The cannabis industry’s meteoric expansion shows no signs of slowing down. Legal sales are expected to go over $40 billion in the US alone by 2024 as more states move toward legalization and markets that are already there get bigger. It's hard for dispensary owners and wholesale cannabis sellers to keep up with what customers want all the time. Here is a sneak peek at 7 Cannabis Supplies Wholesale forces that will shape 2024. Use them to stay ahead of changing market trends.
Concentrates like waxes, shatters and vape oils made headlines recently for health concerns around additives. Expect purity to dominate 2024 with uncut vaporizer formulas surging in popularity. Simpler, cleaner concentrates will also transition to cloudy or sugary final textures instead of glass-like transparency. Heavy metals testing becomes standard not just on plants but also on finished vape oils prior to dispensary wholesale supplies.
Dispensary product selection and shopping experience started heavily mirroring Apple Store models. But 2024 brings a shift from clinical neutrality to bold, bespoke branding and retail concepts aligned to specific consumer archetypes. For example, a wellness-centric shop for health-focused females versus a loungey man cave vibe targeting gaming guys. Customized wholesale supply sourcing facilitates the bespoke boom.
Look for more celebrity co-branded cannabis products hitting wholesale market shelves in 2024. Following trailblazers like Jay-Z and Post Malone, big-name artists, and athletes will increasingly slap their sub-brands on pre-rolls, edibles, and consumption accessories as the legalization stigma fades. The halo effect gives products built-in demand despite premium price tags.
Remember 2018 when microdosing psychedelics started trending? As public perception of dispensary wholesale evolves from vice to wellness, microdoses of cannabinoids emerge in more concentrated forms. Expect THC and CBD ratios to flip towards more CBD from functional weed drinks to chocolates, promoting relaxation over impairment. Lower doses expand user base.
Small operators are currently overwhelmed by compliance reporting and track-and-trace protocols. By 2024, wholesalers and wholesale smoke shop supplies will have integrated software and automation. This will make it easier for them to manage reporting, ordering, inventory, and delivery logistics. Cannabis supply chain data security and operations solutions are important investments. They can include customer loyalty programs and Metrc government reporting. These solutions can make a big difference.
Dry flower burns and vapes poorly. Yet few universal cannabis moisture measurement standards currently exist for suppliers or dispensaries to benchmark. In 2024, optimizing moisture levels between 62-67% becomes crucial for wholesale quality assurance. Cannabis hardware will also integrate humidity tracking and panels akin to cigar humidors.
Current laws restrict multi-state cannabis companies from owning certain supply chain components nationally. Contract growing agreements will increase. Brands can coordinate production coast-to-coast. They can work with regional expert farmers under contract. This is instead of full vertical integration. It is not limited to select markets only.
Rapid growth years ahead for cannabis ensures dispensary wholesale market volatility. But following consumer-driven trends around purity, personalization and potency preferences stacks the odds for dispensary success. Check [https://8milesmoke.com/] for the latest wholesale cannabis products suited to 2024’s projections.