What is happening in the marijuana industry in 2021?

0
For the longest time, the only way people could consume marijuana legally was if they had a card which allowed them to purchase medical marijuana. During this time, the use of recreational marijuana was completely banned. In recent years, the laws have eased up a bit in countries around the world. in this short time that recreational marijuana has been legal, the industry has become massive being worth roughly $340 billion globally. With an industry that is so new, and a product that hasn’t been on the market for very long, there are a lot of changes that are bound to happen within the market and industry, with new trends emerging daily and new accessories being created in order to give users the best experience possible.
It is important to know these changes if you are involved, or if you want to be involved in the industry. So here is what is happening in the marijuana industry in 2021.
More products and sales
After being illegal for such a long time, and then entering the world so quickly, it comes as no surprise that one of the biggest changes in the marijuana industry right now is the number of products that are readily available to the general public, as well as the number of new products being tested and released all the time. Some of these products include dry herb vaporizers, custom-made bongs and dab rigs, CBD and more. As the years go on, and more and more people become interested in marijuana and what it has to offer them, meaning they will have a desire to try out or test new products that come on into the market, or even invent something themselves.
With the increase in modern technological advancements, the industry will see a growth in new product as well. Currently on the market, people interested in marijuana have access to it in multiple forms of consumption. Inhalation being that of joints, vapes, bongs, and dab rigs. Oral consumption allowing users to eat their marijuana through delicious foods, oils and more. Topical consumption though the use of gels, and creams, and even more controlled methods of consumption that allow the marijuana to enter your blood stream by being placed under the tongue, like tinctures.
With so many different products available, there is plenty for users to choose from and make customizable experience for everyone.
Better indoor growing
Currently, one of the most popular ways to grow your marijuana right now, is through indoor cultivation. Much like the name suggests, indoor cultivation is when you grow your marijuana plant inside rather than outside in the ground. Although it is not as simple as this, and ends up being quite complicated and costly.
Growing marijuana indoors, the plant can be finicky and temperamental, and requires certain conditions to produce the best crop. When growing indoors your plant will need a dark room with LED indoor lights specifically designed for indoor growing. In the past this has all come with quite an extreme price tag but with recent technological advances, indoor growers now have access to better LED full spectrum lighting that is far cheaper than it has ever been before, and these light also allow the plant to grow at a much faster rate.
More states will legalize
As of now, not all the states in the USA have legalized the used of recreational marijuana, mainly because of health and mental concerns. However, there is hope that very soon every state will eventually have legalised the use of marijuana and marijuana related products for recreational use as well as legalise the sale of it to the general public and not just to those who have a card that allows them to purchase marijuana for medical purposes. Going forward, there is so much research that provide multiple health benefit of using marijuana and has practically decriminalised it as a product that is dangerous to users. While there is still potential danger to those who use it under age, if you are of legal age, the benefits far outweigh the cons, and soon the whole world will come to realise this and make it leave for recreational use worldwide. There is likely to be a domino effect, and once a few countries get the ball rolling, others will soon follow