Ever since cannabis use became legal in some US states, the market has practically exploded overnight. Colorado is the first state that fully allowed recreational use of cannabis, which led to a massive increase in sales and revenues.
As the market keeps growing, so does the need for new products. The COVID-19 pandemic has put things into overdrive, and cannabis products became far more popular than anyone expected. The increased need has put growers under pressure as they struggle to meet the orders. Many shops ran out of supplies, so some users switched to alternative options such as edibles.
The edibles market already started growing in 2019, but 2020 was the best year so far. Cannabis companies found themselves in a new situation where they can’t produce enough products to satisfy customer needs. That’s why they decided to develop new cannabis products and improve existing ones, focusing on non-inhalable forms of consumption.
Read the full article at: cannatechtoday.com