The big-ticket question: What’s THC ? Simply put, they’re the most prevalent compounds found in the marijuana plant.
Indica is supposed to be more likely to cause a sleepy or relaxed state, and sativa likelier to induce a more mentally engaged state.
And hemp — which, by United States law, has to contain less than 0.3 percent of THC — is grown for products such as paper, plastic and animal feed.
It grew a team of three or four people doing research & development for the product into a team of 25.
The company, which has applied for one of New Jersey’s medical marijuana licenses, believes in the product.
Jason Wilson, cannabis and banking expert at ETF Managers Group, which has introduced exchange-traded funds that track the performance of cannabis industry firms, admits the recreational cannabis industry faces some headwinds.
Converting existing cannabis users over to a legal and taxed marketplace for cannabis sales was expected to be a boon.
They might be in luck.
Shaya Brodchandel, CEO of Harmony Dispensary in Secaucus, one of New Jersey’s roster of medical marijuana businesses, is interested in what new demographics the recreational market might bring.
“I do think there will be a market new to cannabis as adult-use takes its course in the state,” he said.
“So many of us did our field trials, as they like to say, in university and college,” she said.
Tricia Vanderslice was named president and chief operating officer of Civilized right as it was relaunching with Riedle at the helm.