Cannabis industry is one of the areas that is developing at an incredible pace. In order to keep with the latest trends, you need to know and understand what this market will be all about in 2019.
Cannabis flower at the moment constitutes the largest percentage of sales of all cannabis products. But this will not always be the case. The current share of concentrates is beginning to grow throughout the market. The leaders of course are vape cartridges, disposable vape pens, refills and so on. There is rapid growth of vaping overall throughout the globe as well. In addition, there are also trending flavors, such as Meyer Lemon and Blood Orange.
The next actively expanding niche is edibles. And their growing popularity is due to the wide range of products. It’s not just cookies and brownies. Donuts are back. You got exquisite chocolates and a huge variety of them – it has even reached the Oscars . And a separate subcategory of the edibles is beverages. Marijuana infused drinks are the most growing category. The market is being overwhelmed with teas, cocktails, infused pops and solubles and others.
The general data without categorization shows the gaining popularity of low-dose products and people are beginning to prefer cannabis instead of alcohol. The preparation of topicals, edibles and so on involves derived molecules of the THC-V, CBG, THC-A, delta-8-THC types since the consumer is already spoiled and requires new tastes and sensations. Conventional THC and CBD no longer surprise a connoisseur with years of experience.
There will be a lot of work on the packaging in order to avoid misuse.
On the legislative level there will be the following – cannabis will not reach the federal legalization in 2019 and probably still remain a Schedule 1 drug, the same category as heroin is in. But THC molecules obtained from cannabis have already transferred to Schedule 3.
As you can see, the industry is actively developing, and you need to keep a finger on the pulse in order to keep track of all the latest innovations. Visit Silver Stem Fine Cannabis website and subscribe to the newsletter for the most up-to-date information, discounts and useful analytical articles.