VAPORIZERS & RAW ROLLING PAPERS
Since 2008, the amount of U.S. vape shops is growing to about 8,500, as well as the sale of portable vaporizers and supplies climbed to $3.5 billion, based on Wells Fargo Securities analyst Bonnie Herzog. She expects U.S. usage of marijuana and vaporizers to overtake combustible cigarettes in Decade.
Marijuana represents an additional lucrative market. IBISWorld, an industry research firm, projects sales of cannabis for medical use to improve to $13.4 billion in 2020 from $3.6 billion in 2015, largely because of demand from an aging population with conditions including arthritis, Alzheimer’s disease and glaucoma.
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At many vape shops, the new clients are typically older nonsmokers struggling with certain illness, according to vape shop owners, customers and industry experts.
Patients and medical cannabis groups say they prefer the vaping device for marijuana as an alternative to smoking because they believe you'll find lower risks. Some states, including The big apple and Minnesota, prohibit patients from smoking the cannabis. In a vape device, the cannabis leaves or concentrate are heated to some temperature that's under needed for combustion.
Vaping devices, which is often no more than a ball point pen, offer medical cannabis users with additional privacy, because the vapor released through the heating method is nearly odorless.
"Vaporized cannabis is a significant trend in both medical and adult use," said Christie Lunsford, a Colorado-based consultant who concentrates on issues involving cannabis. "It's consistent, it's almost instantaneous, and it's suitable for numerous consumers."
"We think the cannabis market will mimic and mirror the tobacco market," he stated. "We think they will check this out (vapor) as being a safer alternative."
Patients have to have a doctor's approval to get the marijuana, which is typically provided by state approved dispensaries, private growers, and - sometimes - their unique plants whenever they cannot afford the cannabis, is not protected by most insurance policies.
As well, vaping devices go mainstream since the industry pushes them rather than tobacco. Marijuana dispensaries in most states also sell the electronics.
But vape shops, with their larger selection of devices, have seen an uptick in sales especially from consumers who don’t wish to frequent tobacco stores or head shops, which cater more to recreational use.