The cannabis industry continues to grow and expand which is making it vital to stay in the loop on the latest trends. Cannabis products are becoming more popular each day. People are using cannabis to treat a variety of medical conditions, and the number of products on the market continues to grow. Some of the most popular products on the market are different types of bongs, vaporizers, dab rigs, as well as other accessories available at the best online headshops.
Knowing what is happening in this industry can help you capitalize on new opportunities and avoid any potential pitfalls. This blog post will take a look at some of the trends in the cannabis community that stands out as the most important and with this information, you will be able to make informed decisions about your business strategy that will keep you ahead of your competition.
1. Increase in Blog Content
With cannabis rising in popularity and more and more people embracing this herb, there has been an influx of blog posts that focus on cannabis and cannabis-related content. Cannabis enthusiasts, medical professionals as well as others within the cannabis community, are taking to the internet to share information about cannabis which includes what it actually is, the different components, the health benefits, and other relevant topics such as consumption methods, and even the impact of cannabis in the entertainment industry to name a few. This has played an active role in the destigmatization of cannabis and is helping to paint cannabis in a positive light after so many decades of the media and society demonizing this plant.
These blogs are also showing people that there is now a reliable and effective way to naturally treat many health conditions which means that more people can shift away from mainstream pharmaceuticals and embrace a more holistic and healthier healing method. The health benefits are important for people to know as well as the innovation and technology in the industry.
2. Knowledgeable Customers
The rising use of cannabis can be linked to access to more information about cannabis. With more information accessible and knowledge increasing, people are now using cannabis for wellness and not just as a way to get high. People have become awakened to the fact that cannabis can help treat serious issues affecting a mass of the population in the world including anxiety and depression.
First-time cannabis users have increased by 140% in 2021 and additionally, 76% of doctors in America are in support of cannabis for medical use. Knowledgeable customers have led to a rise in the demand for cannabis and an overall boom in the industry.
3. Better Growing Techniques
One of the latest cannabis trends has been indoor cultivation and crop steering is being adopted to optimize as well as maximize cannabis production. In the past few years, several crop steering techniques have been explored by cannabis cultivators with the main objective to commercialize cannabis as much as possible.
4. More Legalization
The legalization of cannabis in the United States has been described as a “common phenomenon” and is expected to continue. It has been predicted that Rhode Island, New Mexico, New York, Connecticut, and Virginia are the most probable States in the US to move forwards with cannabis legalization in the future.
Of all the states mentioned, New York City has come the closest to legalizing cannabis for adult use however this was put to a halt in 2019 when COVID-19 hit New York hard. Once New York completely legalizes, other states are sure to follow, most likely beginning with Connecticut and Virginia because their governments seem to have a very optimistic perception of cannabis.
5. More Sales
Increased cannabis sales are one of the biggest trends in the industry. In the US, cannabis sales are projected to exceed $24 billion with Canada making up $1.3 billion of that amount. These numbers are projected to continue to grow and by 2026, it is estimated to reach $47.6 billion. A lot of this can be attributed to the sale of CBD products which are very popular and because there are no traces of THC in CBD, more investors are willing to invest in CBD products.
6. Increase Knowledge of Medical Benefits
CBD has opened the minds of people who are now conscious of the health benefits of medical marijuana. Cannabis can be used to treat anything from pain to inflammation to cancer and epilepsy. This has resulted in more people consuming the substance and the medical marijuana industry growing significantly. Even vets are prescribing CBD to animals and new research is suggesting that CBD is safe to administer to children who have ADHD.
This article originally appeared at MoneyMiniBlog.
