5 Cannabis Industry Trends to Look Out For in 2022 : If you’re studying a business that is worth your investment and getting to know for your own health and wellness, look no further than cannabis. It’s already a vast field and is among the most versatile and fastest evolving at the moment.
Keep reading to learn more about the cannabis industry and how it’s constantly changing and evolving.
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Expect the Cannabis Industry to Keep Growing
The cannabis market most recently was valued at about $11 billion and is expected to soon grow to $100 billion. People are finding out about the wonders of this plant faster and faster, and a lot of the myths about the plant have long been debunked.
There are several products that transcend demographics since everyone can take advantage of the relaxation effects and mood-building benefits. The more the plant is researched and tested, the more it can help meet the consumer’s demand.
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Cannabidiol (CBD) Will Continue Expanding and Differentiating
When taking a look at the cannabis industry, cannabidiol (CBD) deserves some serious examination. The CBD market just grew by 700% and will soon have a value of $24 billion.
Plenty of people are learning more about CBD, and appreciate it because they can use it legally and don’t have to get high if they don’t want to, since it’s non-psychoactive. There are all sorts of CBD products, from vapes and flowers to CBD coffee, lotion, and capsules.
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Delta-8 is a New Contender in the Field
A lot of growth in the cannabis industry is coming from the hemp variety. Today, plenty of people are starting to learn about Delta-8 Tetrahydrocannabinol (THC) and its many benefits.
This is a form of THC that comes from hemp, rather than Delta-9 heavy cannabis plants, which are federally illegal. Plenty of people like Delta-8 because it gives them effects similar to what they’d get from cannabis, minus the potential legal issues.
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Other Cannabinoids are Becoming More Researched and Noteworthy
When you get to know the different types of cannabinoids that are in this plant, it’s easy to see why it’s so fascinating. In addition to THC and CBD, there are more than 100 other cannabinoids.
All of these cannabis chemicals work best when they’re working together. Expect people to learn about the many less famous cannabinoids in the next few years.
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Edibles are Increasingly Popular
Finally, you should get to know just how popular edibles are becoming. We’re long gone from the days in which smoking is the only way to consume it or even the preferred way. Many people today use cannabis regularly without ever lighting up, thanks in large part to edibles.
Take time out to learn more about the cannabis business and the way it’s changing over the years.
Study the Business of Cannabis
The points above allow you to get an inside track of what’s going on in the cannabis industry. It’s a fascinating industry to study, so take the time to keep doing your research.
Check some of our other articles to learn more about cannabis, CBD, and the many other cannabinoids that come into play.
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https://www.youtube.com/watch?v=J3c_BbUgUJ4
Cannabis Industry Update – June