Used primarily as an intermediate in organic synthesis, particularly in the preparation of substituted phenylpropanoids and cannabinoid receptor agonists. It serves as a key building block in the synthesis of designer drugs and research chemicals targeting the endocannabinoid system. Due to its structural features, it enables alkylation and cyclization reactions that lead to psychoactive compounds. Also utilized in forensic and pharmaceutical research to study metabolic pathways and detect novel drug derivatives. Its reactivity makes it valuable for constructing carbon frameworks in medicinal chemistry projects.