With no doubt, cannabis is experiencing increasing acceptance within society. In the US, it is a major industry with the growth of products containing CBD and more sales of medical marijuana. With Canada fully legalizing cannabis and US states moving in the direction of recreational legislation, this article provides some of the important cannabis trends to anticipate in 2019.
Cannabis on the Menu
Edibles containing marijuana is a common thing. However, getting something at your usual restaurant that has cannabis is a new thing. There is an increased interest amongst consumers from all walks of life requesting drinks and foods containing cannabis, this is in line with a report on restaurant trends for 2019. Therefore, eateries are paying attention.
Many eateries depend on CBD (cannabidiol), a naturally occurring chemical in marijuana plants which does not get the consumer high. A product having CBD can provide health benefits, especially in stress and anxiety reduction.
Though you may not see the CBD-enhanced edibles on the menu at eateries right away, it should not shock you when you find them at some independent cafes and bakeries, particularly those dealing with natural foods.
More Cannabis Products on the Rise
More people are realizing the health and well-being benefits of CBD. For that reason, the industry relating to cannabis will continue to expand. Regularly, you can find CBD as skincare cream/drops, oil, capsules, gummies, beverages, and chocolates.
CBD proven health benefits include; relieve seizures, anxiety, and pain among others. Also, CBD can be useful in pet treatment as many pet owners are using CBD to treat anxiety and some behavioral problems in pets. However, detailed studies can help people find out if the many claims regarding CBD helping pet owners nurse joint pain, anxiety, osteoporosis, cancer, and epilepsy are really true.
Fortunately, CBD has small amounts of THC as compared to THC in marijuana. For that reason, CBD does not lead to a ‘high’ feeling. Though the laws relating to CBD are still obscure while it is widely available, various lawmakers are working on the new legislation relating to the drug due to its effectiveness and popularity. Therefore, expect to see more in this area.
Though the most known image of a cannabis user is a smoker, the truth is that many consumers are looking forward to other options of using marijuana without having to smoke. Yes, more alternatives are coming up for non-smokers marijuana users. However, with the vape Canada, smoking the herb via better glass pipes will give an amazing experience.
In Canada, edibles are anticipated to increase in popularity due to the legalization of marijuana and experts forecast the edible market to expand to 2-4 times the volume of the smokable marijuana marketplace in a few years.
Canada Progress Makes Nations Consider Their Policies
This year will be Canada’s first full year of legalizing cannabis. Therefore, other nations will pay close attention to Canada. Classification by the UN indicates that the United Kingdom, Canada’s G7 partner is the world’s leading legal cannabis producer. The UK started permitting medicinal products containing cannabis for a prescription. Also, other markets repetitively indicate that for greater cannabis acceptance, the product should be for medicinal use.
Vicente Fox, the former Mexican president said that cannabis ought to be incorporated in NAFTA like any other product. More nations looking into adopting a research-based method to medical use as well as updating legislation consequently is an advantage for companies or individuals dealing in medicinal marijuana. This will provide a foundation for new investment when as far as recreational use will follow.
Marijuana Becomes A Better Investment Option
Due to the expansion of legalization of cannabis, the potential investors will also expand. Many key brands are increasing their capabilities and entering new market places. This, for example, will see a large cannabis plant grower expand his or her extraction facilities for more concentrates. In addition, he expands his development options.
Furthermore, some companies will create new partnerships. The growing domestic, as well as international demand for a cannabis product, will see investors shifting their interest for cannabis-related stocks.
Be watchful of the above cannabis trends as the year progresses as the cannabis industry has a lot to offer for everyone. Innovation will be at its peak because several companies will be looking for changes in this industry. Therefore, a wide range of new products aiming at simplifying use and offering superior user experience will be available in the market.
Also, the quality and safety of the products will be of utmost importance, particularly in vaping and edible sectors. A major increase in online advertising costs is foreseen because of the new products, as well as brands, fight for a share of the market.
Jessica has been closely studying the cannabis industry trends from quite some time. Intrigued by the booming growth of this sector, she takes an interest in penning down her views providing quality insight on current marijuana trends, particularly medical cannabis.