Vaping and concentrates is the fastest growing product category in cannabis, second only to flower. How does your brand capitalize on this trend?
Cannabis concentrates are expected to hit sales of $2.9 billion in 2018, up 49 percent year over year. That would make the concentrate market the second largest, behind only flower, according to the report. By 2022, concentrate sales are expected to nearly surpass flower sales in terms of size, at $8.4 billion, compared to $8.5 billion for flower sales.
Source: A 2018 report by BDS Analytics