A flowerhorn living in a 8.0 water and transferred into even a 7.5 pH will starve itself and change its entire attitude to death. Happened to me once with my most cared for and valuable flowerhorn and I am not going to make the same mistake again. Even though they are from CA cichlids, they prefer higher pH than lower pH.
As far as those CaribSea Aragonite sand, it would be a bad idea. The reason why I said that is because those sand are off from the reef(I believe they are from the reef) and that means that they contain a high amount of salt. If so, why not use it for African Cichlids? Which I find that no one uses for African unless their African's are brackish fish.
Best if you would just get some crushed coral and put it in your tank, slowly add 1lbs each day until your desired pH. You can also do it with sea shells, but crush corals can provide beneficial bacteria to grow onto.