Used as a key intermediate in the synthesis of pharmaceutical compounds, particularly in the development of central nervous system (CNS) active agents. Its structure supports the creation of analogs for studying neurological receptors, including those related to anxiety and depression. Commonly employed in medicinal chemistry for structure-activity relationship (SAR) studies due to the fluorophenyl and cyclohexane moieties, which enhance metabolic stability and membrane permeability. Also utilized in the preparation of cannabinoid receptor modulators and other bioactive molecules.