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12 Cannabis Industry Predictions for 2021

12 Cannabis Industry Predictions for 2021

Cannabis industry predictions for 2021

2020 was a crazy year in more ways than one.

Beside the obvious factor that impacted everybody’s lives for the last 10 months, cannabis has also seen some huge changes. From industry trends to overall growth, 2020 was the most progressive and profitable year for the industry so far.

There were still some lows however, like the MORE Act being passed in the House but stalled indefinitely in the Senate. California has had its fair share of issues with their legal market as well due to bad regulation and local government mishandling.

But we aren’t here to look back on the bad, but to look forward to the future of the industry and everything that may bring. Here are 12 predictions for the cannabis industry in 2021.

1. Cannabis consumption increases

This is probably the most obvious to predict. As more states legalize medical and recreational cannabis or decriminalize the plant, consumption will rise as people gain more safe and legal access to quality cannabis. This includes all forms of cannabis; concentrates, edibles, topicals and others.

2. We still won’t see federal legalization

Considering that the senate currently won’t even vote on a bill that would decriminalize cannabis on the federal level, it is very unlikely that we will see full scale legalization on the federal level in 2021. There’s a chance that we see more legislation passed through the House that will give cannabis businesses better access to banking.

However this will likely also be stalled in the Senate. In short, as long as Mitch McConnell is the Majority Leader of the Senate, don’t expect any sort of federal progress when it comes to cannabis.

3. Rise in popularity of minor cannabinoids in hemp

Cannabidiol, more commonly known as CBD, has seen a massive increase in popularity and use in 2020. Through marketing and education efforts, people have learned of the benefits of CBD and how it is entirely different from THC. This has led to more curiosity about the wide variety of other cannabinoids in hemp and cannabis. CBN and CBG have already begun breaking into the forefront of cannabinoid research with more on the way in 2021.

We’ll see new mixed cannabinoid products that advertise different experiences for the consumer start to become much more popular.

4. Extraction and dosing technology increases

Cannabis extracts and concentrates continue to grow in popularity, with rosin taking over the scene in 2020 as the cleanest and tastiest dabs. 2021 will be no different as the technology for creating extracts advances even more. Solventless extracts will likely remain the most popular for health-conscious and connoisseur consumers, while vape cartridges and pens will stay popular for the average consumer.

It will also become easier to understand the dosing of concentrates, especially with cartridges and dabs. There is currently no widely known dosage for either, just general suggestions from the local budtender or industry blogger.

5. Increased presence of national cannabis industry brands

We’ve seen the rise in popular brands like Cookies and Runtz from California’s recreational market to Maryland’s medical market, and that trend is bound to continue. With the success of these brands, others will try to replicate their marketing style to also become popular nationally.

Cookies and Runtz are likely just more “flavors of the month”, and new products will likely take their place in 2021.

6. US stock market for cannabis

Investors in the US have seen that cannabis is essential and pandemic proof. With the huge boost to industry revenue in 2020, investors will be looking for more ways to invest in the United States cannabis industry. While Canada’s cannabis industry saw much less success than the US in 2020, their model for investing in cannabis stocks could be used a template to implement a similar system in the US.

With so many ancillary (non-plant touching) businesses in the industry and expansion growing every year, there may soon be an investment market for companies that work with the cannabis industry but don’t actually process or touch the plant.

7. Ancillary cannabis business transactions increase

Speaking of ancillary cannabis businesses, transactions for these companies are going to increase in 2021. Equipment supply stores, consulting and marketing firms focused in the cannabis space all will see more sales as more people get into the industry across the country driving a need for more of these businesses.

8. Oklahoma and Mississippi continue to expand

Oklahoma was one of the highest grossing states in terms of cannabis revenue despite being medical only in one of the most red states in the nation. Following their model, Mississippi will likely follow the same path as long as demand is the same.

Oklahoma will continue to hone its market and weed out cheap producers with low quality product that took advantage of an infant market with consumers lacking necessary education to choose better products. We will see a few producers rise to the top in 2021 and become available across the state.

9. Michigan explodes with huge operations

Michigan had a slow start after they legalized recreational cannabis in 2018, however sales have been rising consistently since dispensaries began opening and selling cannabis in late 2019 and through 2020. With Detroit announcing that it will be handing out licenses beginning Summer 2021, we are going to see a massive increase in grow operations and dispensaries in the area.

As the most densely populated area in the state, Detroit is going to launch Michigan into the next phase of its legal industry by the end of 2021.

10. Supply chain for hydroponic and grow industry becomes more limited

Due to shipping complications that arose in 2020 from China, 2021 is likely to be a rough year for the grow industry supply chain. While more people will be growing cannabis than ever before, the supply of the products they need to do it are going to be more limited than ever before as well.

Inevitably the low supply and high demand will lead to increased prices and decreased availability of many fertilizers, lights and media.

11. The exotics hype trend continues

The community of connoisseur cannabis consumers has driven a niche market of exotic and exclusive cannabis strains driven by media marketing campaigns and hype. This trend will continue in 2021 with brands we’ve already mentioned like Cookies and Runtz leading the way.

In states where cannabis is recreational or medical but Cookies and Runtz don’t operate, new breeders will rise with exclusive strains that you can only get from them at a specific dispensary on a specific drop date, increasing hype and demand. These strains will remain the most expensive option on the shelf in terms of flower.

12. More states will legalize cannabis

Following the trend of the last few years, more states are going to legalize cannabis recreationally or medically in 2021. New York is a state a lot are looking toward to make a move in the new year since their neighbor New Jersey approved a legalization ballot in November. With no competing industry, New York is bound to lose a lot of tax dollars to New Jersey’s legal cannabis over the border.

Other states like Pennsylvania and Virginia have had their governors voice support for a recreational cannabis industry more than once in 2020. While these states may have a legalization vote in 2021 it’s unlikely that either will pass in the near future. Other states to follow in 2021 are Connecticut and New Mexico.

Mexico puts legalization of marijuana on hold

Mexico puts legalization of marijuana on hold

Mexico cannabis legalization gets delayed until 2021

Mexican president says delay is matter of “form, not substance” and expects approval in early 2021

The Chamber of Deputies last week put the brakes on the legalization of marijuana in Mexico. However, that country’s president on Tuesday said he expects approval in early 2021 of legislation decriminalizing possession and consumption of small amounts of marijuana.

“They asked the (Mexican) Supreme Court for an extension because the two chambers could not come to an agreement and they were running out of time to make revisions. But it’s an issue of form, not substance. I believe this will be resolved” in the next session, President Andres Manuel Lopez Obrador said in his daily news conference.

The Mexican Senate last month approved a landmark bill decriminalizing the possession of up to 28 grams (1 ounce) of the drug, allowing individuals to grow up to six plants and licensing production and sales. It also created a commission within the Health Department to regulate the cannabis law.

The Chamber of Deputies was under a Dec. 15 Mexican Supreme Court deadline to approve the law, but deputies asked for and got an extension through the end of April. The deputies are expected to pick up the discussion in early February.

​“There is no opposition to what the Senate authorized regarding the medicinal and limited use of marijuana. It’s just a matter of errors, lack of precision about the amounts and other contradictions in the law itself, and that’s what will be resolved,” Lopez Obrador said.

If that happens, Mexico would be the second country in Latin America – after Uruguay – to decriminalize recreational use of small amounts of marijuana.

The premise might seem odd in a nation plagued by drug cartel violence and with rising rates of addiction in northern border cities. But experts say it reflects a change of attitude in Mexican collective thought and won’t necessarily fuel more violence or addictions.

Are You Ready for Your First Dab?

Are You Ready for Your First Dab?

What to consider before taking your first dab.

Shatter, wax, crumble, high terpene full spectrum, extractions and concentrates.

These are all different names and varieties of the same common-place term we’ve all heard way too many times thanks to social media; dabs.

So, let’s dive into the hottest product in the cannabis industry since cannabis and what to expect from your first dab.

What is a dab?

Simply put, a dab is a concentrated form of THC that is extracted from cannabis flower using some type of solvent, such as butane or CO2, as well as newer methods that don’t involve solvents like rosin and ice-water hash. There are even distillate options that isolate just THC while removing other cannabinoids and terpenes to create a more potent product. 

Concentrates are also consumed in a different, much more eccentric manner than simply lighting up a bong. A blow torch is used to heat up a metal, glass or ceramic element that takes the place of a normal bowl-piece that would be on a bong, called the nail. The bong that is used for dabs is commonly called an oil rig or just a rig. The concentrate is then dropped or “dabbed” into the nail using a “dabber” or narrow pointed tool with the concentrate on the tip. 

The high heat of the nail from the blow torch instantly evaporates or at lower temperature melts down the concentrates, which is then inhaled like a normal hit from a bong. The difference between a dab and a bong hit however, is blatant.

What’s the Difference?

Compared to dry flower, concentrates are much more potent, with certain concentrates surpassing 80% or even 90% THC, whereas the most potent flower rarely passes 30%. Suffice to say taking one dab compared to one puff from a pipe will yield much different, and typically much more intense results.

Imagine if there was a tiny little speck of cannabis about the size of a bread crumb, and consuming that one crumb did more than an entire bowl-pack. That is what a dab is in comparison to dry flower.

Whereas a few puffs from a pipe may lead to a nice effect that last a couple hours, a dab will provide stronger effects that may not last as long.

Additionally, the taste of concentrates in comparison to dry flower is much cleaner and smoother, though I promise it won’t seem that smooth after you exhale. Unless you’re a pro already in which case this whole article is irrelevant.

What’s it Like?

Now it’s story time. My first dab experience was intense, scary, relaxing, and exhilarating all at the same time. It wasn’t necessarily what happened to me, but what happened to the friend I was with, we’ll call him Todd. The two of us were very different in our enjoyment of cannabis, mine being much more prevalent than his, his being very little outside of special occasions.

While hanging out at Todd’s place, another friend from down the block came by with some wax, we’ll call him Jack. This was back in the early days when concentrates first started hitting the market, so I had very little info about them and Todd was clueless. I had smoked with Todd maybe one other time prior to this, and it was pretty tough to convince him then.

I managed to convince Jack to take a dab with me so I wouldn’t be alone taking one for my first time. I was first to take my dab and was instantly struck with awe and confusion upon seeing how it worked. Jack turns on a small blow torch and begins to heat up the nail while I stare like a caveman that just discovered fire.

Jack hands me the dabber with the wax on the tip, at which point I said, “That’s it?”, thinking there was no way a tiny little speck could actually be that effective.

“Trust me,” Jack replied. “This will be plenty.”

I take the dabber as Jack hands me the rig with the red hot nail on top. After waiting about 30 seconds, I rub the dabber inside the nail as smoke billows from within. I inhale and pull the hit in through a central hole in the middle of the nail. The taste was like an exemplified cannabis flavor without the harshness of plant matter tasted in dry cannabis, followed by an instantaneous attempt by my body to expel my lungs.

Imagine taking the biggest bong rip of your life, only to cough your brains out for minutes afterward. Compared to the coughing I endured from my first dab, that bong rip is nothing. I coughed my brains out for five minutes, easy. Todd followed up with what looked like a slightly bigger dab than mine, which was the first sign that things were about to take a dark turn.

Todd smoked once a month tops, and had even less of a clue about dabs than me. With the knowledge that he is just supposed to pull as hard as he would from a bong, Todd ripped the dab faster and harder than anybody I’d ever seen. By the will of some greater power he managed to hold it in for a few seconds before exhaling a massive cloud.

Now, I thought my coughing fit was bad, but Todd made me look like a champion once he started. Imagine watching a sitcom on TV, but instead of a laugh track it’s a cough track. That’s what it was like after Todd took his dab. Non-stop coughing ensued as his face turned bright red. What followed is the reason you should always do your research before trying something new.

Todd went into the bathroom after he’d been coughing for probably 10 minutes, and comes out a few minutes later and says in-between coughs, “Am I not supposed to be able to breathe?”, to which everybody replies a resounding “No”. Panic ensues (mainly from Todd), while everybody else giggles quietly knowing he couldn’t actually die from a dab. We manage to calm him down enough as his coughing starts to fade, which gives way to a sedated horse effect.

Now at this point I was feeling terrific. The effects of a dab compared to dry flower are much more noticeable immediately after, which fades into a lighter feeling high that isn’t as cumbersome as dry flower. It’s like getting all the great effects of a bong rip without the cloudiness that sometimes comes along with it.

Todd on the other hand, was on a whole different level. He had forgotten how to use his limbs, and at this point was under a blanket on the couch cuddled up to another guy, who was giving him water through a straw because he couldn’t move his arms to take the cup. This brings us to the conclusion of this wild first dab, and the reality is that it isn’t nearly as crazy or extreme as it’s been made out to be.

It’s all about the individual. Todd and I’s tolerances were much different and so we both handled the dab in very different ways, and I was much better suited to tolerate the extreme difference in affect due to my experience.

Your First Dab

Now you know what a dab is, what makes it different from normal cannabis, and an anecdotal story that shares both sides of the experience. When it comes to your first dab I cannot stress enough, always start small. Dabs are already very small, so if it looks too small to you, it’s probably just the right size to start with. 

Be aware that you are consuming a much more potent form of cannabis and THC, and you will notice the difference instantly. Due to the potency, you can also quickly build a tolerance, and going from dabbing all the time back to normal smoking might be less rewarding than before you started taking dabs as it won’t provide the same strong effects.

Lastly, just have fun!

Dabs are always getting better with new methods of extraction coming about all the time, and your local dispensary will always have a bunch of options to pick from. Pick the brain of your budtender and figure out what strain would be best for your first dab. Just don’t do the stupid dab gesture afterward, you’ll look like an idiot.

Jay-Z Cannabis Brand Monogram Launches

Jay-Z Cannabis Brand Monogram Launches

Jay-z cannabis brand monogram launches luxury cannabis products

Jay-Z just became the latest celebrity to launch a pot business.

Shawn “Jay-Z” Carter — the billionaire rapper and global business mogul behind a multitude of successful companies including D’Usse cognac, streaming service Tidal and entertainment firm Roc Nation — can now add premium cannabis brand Monogram to his portfolio.

Monogram’s core collection rolled out Thursday. Retailing between $40 and $70, the products include several cannabis strains designated as light, medium and heavy — available in pre-rolled cigars and joints and tins of cannabis flower.

In a statement obtained by CNBC, Jay-Z said his vision for the brand is “cannabis redefined.”

“Cannabis has been around for thousands of years, yet it is still an industry whose legacy of skilled craftsmanship is often overlooked,” he said. “I created Monogram to give cannabis the respect it deserves by showcasing the tremendous hard work, time and care that go into crafting a superior smoke. Monogram products are next level when it comes to quality and consistency and we’re just getting started.”

Jay-Z — who once famously referred to himself as a “business, man” not a “businessman” — joins a growing list of artists getting into the pot industry.

Freezing Your Cannabis: Storing cannabis correctly

Freezing Your Cannabis: Storing cannabis correctly

How to store marijuana properly
Unless you’re making fresh-frozen concentrates, putting your cannabis in the freezer might not be the best idea.
The cannabis plant is full of wonder and a plethora of yet-to-be discovered health benefits in addition to those already helping those ailing from a multiplicity of ailments. However, when it comes to recreational cannabis, people tend to forget that it is a plant just like any other, and after it is harvested it can only stay good for so long.

When it comes to storing your cannabis, there are different options you can try out to see what maintains the flavor and scent profile the best. But not all storage methods will provide the right humidity, temperature and lighting to maintain those tastes and smells for an extended period of time.

Cannabis Storing Basics

Storing cannabis is extremely simple and easy once you know the basics. The most important thing to remember is that cannabis likes the dark and cooler temperatures after it is cured. Mildew and other molds start to thrive on cannabis if the plant matter exceeds 77º and excessive dry heat will dry out the essential oils in the plant making it dry, crumbly, and harsher to consume.

While too low of a temperature can also be dangerous for cannabis potency, a nice cool temperature between 50º and 60º in a dark place and relative humidity between 59% and 63% that blocks UV rays will be the most effective in maintaining the original potency and flavor of cannabis. So, what is the most effective way to store cannabis?

Freezing Your Cannabis

Let’s start with freezing cannabis. In short, this is not the way to go. While one may think that freezing cannabis could have its perks like slowing down the aging process or helping the buds stay firm, it is actually the opposite. 

Most cannabis is “aged” for multiple days after the harvest to dry out and cure the buds, so by the time it hits the shelves it is already cured and ready to use. However, as cannabis sits, it continues to decarboxylate, which is the process that transfers THC-A into the psychoactive THC we all know and love. Lower temperatures like that of a freezer will slow down if not halt completely the decarboxylation process, leading to less potent cannabis over time.

Another downside to freezing cannabis is the fragility of the THC crystals that sit on the outside of the buds, also known as trichomes, one of the main contributors to the potency of cannabis. As temperatures drop, trichomes will freeze and fall off, decreasing potency. However, freezing cannabis can be useful for making concentrates such as ice-bubble hash or other concentrates made from frozen cannabis product.

Other Storage Methods

While it may seem obvious that storing cannabis in a plastic bag or a cardboard box is not an effective method of storage, many do so due to lack of knowledge of the effects over time. Have you ever noticed when you go to take your cannabis out of the plastic baggy it came in there’s little pieces of it sticking to the sides? That’s because plastic can hold a static charge that attracts trichomes, taking away potency every time you take it out and put it back.

The refrigerator may seem like a viable option since it is much warmer than a freezer but still cooler than 77º, but fluctuations in humidity and temperature from opening the fridge constantly can still increase chances of mold and mildew. 

The most effective way to store cannabis and maintain its flavor and aroma profiles over time is to store it in an airtight container, like a glass jar. While oxygen is essential for the curing process, you want just the right amount in your storage container to keep humidity consistent without drying out the bud too quickly.

If you want to go the extra mile, pick up a hygrometer to monitor humidity levels in your storage container and make sure the jar you are using is vacuum sealed to reduce exposure to oxygen. Also remember to keep your cannabis in a separate container from grinders, pipes or other paraphernalia as the smell of burnt cannabis and other resins can stick to the container making it stink over time.

Overall, as long as you have a glass jar kept it in a dark place that is relatively cool, you don’t have to worry about your cannabis going bad anytime soon!

How Long Edibles Take to Kick In

How Long Edibles Take to Kick In

How do edibles take to start working?

Recreational and medical marijuana has come a long way since Colorado first legalized adult use in 2012.

The saying, “not your father’s weed,” has become truer than ever, as new testing and growing methods has led to great advances in potency and knowledge of marijuana’s many effects. One such delivery method comes in the form of edibles, or marijuana-infused products.

We have long-surpassed the day of brick-weed brownies and random dosages that could do nothing to one person and completely level another, and a new world of options has started to grow in its place. Brownies may still be one of the most popular edible options, but with the addition of candies, drinks, tinctures, and more there is a plethora of new choices that patients and adults can test out themselves. 

The difference between eating and smoking cannabis

One of the major issues people face when it comes to edibles is knowing the difference between edible effects and normal smoking or vaporizing effects. The other question many have before they try edibles their first time is, “how long do edibles take to kick in?”, and rightfully so. While many edibles nowadays may come with a measurement on the label of how many milligrams of THC the product has, this can lead to confusion for those who don’t know the recommended amount to take.

The recommended average dose for an edible in places such as Colorado and Washington is 10mg of THC per dose. For example, if a brownie has 100mg of THC in the whole thing, only one small piece of that brownie is equal to a normal dose. This can lead to serious problems when someone who does not know the recommended dose eats half the brownie or even the whole thing, because let’s be real, who just eats half a brownie?

When it comes to feeling the actual effects of an edible after ingestion, results vary for everyone. While one may indulge in marijuana recreationally or medicinally on a daily or chronic basis through smoking or vaporizing, edibles act within the body – from ingestion to digestion – in a very different way.

Compared to smoking or vaporizing in which THC is absorbed through the lungs, ingesting an edible takes and entirely different route through the body. Since it is technically food, the body treats it like anything else you might eat; it passes through the digestive system, which can take a while. While the effects of smoking or vaporizing are near instantaneous, edibles take much longer to take effect due to the digestive process which can vary from person to person.

How long edibles take to kick in

In the case of regular marijuana-infused food products such as brownies, cookies, candies, etc., the average onset time can range from thirty minutes to well over an hour, in some cases even taking as long as two hours to kick in. Inexperienced users many times make the mistake of assuming the edible did not work because it has been longer than what they were told at the dispensary and eat more, only to be hit a short time later with increased effects that last much longer.

When purchasing an edible, always look for labeling and dosage. Some edibles come in one single 10mg dose, while others come in a package with many pieces, each equal to 10mg but accumulate to a higher dose when taken in greater quantities (i.e. gummies that come in a package of five or ten). Always ask your budtender what they recommend for first time edible users, and make an informed decision.

The main thing to keep in mind after ingesting an edible is patience. If on an empty stomach, one can expect an edible to hit much faster, no matter the dosage. However much faster in the case of edibles still ranges between thirty to forty-five minutes for how long it takes for edibles to kick in. Many dispensaries and professionals recommend eating a small amount of normal food prior to ingesting an edible so the effects do not come on too strong and too quickly. 

Eating food after ingesting the edible, if on an empty stomach, can increase the speed at which the effects come on, as putting more food on top of the edible can push it down more quickly through the digestive system. So, if you’re looking to feel the effects as quickly as possible, eat or consume the edible on an empty stomach and eat something small afterward to help speed up the digestive process.

It is important to keep in mind that how long edibles take to kick in can also vary depending how they are made. The main methods for infusing food with marijuana consist of cannabis butter, cannabis concentrates and oils. While the former of the three usually involves using marijuana flower itself, the latter two are an already concentrated form of marijuana that can be much stronger. Cannabis butter can also be made more efficiently with concentrates to increase potency.

Shop for edibles with confidence

Asking your budtender if they know how a certain edible was made, what the dosage is, and the average onset time that other consumers have reported can greatly increase confidence when it comes to figuring out how long edibles take to kick in, and how long the effects might last.

Overall, the biggest decider when it comes to choosing an edible and figuring out how long edibles take to kick in is you. While researching certain products and asking your local budtenders about what others have experienced can be extremely beneficial, edibles effect everybody differently, and most anecdotes should be taken with a grain of salt.

As a newbie, here are some of the main notes about edibles to know before trying your first edible:

  1. You can’t overdose on edibles, but taking too much can lead to a very bad time
  2. Edibles affect everybody differently, so don’t get upset if someone who took a similar edible feels it before you.
  3. How long edibles take to kick in depends on a variety of factors from metabolism to dosage to how it is made.
  4. Nobody has ever died from a marijuana overdose, you will come back down from the effects, and you will return to normal.
  5. Be patient and have a good time!