We get together for this episode to discuss everything from the legacy of the late Raphael Mechoulam, PhD, to the economics of THC and regulated cannabis. This episode features Joshua Hartsel, PhD and the show begins with a fun look at Dr. Mechoulam’s massive impact on cannabis research. For the second segment, we discuss the issues regarding “THC inflation” - over estimations of potency and lab shopping that are plaguing the industry.  This topic inspired the episode cover art which, in a first for HLI, was created using a generative AI tool (DALL·E 2).  We end by discussing our interpretation of a recent publication about the economics of the 420 “holiday” and the impact of adult use regulations on medical cannabis operations.