Cannabis Market Opportunities in 2022

Cannabis Market Opportunities in 2022

Cannabis Market Opportunities in 2022

The cannabis market continues to flourish. The top cannabis markets according to a LeafLink report are Michigan, Oregon, Arizona, and Colorado.
Cannabis Opportunities- Edibles and more

Edibles are Competitive

From this report, edibles are considered the most competitive category among the seven that they analyzed (accessories, cartridges, flower, concentrates, pre-rolls, edibles/ingestibles, and topicals). “Out of all the categories and states, “Edibles” in Arizona and “Pre-Rolls” in Michigan are the most competitive categories, followed by “Flower” in Michigan and “Accessories” in Colorado.

 

 

Cartridges are an Opportunity

Arizona has seen an increase in sales in cartridges however, there are few brands that are selling there. For those with cartridges to sell, this location can be an opportunity in 2022.

Remember this…

“For companies, determining what categories to focus on is a balancing act between competitiveness and revenue. No categories should be disregarded, but brands should always keep in mind which categories bring in the least revenue.” Source- https://www.cannabisbusinesstimes.com/article/2022-cannabis-market-opportunities-sales-competition-leaflink/

GreenLab Packaging is a proud supporter of the Cannabis industry. Whether you need a handheld filling machine, a complete fill-cap-label system, or an automated vape cartridge filling solution, we are proud to help our industry partners with their liquid packaging needs. For more information, please call 866.258.1914 or email info@filamatic.com. For immediate service, please complete the side form and submit. A local representative will contact you to provide additional information and answer any questions that you may have.

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