilizer, we have it all. You can contact us online, we ship all over the country and the world. You can look us up at cultivatecolorado.com, cultivateokc.com. And if you need to talk to somebody great, just walk into one of my shops. Ask to speak to anyone, anybody. You don’t even have to ask to speak to someone, we just come up and start talking to you. They can help you solve all of your fertilizer problems, all of your lighting problems. We serve as the largest, most commercial gardens in the country, and the smallest most boutique. And I’m just getting started guys. So please come by. We welcome all of you Cultivate Colorado in Denver and Stapleton, Cultivate OKC in Oklahoma City, and please check us out online, cultivatecolorado.com. Yeah, man. Nice little break. Wow, I can’t believe you did that with that bong man. That was incredible. I can’t even smoke one of those anymore, you know?
Matt: I like the bongs. Yeah.
Chip: I know, I know. Everybody’s heard about the bong at The Real Dirt studio. Man, the industry kind of, it went flat. It went more than flat this past 2020.
Matt: Oh yeah.
Chip: Right? Has it recovered?
Matt: I feel that it is recovering a little bit. I think most of the people that have flooded the market with like, came into hemp as like, this is a gold mine. Farmers are making 10,000 an acre were used to doing this –
Chip: Gold diggers. Gold diggers.
Matt: Exactly. They came in and lost their ass in 2019, 2020. And so, they’re slowly getting up.
Chip: Oh man, I’m sorry for you guys.
Matt: Yeah no, I mean it’s, if you were in those, if you came into hemp for the first time to grow during those times, it was definitely going to be challenging. Not only to grow, but then to sell, because I don’t know about you, but I think every hemp farmer I’ve met, any cannabis grower, the first year is always a learning kind of journey. And you know with hemp, you get one shot that year in most places, at least I think in California and places they might have more growing seasons, but yeah, you had a hard time. And so, most of them I think are got out and so where it’s kind of normalized the supply chain a little bit. Some of the bigger guys that are still in there, they’ve kind of driven the price down, got their price to where they know that they can money on it. And yeah, that the hemp market is completely changed, and it’s really elevated on a global level too. There’s people growing all over different countries, and just like most of the other crops and commodities that we have, wherever the cheapest and makes the most sense to grow for the climate, is where I feel like there are gonna be the most growers, and the most activity going. And I think that’s gonna be happening with hemp too.
Chip: Oh yeah, absolutely. I mean, it’s that way with every other crop, right? There’s some superior areas to cultivate it. It doesn’t matter if you’re talking, we were talking watermelons earlier. Like man, Florida’s a great place to grow watermelon.
Matt: Yes, yeah. Oh yeah.
Chip: But weed is harder to grow there, right? It’s just so humid.
Matt: Humid, yeah. I figured it was the humidity.
Chip: You know, I mean, it can be done, absolutely and people are crushing it down there. But it’s not as easy as say like, Oregon or southern Colorado, right? Where it’s nice and dry, and you get, all your water comes from irrigation. You can control it all.
Matt: Control a little bit more.
Chip: You know, and in Tennessee like, it might rain every day of the harvest season. Yeah. Kentucky’s kind of the same way, but it can be a little drier all throughout the east coast are affected with the hurricane season like, which correlates with harvest season.
Matt: Yeah, growing’s different in every climate, I’m sure. Obviously, it changes constantly, and so, yeah. It was –
Chip: Absolutely there’s always something to learn no matter where you go, it’s gonna, it can if you’re open to it, you can submerge yourself into the environment and kind of read what’s going on, understand. If you understand what the plant wants and needs, right? Then you can manipulate both the plant and the environment to do what you want. It might not be exactly the same, but you gotta pay attention.
Matt: Oh yeah. And I feel like with cannabis or hemp growing is going to be, if you’re starting out, it’s probably not the best place to start in the industry right now. If you’re looking at doing smokables and growing some higher end stuff, then that’s a little bit different. But I think there is a market for those and they are pulling in the $150 a pound versus right now, I think like, yeah. 5, 10 bucks for you know, or lower depending on you know for points, yeah. It’s pretty high.
Chip: I even see people pulling good money on it, on
Matt: Smokable?
Chip: Smokable. It all depends on how they sell it. But you know, it’s out there. So the future, I mean, the history of hemp has generally been CBD, and maybe some like, snake oil medicine and but it’s really started to mature. And this flood, the thing about floods is historically, the flood will come in and they wash off all the trash us humans like, have put in the way, you know? What they leave is fertile ground, for us to like, rebuild on, you know? And then that’s what’s going on right now in the hemp industry. I think a lot of the like, gold diggers came and went big and small, came and went. Some of those gold diggers turned into like, real cannabis farmers and are interested in it and like –
Matt: Yeah went to stick with it early –
Chip: Went to stick with it and you know –
Matt: All the brokers went to PP or the you know, the PPE or whatever equipment [inaudible 22:23] they just follow the money and whatever big industry is there.
Chip: “Oh, I’m a broker hemp, oh a broker PPE.” Yeah. There’s nothing wrong with making money, dude. I get it if that’s your hustle like, sell buy, buy, sell. Whatever it is.
Matt: Sure it is, yeah.
Chip: I mean, [inaudible 23:42] to this plant. I can’t seem to do anything different beyond it. Or even want to honestly. I mean, I have other interests in my life, but this is the only business I want to be in.
Matt: Yeah, no, I’m the same way. I’ve been in it for almost five years now. And I don’t, I’m in it for the long term too. So not one of those quick fly by night.
Chip: Because I mean, it is a business plan. People come in to me all the time and they say, “Hey, in three to five years we’re gonna exit,” right?
Matt: There’s probably a lot of opportunities with dispensaries and cannabis, especially if it’s been federally Iegalized –
Chip: I have seen people do it all the time successfully. And I don’t see anything wrong with it. Tap on, I hope people do it. You know, like lately, “Hey, let’s go do it man,” you know? I’m on different trip, bro.
Matt: You like to be in the plan and learn it, yeah. Be in the –
Chip: Yeah, totally. I want to be in the mix, man. I want to be in the dirt. That’s why this is The Real Dirt, right? So the real dirt on hemp, cannabis genetics. We just started to like really, like, really get into that right? You know, the first thing is everybody just wanted some weed, wanted some hemp, wanted some CBD oil, wanted some relief, wanted some, those urge for cannabinoids that us humans need and want without even really realize it, but the truth of the matter is coming out. Now there’s all other secondary compounds that are being developed, they’re are already there or have been like, applied. Let’s talk about some of that.
Matt: Sure. I think the first one that kind of came out was CBG, because they can, they’re making genetics now that are high-end CBG, which is the first cannabinoid that the plant grows into before it kind of blooms to CBD, THC and the other various cannabinoids. And the genetics, when they’re making that plant high-end, it’s going to grow higher percentages and extract at higher percentages too, that you can make final products with. And I think some of the things that are going on right now that I see in the industry is that on the chemistry side, they’re learning how to take industrial hemp, which is 0.3% by dry weight, Delta-9-THC, and basically formulate through chemistry mainly by sunlight, heat, sometimes pressure to form different cannabinoids. All the cannabinoids kind of like, turn into different cannabinoids, and don’t care which side off the top of my head, but there’s like, a whole entire tree where CBD might turn into CBN, and then after a while, CBN might turn into a CBC. And there’s this whole like, tree that they turn into different ones. And so yeah, I feel like the you know, we’re able to generate from industrial hemp which can be mass harvested through chemistry, turning them and things like Delta-8-THC, which I feel like it’s very popular. We kind of talked about it a little bit. I like how you said a THC light?
Chip: THC light.
Matt: It’s like THC light to be really honest. But I think it’s awesome for people that are new to it. And like you know, new to THC, or maybe they taken, to me, I feel like hemp is a good stepping stone to people that are like, brand new to the plant. You know, they’re a little sensitive. And so you know, if they took a big bong rip, you know, it’s gonna be a little different experience for them. But taking –
Chip: They might pull a Stevie Wonder that’s for sure.
Matt: Exactly.
Chip: You know, getting stoned blind and start singing.
Matt: Oh, yeah. Definitely, man. Definitely.
Chip: Oh, that goes out to my good sister in law.
Matt: Yeah. Yeah, nice. It’s a good stepping stone. And, you know, D-8, I’ve experimented a lot recently myself, and I really enjoy it. You know, it’s more of a body high and less of a heady high. It kind of gives me that giggly and relaxed feeling, not taking pretty high doses. I feel like with D-8, especially for me, it’s been like, 100 milligrams, versus like, 20 in the edible that I might do. So it’s probably five, four or five times, I feel like you need more of. But really, it’s been great. And I feel like, you know, if I’m trying to still focus and get something done, but want to relax and have a body high, Delta-8 has been great for me on that. And so there’s just cool that there, I think the market, new market is like-
Chip: Let’s talk about Delta for a second. It’s legal in many areas, and only a couple of states have defined it.
Matt: They kind of defined it as legal.
Chip: Yeah. Right, right.
Matt: And who knows what’s gonna happen? Because I think the DEA or the FDA, right now it’s in that gray area, because the only define laws we have are around Delta-9, and that you’re in 0.3% by dry weight. So when you extract it, it’s even in higher percentages, and that’s another debate. But yeah, I think like, some states have came out and said they don’t want it. But overall, the DEA and some of the statements have around from, it’s still derived from the plant, as they term in the Farm Bill industrial hemp. It’s kind of one of those areas where they might come in and interpret it someday, and be like, “It’s too close” and things like that or whatever, but we’ll see. I think in the next six months to a year especially with all the activity we have with like, federal legalization and things like that, we’ll know more on those. But I feel like there’s a lot of opportunity right now, because they’re getting popular, and less people are doing them. And there’s some good alternatives to like you know, I think for more affordable like Delta-8’s pretty affordable in general for you know, comparatively to Delta-9 just because of all the regulations and things you have to do around Delta-9.
Chip: Oh, absolutely. Give me the 9’s but hey, I’d love to have some 8 too. Don’t get me wrong. It’s fascinating, we’ve been saying this for years, that it’s not just THC, it’s not just THC, it’s not just THC, it’s not just THC. But be it in Colorado, and California, and some of the other states have really pushed this certificate of authenticity, this high THC number to sell product, or low THC number to sell product. But you know, they’ve just put THC-9 as the boogeyman honestly.
Matt: They have.
Chip: You know? And the good thing is it means everything else is pretty much legal on the plant.
Matt: Yeah, pretty much. So they focused on that entirely and forgot about the other seeds that are very similar. They play on one of the two receptor cell sites in your body CB1 and CB2 and –
Chip: Yeah, yeah, yeah. So it’s good. Now see, CBG was one of the first alternative cannabinoids besides CBD, CB, THC that I had –
Matt: Heard about so?
Chip: Well that I actually got to use. Like I’d seen like, I’ve seen them all, read papers about so many of them, and there’s like, theories. There’s hundreds, or 15 or –
Matt: Gave you used the CBG product? Like have you dabbed it or..?
Chip: Yeah, yeah I had CBC, CBG Hash, CBG Key –
Matt: What did you think?
Chip: CBG – first it was a Moroccan style hash made from CBG. She was great, very uplifting, relaxing at the same time, but we literally like, packed a bowl of it thinking it was bedtime. So we packed some hash. And because we also had their CBD hash, this is in in some part of Eastern Europe. Man, we fired up the CBG, we started chatting, everybody started chatting for hours and hours more. Like, “Let’s go get some more food.”
Matt: You got more like I guess, energized?
Chip: Energized, yeah, totally, totally energized. You know where the CBD is far more relaxing.
Matt: Yeah. Some people say CBG is more relaxing too. I don’t know, it seems like everybody’s system sometimes responds slightly different.
Chip: It is. I’m a professional user. So it really, it’s similar to how cabo works, that’d be a great description. It’s stimulating yet relaxing.
Matt: Yeah. Yeah, I would agree with that. I feel like all cannabinoids are still overall relaxing. I’m more chill. I’m more sitting back, I’m more aware and observant around me. You know, some of them make me a little more tired. CBN specifically makes me a little bit more drowsy when I take CBN. Even Delta-9 sometimes makes me tired, but depends on you know, terpenes have so much to do with that too.
Chip: Sure. Absolutely. Yeah, we’re big fans of Lemon G, and we’ve got a Lemon G Dosidoe. And we also have a Gils and Nils which is a Y cross with Georgia Pine Skunk strain. But none of those are real –
Matt: Stimulating?
Chip: Yeah.
Matt: Also tried those. Yeah.
Chip: Sometimes I’ll confuse those in the evening. And like, like last night, right? Or it’s just so good, because it’s got that pentatonic buzz we were talking about earlier, you know? That I’m just buzzing and don’t want to stop, you know?
Matt: Oh yeah, oh yeah. When you do that, does it make you not fall asleep? When you have the [inaudible 32:36]?
Chip: Yeah, yeah, yeah.
Matt: So you’re up more when you do that?
Chip: Yeah. Totally, totally.
Matt: I always see that I could find like, sleep though when I’m, when I need to even with –
Chip: Yeah, you’re like my wife, Jessica. Yes. She’s like, “Oh, I’m gonna go to sleep now,” you know?
Matt: That is like me.
Chip: You know? And I’m like, yeah, I struggle.
Matt: Yeah. Okay. Is that one of the reasons why cannabis helps you a lot, is it?
Chip: Man. I am manic as hell, man. I mean, up and down. I get so excited about stuff. Oh, I’m so excited. Right? And then I mean, I also like, feel it really, too. And I get like, really like, you know, depressed. I shouldn’t say really depressed but like, you know, I really feel it when I lose something, or it doesn’t work out for me. I’m a little bit of an emotional roller coaster and cannabis absolutely evens that out quite a bit. It makes it oh, man, the font’s not exactly right on that, right? Like, you know, instead of just like, “Oh my god damn it. This font’s not right,” right? And for those of you who get into fonts, you’ll understand. “Not that one. Not that one. Oh, man, this, I need this one. Where did the guy get this one?” Yeah, you know, there’s just like, a million fonts out there. You know, I’ll obsess over it. I’ll swing one way or the other. Like, “Fuck it. I don’t care. Use anything. Oh, no, that one sucked. I can’t use that one.”
Matt: Not that one.
Chip: Not that one. You know? Yeah. So cannabis really helps me with that. But you know, I mean, I also, like, a common problem so many of us have is like, I really enjoy the manicness of it sometimes, too, right? And it’s part of like, who I am. And you know, it keeps you know, things exciting to some degree. I don’t want to just be “brrr” all the time. Yeah, you know, but I need to calm down a little bit. Yeah, I need to calm down a little bit.
Matt: Helps you, yeah calm right aways.
Chip: Right, right, right.
Matt: That’s one thing that’s helped with me too. I agree. I think that’s one of the biggest things that I’ve noticed people overall takes them down a notch, kind of where they, a little more chill, and calm, and look at things from a little bit different perspective.
Chip: Yeah, I definitely don’t want any medication over you know, my manicness. But I bet many people with my condition are given it, you know? Or don’t even understand their weed, or do they have like, this simple access to it. Heed on to the nation, man. Hey, I gotta give a big shoutout right now to King Shiloh Sound Systems. If you guys don’t know King Shiloh, I want you to stop what you’re doing, go onto Facebook, go onto YouTube. Look up King Shiloh Sound System. He’s out of Amsterdam. And it’s a group of DJs who previously pre-COVID would go around and have these big speakers and do these big sound Wall of Sound type shows, right? Old school 70’s Led Zeppelin, Pink Floyd, Grateful Dead style.
Matt: That’s awesome.
Chip: Right? But the best reggae you’ve ever heard. These guys have the deepest cuts. They have the best, the biggest collection of reggae singles and vinyls I have ever – I love reggae, I’ve been listening to it for 25 years. And these guys absolutely crush it. Nettie? I think he’s one of the DJs, big belly, overalls, a big white beard. Man, he plays just incredible singles. And, you know, interesting thing about Jamaica, is they got all of our leftover recording equipment from the 50’s and 40’s. And back then like, they just made singles and radio stations would have songs and you know, and so they got all of that equipment, started kind of replicating the same type of thing, right? Like, lots of small producers, lots of like, singles every week, singles every week. Anybody could show up and make a single every week. So all this stuff’s off copyright now, right? So King Shiloh, they play it, so it’s all the stuff you’ve never heard of from artists that you know they’ve lost the copyright or publishing or however YouTube allows you to do it.
Matt: So they can just take it and run with it then.
Chip: King Shiloh Sound System, YouTube, Facebook, everybody please check it out. Tell King Shiloh Chip from The Real Dirt sent you.
Matt: Alright. I like it. I’ll have to check them out. Definitely check them out.
Chip: Oh, it’s great. They play a live show out of Amsterdam every Saturday at noon.
Matt: Okay. How many of you been to? You said –
Chip: Well, it’s all Facebook now. So he’s got 42 that he’s released since COVID, right? Yeah, and man, if you love reggae, or if you’re even interested in it. That’s how to find out about it. Listen to his 80 hours of reggae.
Matt: Nice man. [inaudible 37:45]
Chip: I would suggest episodes, some of the mid-teens, 12, 13, 14s, those are some of my favorites.
Matt: Okay. Good to know, man. Thank you, reg.
Chip: Reggae sidenote.
Matt: Reggae sidenote. Reggae and cannabis goes along great though, and there’s something to them that –
Chip: I mean, just music in general and cannabis go pretty good together.
Matt: Yeah.
Chip: I need more musicians in here. I’m gonna bring some more.
Matt: Yeah, you have to have some people play in.
Chip: Yeah, yeah well, you know, just talking about getting stoned and you know, using you know, cannabis as a performance enhancing drug.
Matt: Yes, exactly, exactly.
Chip: A little PED.
Matt: It’s part of the like, a reggae musician prerequisite is cannabis, I think. A lot of them use.
Chip: Yeah, I’ve met a few that have shoved it but not many.
Matt: Not many.
Chip: But yeah, not many. You know, reggae’s not really off topic, but we did move along a little bit. So what do you see coming forward for hemp and hemp farmers and hemp industry people?
Matt: Sure. Like I said, on the farm side, I feel like the boutique side, the smokable flower side, if you’re looking to get into business or looking for opportunity, that’s going to be a better opportunity. Most of the products and industrial size are going to be mass farms. If you’re not into that, then it’s gonna be hard to compete, and the market’s more of commodity. I think on the extraction side, same thing. It’s a little bit more commoditized now. There’s some large companies that got into it, got a lot of investments, so the price for them to create CBD oil and isolates and things like that have gone way down. The labs that seem to survive and that I work with a lot now, are the ones that are good with minor cannabinoids. Finding ways to produce these minor cannabinoids from hemp, so they can be sold on the market. Like the ones that are Delta-8 are crushing it obviously, because it’s similar to Delta-9, but they’re able to sell it in more states and things. And so, I feel like that’s yet another opportunity. And then on the brand side, I would say, if you’re just gonna say, “I want to set up a CBD product,” it’s gonna be, you’re gotta have to differentiate yourself. You need the target market you’re going to be going to, an audience you’re going to be serving, and really trying to – I feel like with anything, like Dollar Beard, Shave Club or whatever, razors and stuff wasn’t new and it was a huge market already. But they took it, did a little something different with it, made more of a, targeted to a certain audience, had a different experience and packaging and stuff, and then they crushed it, didn’t they? So I think you know, doing those kind of things in cannabis is more what I’m really focused on, and creating experiences around it. Would love to have a property in the mountains and doing retreats and events around it. And really people can come in and experience it in a safe way, as well as try some different parts of it, I think are going to be really popular. You know, and I think overall just the event and experience industry is going to grow starting this year, from this whole last year not having any events and experiences. So, I feel like that’s going to explode as well. So those are the areas that I feel are most going to explode if you’re looking to get into the hemp and CBD industry. You know, the minor cannabinoids, the boutique products and if you’re on the brand side, it’s really finding your audience and unique people that you’re calling to.
Chip: Everyone who had a rough year in 2019 that decided to keep into it they did, they probably scaled back and really realize this year how to move forward with their business. Some people fell apart, some people waited. I know a few big organizations who were just like, “Oh, yeah, we don’t, we’re not going to grow anymore.”
Matt: Yeah.
Chip: Right? And some of those people may come and go. I think the wisdom of age of the industry is starting to develop. And you know, out of the necessity or the desire or the want, so many businesses and so many products and so many brands have been developed. Nike’s one of my favorite, favorite stories and it came out of like this need for an athletic shoe, right? And even though there were stuff out at the time like, they were the first people who really started to do research on it –
Matt: And cornered that market.
Chip: And cornered that market. And I think that like, the hemp industry is in exactly that place. The cannabis industry is in exactly that place where now, we have time to do research and development. We have time to like, standardize practices and not just think about it as like, this get rich quick scheme. My friend Stacy Johnson, Stacy J of Harvest House, he likes to say, “Getting rich quick since 1989.” And it’s so true but like. right now, I think it really offers that time. And people had all this hemp laying around the past year, they were able to do all kinds of stuff with it. I think the textile market’s coming down.
Matt: That’s different, yeah. I feel like that could be a huge market that really is picking up. Again, I feel like on the growing side, they’re going to be in huge farms that are you know, they’re growing and 15, 20 foot high plants, and they’re coming with harvesting machines that are you know, it’s very efficient, and you get very little bit of a –
Chip: I met some guys that have got 1000 acres in like, Nebraska or Oklahoma someplace. They’re doing it for industrial hemp and they’ve got a pressboard plant or something like that, and man, that’s gonna be great. You know, they like, just harvested their crop and like, they’re trying, they’re gonna go and do it all this next year, they’re gonna have their first round of product and, but it’s good.
Matt: Yeah, it’s the innovation I feel like that has the opportunity in those areas of like, taking the hemp [inaudible 43:20] from the growers, and making plastics out of certain molds for construction, or developing products from hemp on the industrial side is going to be big. I think the bigger stuff like the growing, or the extracting, and the commodities are going to be tougher to get in. There’s a lot of people in there and prices are pretty far down, but creating and innovating from those are what I think there’s, it’s infinite opportunity. Like Nike, shoes were around forever, but Nike came in and claim this domain and you know, has crushed it, and I think there’s gonna be, there’s a lot of opportunity within industry to be able to do that.
Chip: Yeah, absolutely. Yeah, man, it’s all just started. It’s all just started. For people who think it’s over with, or you’re not able to like, it’s all like, just starting so hold on to your hats.
Matt: Exactly.
Chip: It’s happening, man.
Matt: It is, it is. A lot of opportunity. Sticking a plant in the ground and thinking, “Alright, I can just do this, follow this process, and make a shit ton of money,” those are over. You know, you had a short window on those, but the opportunity to take something, and do something cool with it.
Chip: Man, I’ll say I’ve been doing it for you know for, wow, a long time. This is my 32nd outdoor year.
Matt: Yeah. You’re OG.
Chip: It’s never been that easy to just stick a plant in the ground and pull money out of. Yeah, like some people, I hear that works. But like, it’s not real, dude. That was fantasy.
Matt: Yeah, you’ve had, every year has been learning, huh?
Chip: Every year has been great, every year has been a learning curve every year. But it’s just, it is a job. If you want to do it professionally, it’s a job. Go grow a plant in the backyard, you don’t have to do much if you want to, right? But you know, we’ve got great top soil there, you got a water sprinkler there like, you got a fence around, like, you know, go grow a field.
Matt: Personal use plants are like that, yeah.
Chip: Right? It’s just a different scenario, but love weed, love everything about it, and just wanted to keep learning more, talking to more people about it, and, you know, helping more people grow.
Matt: Nice. Which I know you do a lot of growing supplies. What do you feel like the market for people that are just trying to do things at their house? Or, you know, I think that’s another opportunity to like, growing kits. Especially if things come –
Chip: Yeah, you know, we’ve tried to put a lot of kits together over time but people, the cannabis industry or DIYers for sure, they just want to buy the parts and pieces, and kind of put it together, right? But I’ll say that part of that is grow tents. Grow tents are, you know, they’re hard to get. I mean, there’s just so many of them out there now. Like, if you are one of the 300,000 people in Oklahoma that got your prescription for medical cannabis, you try to go by a grow tent, which is like a little 4×4, 8×8 or 4×8 little vinyl type cloth tent that you can erect in your house, and it’ll light tight it so you can flower cannabis. Right. Everybody is interested in that. And I think they’re one of the greatest things in the world, man, honestly. The entry level for everybody who’s wanted to grow a plant, they can easily go do it in their backyard with a bag of soil. Go pick up a bag of growers, Coco HP, or just drop it in hole in your backyard and plant your plant in it. Like, everybody wants to do that, who’s ever smoked weed or thought about it like, “It’s legal now. Let’s grow.” And honestly, everybody should. Think of how much better it would be. If 150 adult Americans all went out and planted one plant in their backyard. . Alright, let’s split it off into couples and families and just say 50 million Americans went and planted out one plant of ganja in their backyard. Wow, man. We could see some real change in the world.
Matt: Yeah, that would be. It would, and maybe there will be that one day. You know, that’s what I was wondering like, you know, coffee people. I mean, they don’t necessarily grow the coffee, but they’re grinding up the beans, they’re French pressing, they’re doing like, you know, all the extracting basically, the coffee right there in the house. And I’m wondering if cannabis is gonna have that same kind of market to where there’s all these at home, kind of little extraction systems and things like that, it becomes like that much of a household plant, you know? Especially as we get deep down of like, learning more about the plant, the different cannabinoids, and growing different strains. I think it’d be interesting you know? Like I want a little more CBD, or this is more for daytime, or this is more for my nighttime. I’m curious of how the market ends out. And I think there’s a lot of innovation in that area. There’s a lot of room to grow.
Chip: Oh, there’s tons of room to grow, man. It is just starting. Well, hey, Matt, let’s talk about the brand you’re building, and what’s going on with you and your business?
Matt: Sure. Well, thanks man. So currently right now, like I said, I’m really focused on the experience around cannabis. It played such a large role in my life on the way it helped me open up to patterns, and things, and programs that I had that weren’t necessarily serving me, and I feel like it’s a big stepping stone in that. So currently, I have three main core values around our products. Number one is intention setting. So I like to say the analogy of a car analogy. To me, cannabis, and CBD, and hemp are the vehicle that we’re using to get to a place. Our intentions, our navigation, basically like, where are we wanting to go? So we’re really big with for the first 30 days people taking our products, trying to connect with them and find out what are their intentions for taking the products. Is it to sleep better? Is it, why are they wanting to sleep better? Because they’re starting a new business, or whatever it is in life, right? Really be clear –
Chip: The sleep feels good.
Matt: Sleep feels good, right.
Chip: No joke but like, you know people, like, sleep is one of those things that people like, oh, you can’t sleep. And it’s like, if you haven’t been in that position, you know not being able to sleep, we talked about this already, you sleep great.
Matt: I sleep great.
Chip: And I don’t at all, right? And like, man, it is hard, man. Like, you know, and then like, when you start like, taking you know, substances to help you sleep, most of them have some hangover effect.
Matt: Yeah. More drowsy in the morning more. Yeah, I agree. And so yeah, cannabis has been one of the biggest things I feel like for what I hear most people taking them for, help them relax and sleep.
Chip: And you know, inflammation, any type of inflammation I see. I see with CBD specifically, I see the aid in, you know, they’re the other, you know, pharmaceuticals they’re using, right? They don’t have to take as much. It means that they don’t have as many adverse side effects from the pharmaceuticals as well, right? And all that means something.
Matt: Yep. Oh yeah. I think that it’s a natural plant that has a lot of different uses. But I think mainly in helping people relax, kind of helping work on the nervous system and their immune system, which is basically taking their inflammation and why people say that cannabis has helped with such a wide range of things, because it usually comes down to those two things. It helps calm their nervous system down, which I think everybody’s a little bit more wired nowadays. There’s a lot more stimulus we have coming at us in COVID and things like that. We just, there’s more nervous system disorders, anxiety, depression, things like that where I feel like you know, definitely cannabis and endocannabinoid system when it’s healthy, helps the nervous system regulate as well as immune system with inflammation. And like I said, it works on a host of different diseases, and I guess conditions that people say it helps with so yeah.
Chip: And hey man, it’s fine to self-medicate. Damn right, we do it all the time. Like there’s nothing wrong with it. And, you know, that’s why all the over counter drugs are there is because you can self-medicate. Self-medicating with cannabis is one of the most effective, less, least harmful things that anyone can do. And I know I’m preaching the choir here, because we’ve got 30,000 listeners here that are just gonna say, “Right on, Chip!”
Matt: Oh yeah.
Chip: But it’s true.
Matt: It is true, it is true. You know, and that’s, I think with our brand, it’s more of like, set your intentions, have gratitude around it, and really just focus on like, what are you trying to bring this plant to do in your life? And you know, our deal is building a community where we can support each other in those changes, right?
Chip: Are you guys, are you connected on Facebook or Instagram? You have social media platforms you work with?
Matt: Yes, we have. We’re on Instagram, @thealchempist.com. The alc-hemp-ist, I don’t know if some people would debate, the name was based on the book, The Alchemist, have you read the book?
Chip: Oh, yeah, sure.
Matt: Yeah, I love that book. And, you know, to me, there’s a lot of hidden stories in that book and hidden gems in that book of good lessons that you can learn. But for me, it was more about that, you know, the boy that kind of went against the programming that he was taught, and what he’s supposed to be in this world to, you know, discover his own personal legend. And that’s kind of what I you know, with that with hemp. ‘Cause as you know, I kind of was the same way I grew up in a, this was not an acceptable plant, like the devil’s lettuce, like we talked about earlier. And, you know, and finding it, helping in my life and following that path, and my intuition that I’ve discovered my own journey. And so, I feel like everybody can do that with cannabis in their own way. And our goal is to kind of help them set that intention, help them form the gratitudes around it, and then build a community where people that are going in the same direction like, “Hey, we’re all trying to sleep better, we’re all trying to do this.” We can kind of share openly like, “Hey, this is this is working for me. These you know, I’m smoking cannabis at night and I’m using CBD during the day, and this is how it’s affecting me, and these are the dosages I’m doing,” because you know, we haven’t had a lot of research around the plant because it’s been illegal.
Chip: Yeah, next to none.
Matt: Next to none. Because federally yeah, it’s still Schedule I which hasa prevented colleges and things like that, which I’m sure your listeners know too. But Schedule I, you can’t do any research around as much where you know, you have cocaine and meth and all of them are Schedule II. So it’s just nuts how that works, but I feel that you know, there’s starting to become more research, especially hemp and stuff is least introduced the plant because I you know, I tell people hemp is cannabis, there’s no difference. It’s the same plant.
Chip: Yeah, absolutely. All the time. People are, “Oh, hemp, not cannabis.” I’m like, “Same stuff. Same stuff. ” They’re like, “Well, not the new federal regulations.” I’m like, “Nope, new federal [inaudible 53:46].” Right? It just the same plant, it’s just –
Matt: Government had to reclassify to make them feel better about you know, “Alright, we’re stepping, we’re stopping the line at 0.3%.”
Chip: That’s hemp.
Matt: That’s hemp. Now it’s hemp. Now it’s okay. Yeah, exactly. No, it’s an artificial line in the same plant. And so, we’re able to study it from that angle a little bit to kind of see what THC is doing and what, you know, CBD, and CBG, and all these different minor cannabinoids and terpenes are doing inside the body. I feel like that’s going to continually grow. And the more we get into that and more research we get into that, the more we’ll be able to develop products, and have businesses that are focused around certain parts of the plant, and what people are dealing with or need help with in their life.
Chip: Hey, Matt. Well, hey, thanks for joining me today, man. This was a great conversation. I was looking forward to it. We always talk so well together about hemp, CBD and cannabis. Next time you’re down here in Oklahoma, we’ll, let’s go track down some of those industrial hemp people.
Matt: Sounds good, man. Sounds good. Thank you for having me. Appreciate it.
Chip: Yeah, absolutely. And thank you once again for listening to another episode of The Real Dirt with Chip Baker and today, Ma
