The legalization of cannabis has been a hotly debated topic in recent years. With more and more states legalizing it for medical and recreational use, the marijuana industry is multiplying. The future of marijuana looks bright, with several trends and predictions emerging in the industry. This article will explore the trends and forecasts shaping the future of marijuana consumption.
Rise in Edible Consumption
One of the biggest trends in marijuana consumption is the rise in edible products. Edibles are marijuana-infused products, such as gummies, chocolates, and baked goods. It is a discreet and convenient way to consume marijuana and is becoming increasingly popular among users. According to an Arcview Market Research and BDS Analytics report, edibles accounted for 18% of the total marijuana market in 2020 and are projected to grow to 30% by 2025.
Shift to Health and Wellness
Another trend is the shift towards health and wellness. With more research being conducted on the medicinal properties of weed, users are increasingly turning to the plant for its therapeutic benefits. It is believed to have several health benefits, including pain relief, reducing inflammation, and alleviation of anxiety and depression. As a result, the industry is seeing a surge in products that cater to health and wellness, such as CBD-infused topicals, tinctures, and capsules.
The Emergence of New Consumption Methods
The marijuana industry is constantly evolving, and new consumption methods are emerging. One such method is the use of vaporizers. Vaporizers heat the marijuana to a temperature that releases its active compounds without burning the plant material. This method is healthier than smoking and is becoming increasingly popular among users. Another emerging method is transdermal patches, which deliver a slow and steady dose of marijuana through the skin.
Cannabis-infused beverages are another rising trend. These drinks are a convenient and discreet way to consume marijuana, and they are gaining popularity among users looking for an alternative to smoking or edibles. The market for cannabis beverages is expected to grow significantly in the coming years, with several major beverage companies exploring the space.
Rise of Microdosing
Microdosing is the practice of taking small, measured doses of marijuana throughout the day. This method allows users to experience the therapeutic benefits without the psychoactive effects that come with higher doses. Microdosing is becoming increasingly popular among medical marijuana users and those who want to incorporate marijuana into their daily routines.
As more states legalize marijuana, it is becoming increasingly accessible to consumers. In some states, it can be purchased in dispensaries; in others, it can be delivered to your doorstep. This increased accessibility is making it more mainstream and contributing to the industry’s growth.
Continued Innovation and Research
Finally, the future is bright because of continued innovation and research. As more research is conducted on the plant and its effects, new products, and consumption methods will emerge. The industry is also attracting investment from major food, beverage, and pharmaceutical players, which will drive innovation and growth in the coming years.
To wrap up
It’s evident that the cannabis industry is undergoing a transformative phase, and numerous trends and forecasts are significantly impacting the future of cannabis products. From the increasing demand for edibles, a focus on health and wellness, the emergence of innovative consumption methods, the surge in cannabis-infused beverages, the prevalence of microdosing, greater accessibility, and a strong emphasis on research and development, all these factors are driving the industry’s growth. As the industry continues to progress, it presents a fascinating prospect to witness what new and innovative products and consumption methods will emerge and how they will revolutionize the future of weed consumption.