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We unpack the 365-day clock facing hemp-derived THC beverages, why the category exploded, and how a policy rider vaulted prohibition-style limits into law. Martín Caballero of BevNet joins us to map realistic paths forward, where coalition power lives, and what compromises might actually work.
• why hemp-derived THC drinks resonated with mainstream shoppers
• how a funding bill rider created the new 0.4 mg per package limit
• why fragmented advocacy loses to unified, well-funded lobbies
• lessons from retailers and distributors who want the shelf to stay
• a pragmatic path: low-dose through three tiers, higher dose in cannabis channels
• why beverages won’t simply shift to illicit markets or dispensaries
• what data, packaging, and age-gating standards could secure legitimacy
• the role of investors, timelines, and state-level regulators
• scenarios for compromise without collapsing innovation
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High Spirits is brought to you by Vertosa and Wolf Meyer.
Your hosts are Ben Larson and AnnaRae Grabstein.
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Remember to always stay curious, stay informed, and most importantly, keep your spirits high.


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Chapters

1. Setting The Stakes And Mood (00:00:00)

2. IgniteIt Conference Takeaways (00:02:18)

3. Personal Impact And Unity Calls (00:04:22)

4. Chaos, Lobbying, And Power (00:08:45)

5. Introducing Guest: BevNet’s Martin (00:10:05)

6. How BevNet Covers Cannabinoids (00:11:32)

7. Why THC Beverages Took Off (00:13:35)

8. The “Own Goal” And Retail Proof (00:17:05)

9. What The New Hemp Language Does (00:18:52)

10. Why It Passed And Media Lag (00:22:06)

11. Can The Category Survive A Year (00:24:48)

12. Investors, Supply Chains, And Risk (00:27:14)

13. Alcohol’s Dilemma And Motives (00:29:02)

14. Three-Tier System And Power (00:32:08)

15. Unity, Polls, And Backsliding (00:34:32)

16. Will Money Or People Decide (00:37:05)

17. Retailers And Distributors Push Back (00:40:04)

18. Target, Circle K, And Timing (00:42:05)

19. Path Forward: Low Dose Through Three Tiers (00:43:58)

20. One Plant Vision And Realpolitik (00:47:02)

21. Focus The Ask And Avoid Sprawl (00:50:10)

22. Would Sales Shift To Dispensaries (00:53:18)

113 episodes