Glass House wants to play the hemp game, with THCA in Texas | Where to order weed online

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Congress included a section in the 2018 Farm Bill that was meant to boost the hemp fiber and CBD industry. They also created a loophole that is now being exploited savvy cannabis entrepreneurs such as single-state operator Glass House Brands.

“Congress accidentally or perhaps intentionally legalized a large amount of cannabis,” Graham Farrar said, the co-founder and President of the company. Green Market Report This week.

Glass House, long-time experts in large scale cannabis cultivation, was well-positioned to profit from developing hemp plays across states, especially in popular low-THC market such as Texas.

So much so that management served investors on an Earnings call last month Kyle Kazan, CEO of the company, described the plans as “quite intriguing.”

Farrar says that he is “not scared” of the competition from larger, more well-known multistate operators who are getting into the hemp smokeable game.

“We know what our customers want: California cannabis,” said he. “We know that we can grow it better and faster than anyone else.”

THCA’s Reach

In many ways the rise of hemp-based products is forcing a wider conversation about cannabis’ future in the United States.

Farrar, in a conference call with investors, touted Texas as a revenue source, citing its low-THC medical marijuana market. He said he had “numbers up to 7,000 hemp dispensaries” in Texas.

He said: “We’re going to run some tests with hemp, and we’ll then see… how the DEA shakes out if any changes are made to the Farm Bill?” Green Market Report This week.

He said, “Can we work together with California to ensure that whatever they want to sell in California, that they don’t overburden their California farmers to grow and sell something that Texas, Florida, or New York would be happy with?”

Likewise, the grassroots support for hemp has become more visible in the Lone Star State, with veteran groups playing a key role in advocating access to hemp-derived goods. This conversation goes beyond boardrooms and regulatory bodies, and touches on issues such as personal freedom and access to medical care for Texans.

“Weed is more legal in Texas that it is here,” Farrar stated, comparing the state’s 1,200 licensed dispensaries to Texas’s weed.

“Texas is smaller and has seven times more outlets than other states… It may not have been intended and it might be awesome, but it’s actually smart that the politicians don’t make a big fuss about it,” Farrar said.

Farrar’s vision of the future for cannabis is as ambitious and as bold as it gets. Hemp could be used as a platform for moving products across state borders. This could prove to be a valuable tool in the future.

He says, “I want to become the Costco of cannabis.” “I want cannabis that people can easily access, that is readily available everywhere, that tastes great in a margarita, and that’s accessible to everyone.”

It’s a dream that seems incompatible to the current patchwork state and federal regulations. Many in the industry, including Farrar, see THCA as a bridge to this future. It’s a way for consumers to be introduced to cannabis products in markets that are still off-limits to traditional marijuana.

He said, “We are setting up the next greenhouse for our expansion.” “We do nothing different.” “Zero things have changed in the greenhouse, whether it is farm-bill cannabis or licensed cannabis, federally licensed cannabis or Interstate Compact Cannabis.”

Positioning themselves to take advantage of whatever legal wind blows.