VAPORIZERS & RAW ROLLING PAPERS
Since 2008, the quantity of U.S. vape shops has grown to about 8,500, as well as the sale of portable vaporizers and supplies climbed to $3.5 billion, in accordance with Wells Fargo Securities analyst Bonnie Herzog. She expects U.S. usage of marijuana and vaporizers to overtake combustible cigarettes in A decade.
Marijuana represents yet another lucrative market. IBISWorld, an industry research firm, projects sales of cannabis for medical use to increase to $13.4 billion in 2020 from $3.6 billion in 2015, largely as a result of demand from a maturing population with conditions such as arthritis, Alzheimer’s disease and glaucoma.
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At many vape shops, the modern clients are typically older nonsmokers struggling with certain illness, based on vape shop owners, customers and skilled professionals.
Patients and medical cannabis groups say they prefer the vaping device for marijuana as opposed to smoking simply because they believe you'll find lower risks. Some states, including New York 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 required for combustion.
Vaping devices, which is often as small as a ball point pen, provide medical cannabis users with more privacy, because the vapor released through the heating method is nearly odorless.
"Vaporized cannabis is a really significant trend in both medical and adult use," said Christie Lunsford, a Colorado-based consultant who is targeted on issues involving cannabis. "It's consistent, it's almost instantaneous, and it's appropriate for a wide variety of consumers."
"We think the cannabis market will mimic and mirror the tobacco market," he was quoted saying. "We think they will understand this (vapor) as being a safer alternative."
Patients have to have a doctor's approval to have the marijuana, which can be typically offered by state approved dispensaries, private growers, and - sometimes - their very own plants whenever they cannot afford the cannabis, which isn't paid by most insurance policies.
Simultaneously, vaping devices go mainstream since the industry pushes them instead of tobacco. Marijuana dispensaries in some states also sell the electronic products.
But vape shops, using larger choice of devices, have experienced an uptick in sales especially from consumers who don’t want to shop at tobacco stores or head shops, which cater more to recreational use.