This compound is primarily utilized in pharmacological research to investigate its effects on the central nervous system, particularly the function of cannabinoid receptors, which play a key role in pain modulation and mood regulation. It is also studied for the development of anti-epileptic drugs and treatments for psychiatric disorders, owing to its potential to balance neurotransmitter levels in the brain. In laboratory settings, it is commonly employed to assess efficacy and safety prior to potential human applications, serving as a valuable tool in medicinal chemistry for synthesizing biologically active molecules targeting disease pathways.