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The Cannabis Industry continues to evolve and Vaping, as a delivery method for consuming cannabis concentrate known for its purity and potency gains popularity.

As the cannabis industry continues to evolve, vaping is making strides as a mainstream method for consuming rosin, a solventless cannabis concentrate known for its purity and potency. Despite a general decline in cannabis concentrate sales from 2021 to 2023, rosin has defied the trend, showing strong market growth.

According to Headset data, while overall concentrate sales dipped, rosin’s market share nearly doubled, indicating a shift in consumer preference towards cleaner, more natural cannabis products.

 


The Rosin market share soared from $24 million to $44 million, climbing from 6.5% to 16% within the cannabis concentrate segment. This growth propelled it past shatter in 2022, making it the second most dominant type of cannabis concentrate, just behind live resin.Industry Leaders Agree

Around the same time that data was released, industry experts at the 2023 Benzinga Cannabis Capital Conference in Chicago gathered to discuss the future of cannabis consumption, with a particular focus on manufactured products like vapes. Luna Stower, CIO of ISPIRE Technology and upcoming speaker at this year’s Benzinga Cannabis Capital Conference highlighted the increasing consumer shift from traditional flower to vape cartridges and disposables.

“Vaporizing offers numerous advantages over smoking, making cannabis more accessible,” Stower explained. She emphasized the importance of adhering to GMP and ISO standards to avoid regulatory issues, making vapes an appealing option for those new to cannabis.

Challenges And Opportunities in Vape Technology

Despite the growing popularity of vaping, challenges remain in finding vaporizers that can consistently deliver high-quality vaporization effects for live rosin. The complex nature of rosin, rich in terpenes, often leads to clogging issues in ceramic heating elements used in vapes. The industry has yet to overcome these technological hurdles to embrace rosin vapes as a widespread consumption method fully.Manufactured Cannabis Products Gain Traction

The conversation at last year’s conference also shed light on the broader trend of manufactured cannabis products gaining market share. Products like edibles and vapes offer higher margins, efficiency, and ease of use than traditional flower, making them increasingly attractive to consumers and businesses. Automation and technology play vital roles in this shift, enhancing the scalability and cost-effectiveness of manufacturing processes.

 

As the cannabis industry navigates these evolving consumption trends and technological advancements, vaping stands out as a promising area for growth. The move towards safer, more convenient, and more efficient consumption methods like vaping reflects the changing landscape of the cannabis market and consumer preferences.

The CBD Effect on Cannabis

While Cannabis is a very crucial part of the Marijuana movement, we must remember that CBD is a complex field with ongoing research, legal considerations, and exciting technological advancements.

Cannabidiol (CBD) is a non-intoxicating cannabinoid compound that has been studied for its potential therapeutic effects on various psychiatric disorders 1A systematic review of neuroimaging studies investigating the acute impact of CBD on human brain function found that CBD induces significant alterations in brain activity and connectivity patterns during resting state and performance of cognitive tasks in both healthy volunteers and patients with a psychiatric disorder 1The review also found that acute CBD enhanced fronto-striatal resting state connectivity in healthy volunteers, both compared to placebo and THC 1. Furthermore, CBD modulated brain activity and had opposite effects when compared to THC following task-specific patterns during various cognitive paradigms, such as emotional processing, verbal memory, response inhibition, and auditory/visual processing 1In individuals at clinical high risk for psychosis and patients with established psychosis, acute CBD showed intermediate brain activity compared to placebo and healthy controls during cognitive task performance 1CBD modulated resting limbic activity in subjects with anxiety and metabolite levels in patients with autism spectrum disorders 1. CBD is thought to have neuroprotective effects due to how it interacts with CB2 receptors in the brain. CBD acts on these receptors by creating an anti-inflammatory response in immune cells in the brain. This reduces the amount of damage caused by inflammation in the brain. Oxidation is one of the most common causes of brain tissue damage 2. Inspirational Technologies is likely to be adopting AI on social media to improve the efficiency of their content creation and marketing campaigns. AI-powered tools can help marketers generate new content ideas, optimize social media campaigns, and measure brand and trends across each social media channel 1AI prompts for social media can help marketers overcome creative blocks and generate new post ideas 2AI can also enable personalized recommendations, create more efficient customer service, and analyze data in real-time to help improve overall marketing campaign performance 3. AI tools have taken the world by storm over the last few months, and for good reason. Tasks that used to take hours are now finished in just a few minutes. The results AI tools can produce are blowing people away 2. However, it’s important to note that there are also plenty of examples where AI completely misses the mark. The difference between “omg that’s amazing 😱” and “omg… that’s not right 😐” is usually a well-crafted prompt 2. In conclusion, AI can be a powerful tool for social media marketing, but it’s important to use it wisely and with a human touch. AI can help marketers save time and improve efficiency, but it cannot replace human creativity and empathy 1. IF12278 (congress.gov)   Inspirational Technologies history 2018 farm bill hempsmart mcoa ceo cannabis reformation florida 2024 ballot on recreational marijuana #IntheWeedswithSteve

Be patient Florida, this too, shall pass!

Florida has specific laws regarding marijuana, and it’s essential to understand them. Here are the key points:
  1. Medical Use:
    • Medical use of marijuana is legal in Florida.
    • Qualifying patients (21 years and older) with specific medical conditions can purchase or use medical marijuana as recommended by licensed physicians.
    • Some qualifying conditions include ALS, cancer, epilepsy, glaucoma, HIV/AIDS, multiple sclerosis, PTSD, and chronic pain related to specific medical conditions.
    • Minors can designate adult caregivers to assist in obtaining medical marijuana.
  2. Recreational Use:
    • Recreational cannabis remains illegal in Florida.
    • Possession of any amount of weed is against the law.
    • Possession of more than 20 grams (25 lbs) of cannabis is considered a felony.
  3. Growing Marijuana:
    • Individuals and businesses are prohibited from growing marijuana.
    • However, state-licensed cultivators are allowed to grow it.
  4. Penalties:
    • Florida imposes fines and jail time for simple possession of marijuana.
    • Possession of any quantity of marijuana is illegal.
  5. Medical Marijuana Cards:
    • Patients must possess active medical marijuana cards to legally use medical marijuana.
    • Over 750,000 Floridians currently hold active medical marijuana cards.
    • More than 2,500 certified doctors assist in determining appropriate medical marijuana treatments.
  6. Dispensaries:
    • There are over 450 open marijuana dispensary locations in Florida as of October 2022.
  7. Legalization Efforts:
Remember that while medical use is permitted, recreational marijuana remains illegal in Florida, and the state prescribes stiff penalties for those caught in possession of the drug2345.

Steven M Smith InspirationalTech.org CEO since 2013.

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