Wednesday 25 July 2018

The Future of Cannabis: Industry Trends We See Crystallizing

Can you smell the winds of change? As statewide cannabis legalization continues to gain momentum, we have predictions from Wall Street about the industry growing into a gargantuan $75 billion one by 2030, $25 billion more than was originally forecast! Small wonder then that there are huge trend shifts in the industry. Cannabis centered firms are poised to take away droves of customers from the tobacco and alcohol industries, create new jobs, and rejuvenate broken and failing economies. If you think this veers towards the hyperbolic, you’re not paying enough attention. The dynamism of the cannabis industry cannot be overstated, and is forcing competitive industries to rethink their position relative to their customers.

In light of this, it’s worth taking a look at some of the burgeoning trends within the industry that should, given time, crystallize into standard pattern. Here are some of the trends you should be watching out for. Click here to know more about #leafandlion.

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