Steve Robinson

like regulating corn whiskey in one way, but potato vodka in another way, because corn-derived alcohol is in some way different than potato-derived alcohol.

It doesn't make sense, but that's the system that we have right now, and that's the loophole that has allowed some of the least ethical players to reap the biggest rewards.

Because we've set up a system now where what they're effectively doing is a form of arbitrage where they know that they can safely and for low risk grow and cultivate in states like Maine or California or Oklahoma and then take that product and instead of selling it in Maine for bargain store prices, they can bring it to a prohibition state and sell it through a smoke shop or a head shop or whatever.

uh tobacco shop and they're going to make more money and the money is also going to be clean once it comes through the visa payment processor are the chinese involved in the hemp stuff too yes they are yes uh the they're it's it's really all one uh uh i guess one one system or one network there's not a lot of differentiation between the the hemp and the cannabis there's cannabis that's being passed off as hemp there's hemp that's being passed off as cannabis

And once they're, they call it blowing it out.

So once you take, you know, in Oklahoma, you can grow a huge field of hemp legally, harvest it, and you blow it out by putting the plant biomass into a canister, passing the gas through it to do gas extraction.

And then the end result is all of this oil.

And there's a couple of different cannabinoids that are in that oil.

With hemp, the most prominent one is CBD.

And you can convert that CBD into THC.

They call those products conversion products.

And then that THC is indiscernible from the THC that you would get from growing cannabis at a flop house in Dexter, Maine.

So they're basically the same thing, but our politicians and our regulatory system treats them like they're completely different.

Like Representative Comer just the other day put out a statement about the value of the hemp industry and how important hemp farmers are the backbone of America.

And I'm sure that there are a couple of guys who are growing hemp.

in an honest way to use it for industrial products.

But the most of the hemp is being used for consumable hemp products.

Maybe more.

More than that.

So it's over.