Behold: The small, cheap device that’s disrupting the $7 billion legal cannabis business.
This tiny combination of plastic, glass, and metal is a disposable cannabis oil cartridge. It costs anywhere from $30 to $70 (depending on the oil inside), is easily carried in your pocket, and produces little-to-no smell when consumed. You simply screw it into an inexpensive, rechargeable pen and inhale. That’s it.
It’s this tiny device that’s quickly taking over cannabis consumption in America’s largest cannabis market: California. Nearly a quarter of sales from 2016, tracked by marijuana delivery service Eaze, were for cartridges:
Similar growth rates are showing up outside of California as well.
States like Colorado, Washington, and Oregon — where cannabis is legal — are showing massive percentage growth for “concentrates” (cannabis oil), according to BDS Analytics.
Notably, this seems to be a growth trend connected to convenience.
As “flower” (traditional marijuana buds) is messy, complicated, and requires preparation to be smoked, it’s no surprise that easier forms of marijuana product are growing so quickly.
Though cannabis oil (“concentrates”) are making huge gains, the same can be said for pre-rolled and edibles. Edibles are simply eaten, and can be “dosed” out so you don’t overdo it; pre-rolled joints are as …read more
Source:: Businessinsider – Technology
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