2019 is probably one of the most important years for the marijuana business market in Canada. This is the time when the cannabis market will mature a lot. Considering the relatively free-market landscape, the whole world is now watching how Canada’s cannabis businesses are about to perform, eager to witness the key role that the legalization of recreational marijuana can play when it comes to boosting the national economy.
So, how about the most exciting cannabis business trends to watch out for?
How will Canadian businesses manage to drive the consumers to the legal marijuana retail stores, especially when taking into account the black cannabis market dealers and their hard to resist offers?
A mere year from the writing of this article, the Canadian cannabis industry will have certainly and greatly evolved, bringing along big changes, and a constant flow of new trends in the niche that will keep emerging.
However, at the very core of the pot industry, the cannabis seed is much like a silent superhero, patiently waiting to be re-discovered by both cannabis enthusiasts and entrepreneurs alike. Join us below to check out the most intriguing and promising business trends in the marijuana sector for 2019 based on facts and stats provided by Forbes Magazine experts, and see for yourself how you can take the best advantage from selling cannabis seeds in your online or offline store by teaming up with reliable wholesale marijuana seeds partners.
1. Cannabis-laced beverages and edibles
While it is truly challenging for retailers to figure out the cannabis consumers’ taste, at least as of now, due to the ongoing supply shortages, there is no doubt that the cannabis-infused beverages and other edible treats sector in Canada is expected to bring in HUGE profits.
However, when the Cannabis Act passed on October 17, marijuana edibles, as well as pot-infused beverages were somehow suspiciously absent from the retail stores’ shelves. Despite the hyper-regulated Canadian cannabis market, the government explained the absence of a wide variety of the highly anticipated cannabis-laced treats with the more time needed for the creation and successful application of the regulations around these products.
Finally, Trudeau’s government granted itself another year after the first day of legalization for the purpose of creating the regulations for edibles in the best way possible. And so, the latest date cannabis enthusiasts in Canada would have to wait for edibles available to purchase is October 17, 2019.
Meanwhile, some experts believe that the edibles market is bound to become the fastest-growing, as well as the most profitable segment in cannabis, with a projected worth of $4 billion by 2022, based on projections reported by ArcView Market Research and BDS Analytics.
Developing in close parallel with the edibles market, the cannabis-infused beverages market growth potential is just as tremendous as that of marijuana-laced gummies, brownies, cookies, lollipops, and even beef jerky. According to a report from BNN Bloomberg Television, the Canadian marijuana producer Aurora Cannabis is possibly about to develop drinks infused with CBD (Cannabidiol), partnering with none other but Coca Cola Inc.
The Canadian cannabis blast is one that is of the mammoth scale. Huge, multimillion-dollar worth companies engaged in the foods and beverages sectors are now eyeing Canada’s cannabis market, but in the meantime, a whole cannabis movement remains somewhat away from the public radar: people are progressively getting fonder of making their very own edibles and beverages by infusing them with store-bought or homegrown cannabis flowers.
What this indicates for cannabis seeds sales is an immense and absolutely untamed potential for massive business growth, so if anyone is to look beyond what the hottest cannabis trends are all about, it is effortless to spot the cannabis seeds being the very foundation of the big buzz.
2. CBD products
Another cannabis-related trend that has turned into quite a buzzword lately not merely in Canada but in fact, all across the globe, is none other but CBD products.
Being one of the two most abundant active cannabinoids, CBD (Cannabidiol) is a close relative of THC (Tetrahydrocannabinol).
While these two active compounds are actually known to work best when in synergy, CBD does seem to be more appealing than THC to the wide public, at least as of now, mostly because it is said to provide a number of health benefits minus the psychoactive effects associated with cannabis use, aka the high.
Vapes, bath bombs, creams, coffee, pets products, oils, tinctures, pasta: CBD is everywhere, and people love it. Yup, they seem to simply CBD insatiable. In fact, some critics dare to call CBD the next Bitcoin. Within the next five years, the CBD market in Canada is expected to hit $1 billion, and moreover, Canada is paving its path towards becoming the CBD Industry leader on a global scale.
But while many business owners are stacking on bottles of CBD oil, CBD vape cartridges and CBD-infused treats, among hundreds of other CBD products, the most visionary entrepreneur’s sense where the wind of change is actually blowing at CBD cannabis seeds.
CBD used to be a reserved territory of commercial-scale producers and retailers but this is becoming a thing of the past. Breeders are now competing to create better and more cannabis varieties that are high in CBD, so CBD seeds are already an intricate part of the best sellers available in the menu of reputable wholesale cannabis seeds companies, and other marijuana retailers both online, as well as offline.
For the record, prepping a bottle of CBD tincture by using homegrown cannabis buds can save consumers a small fortune in the long run, and the same goes for homemade CBD Oil, various CBD flowers-infused treats, topicals, and that’s just to name a few. Apart from affordability, there is something far more precious about working with homegrown CBD flowers from seed, and that’s the easy customizing of the final product, as well as being able to know exactly what you get to ingest, so just as the CBD market is bound to keep booming, so is the CBD DIY fever.
3. Cannabis tourism
The Canadian Cannabis Wedding Expo that came to Calgary in early 2019 created waves of massive euphoria. Uniting Love and Weed and Love for Weed, Pot, and Proposals and Proposals with Pot is just one of the many innovative approaches on cannabis that are bound to bring in more and more individuals to the cannabis side, especially as the stigma is steadily fading.
But that’s not all. A brand new weed industry has emerged: weed tourism. From hikes through fine dining, massages through weddings, people are eager to lace their lives in cannabis, and whether this has something to do with the precious herb being prohibited for far too long, or whether it has something to do with the miraculous properties of cannabis consumption that bring people closer together, it actually doesn’t matter.
The only thing that really matters is that the cannabis fever and innovations are here to stay and that they have spread their grip outwards, stepping into the world of event management, which is absolutely spectacular.
So, for the business owners who might be still wondering whether or not selling cannabis seeds is a winning strategy, experts will have one final stance: do as you please, for while you are still planning your moves, others are already enjoying the sweet rewards from marijuana seeds sales.
The Most Exciting Cannabis Business Trends to Watch Out for: The Takeaway
The cannabis tourism industry, the cannabis event management industry, the cannabis edibles, and the beverage industry, and the CBD craze are not merely among the most exciting cannabis business trends to watch out for. All of these incredible directions into which the marijuana pot industry in Canada keeps evolving highlight the tremendous potential for business growth in the niche. And in the backstage of public attention and discussions, the cannabis seed peeks behind the curtains modestly and humbly, proudly and happily enjoying the rise of a whole new industry that would be impossible to ever emerge without the tiny marijuana seeds being the very backbone.