Interesting Things to Know about Marijuana Manufacturing
1. 9/22/21, 12:38 PM 5 Interesting Things You Didn't Know About Weed Manufacturing and Distribution
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2. 9/22/21, 12:38 PM 5 Interesting Things You Didn't Know About Weed Manufacturing and Distribution
https://cannabis.net/blog/opinion/5-interesting-things-you-didnt-know-about-weed-manufacturing-and-distribution 3/15
5 Interesting Things You Didn't Know
About Weed Manufacturing and
Distribution
Making marijuana products is more complicated than you may think!
Posted by:
christalcann, today at 12:00am
5 Interesting Things You Didn't Know About Weed
Manufacturing
3. 9/22/21, 12:38 PM 5 Interesting Things You Didn't Know About Weed Manufacturing and Distribution
https://cannabis.net/blog/opinion/5-interesting-things-you-didnt-know-about-weed-manufacturing-and-distribution 4/15
Scruffy hippies getting high in a disorganized underground economy—this was how the weed manufacturing industry
was painted throughout the years. But today, the new weed manufacturing business is growing, and it's nothing like
you’ve ever imagined.
What Is Weed Manufacturing?
Weed manufacturing refers to the process of yielding, reproducing, deriving or preparing, manufactured weed
products. This process of weed manufacturing can be done either indirectly or directly, using extraction techniques,
chemical synthesis, or a combination of both. The industry continues to grow rapidly as more consumers are beginning
to understand the benefits of taking weed products in health and fitness, medicine, and even beauty
(https://cannabis.net/blog/b2b/benefits-of-cannabis-in-beauty-products).
Subsequently, as the demand for various weed products increase, more investors are showing interest in starting a
cannabis-related business. The entire weed industry is flourishing, and as this sector continues to develop at a fast pace,
there are lots of money to be made. If you’re thinking of going into a large-scale operation, there are many marijuana
processing equipment (https://fedequip.com/used-cannabis-equipment) available that can help you kick-start your
business.
But be prepared. Starting a weed business is not easy, as there are laws and regulations that you have to consider first
depending on the state or country you’ll be operating from. So, you might want to plan this carefully. It’s also best to
consult with lawyers and check with regulating bodies first to make sure your business will be compliant with the laws in
place.
4. 9/22/21, 12:38 PM 5 Interesting Things You Didn't Know About Weed Manufacturing and Distribution
https://cannabis.net/blog/opinion/5-interesting-things-you-didnt-know-about-weed-manufacturing-and-distribution 5/15
For recreational use, marijuana is currently legal in 15 states. But for medical use, it's legal in 35 states, and these
numbers are expected to grow in the coming years. Traditionally, hash, flower, and handmade edibles were the only
cannabis goods available to consumers in the underground market. In today’s legal market, weed products are available
in more forms like oils, concentrates, cannabis-infused drinks and foods, and products containing tetrahydrocannabinol
(THC) like dry powder inhalers, and transdermal patches. It’s no wonder why there’s a sudden increase in the number of
weed manufacturing companies regardless of strict state regulations.
But aside from the facts cited above, there are more interesting things about the weed manufacturing industry:
Its Sales Growth Is Rapidly Increasing
Since the changes in government laws, with more states legalizing its use, the market for legal marijuana was projected
to skyrocket. And true enough, according to Forbes (https://www.forbes.com/sites/willyakowicz/2021/03/03/us-
cannabis-sales-hit-record-175-billion-as-americans-consume-more-marijuana-than-ever-before/?sh=7377ede2bcf7),
5. 9/22/21, 12:38 PM 5 Interesting Things You Didn't Know About Weed Manufacturing and Distribution
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legal marijuana sales in the U.S. alone went up by 46% in 2020. This increase led to an all-time high of USD$17.5 billion,
which means Americans are consuming more weed than ever.
Furthermore, several new cannabis firms are pursuing research and development, testing, and production. In Canada,
many regions are anticipating the privatization of cannabis retail outlets. Many provinces that formerly picked a single
supplier are now asking numerous vendors to submit their bids to meet the increase in demand.
In a recent market analysis report (https://www.grandviewresearch.com/industry-analysis/legal-marijuana-market), the
value of the worldwide legal marijuana market was appraised at USD$ 9.1 billion in 2020 and is anticipated to have a
26.7% increase in compound annual growth rate (CAGR) from 2021 to 2028. It can be said that the growing demand for
legal marijuana is driven by the increasing number of states and countries legalizing the use of cannabis.
It Produces Innovative Products Too
With its legalization, marijuana users are eating their cannabis more than ever, rather than smoking it. Between January
and August 2018, the market share of edibles in Oregon and Colorado increased to 24%, with sales for other edible
products growing even faster. Cannabis-infused chocolates, for example, grew by 135% in Colorado during the same
period.
Aside from edibles, many other variations of cannabis products—such as topical oils applied to the skin and sublingual
dosages that dissolve beneath the tongue—have gained traction since legalization, but they don't account for the
majority of sales in the market. Low-dose products for medical patients or smokers who prefer a softer high have also
grown in popularity, with sales in Colorado increasing by 83% in 2017.
It Makes CBD More Accessible
Cannabidiol, or CBD for short, is a type of cannabinoid responsible for the majority of cannabis' medicinal benefits. CBD
may be separated and purified from THC, marijuana's major psychoactive component, to create oils and tinctures for
patients who want to benefit from the drug's anti-inflammatory and relaxant effects without getting ‘the high.’ In areas
where CBD is legal, these medicines are readily accessible and utilized as home treatments for anxiety, nausea, chronic
pain, epilepsy, and even acne.
6. 9/22/21, 12:38 PM 5 Interesting Things You Didn't Know About Weed Manufacturing and Distribution
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It Creates Employment Opportunities
The cannabis business is expanding so quickly that the number of employment opportunities in this industry has tripled
since 2016. According to Marijuana Business Daily, the weed industry employs between 125,000 and 160,000 full-time
workers. By 2022, it is anticipated to add another 340,000 full-time employments, representing an annual growth rate of
21%.
Weed manufacturers were able to hire a large number of people now that the demand for marijuana has increased
tremendously. In 2020, cannabis firms have employed more than 200,000 full-time workers in various areas of the
medicinal and recreational cannabis industries, including budtenders, machine operators, legal clerks, and more.
It Generates Tax Revenue
Marijuana sales in Colorado and Washington have been higher than in recent years, resulting in increased tax revenues.
Colorado earned more than USD$302 million in medicinal and recreational marijuana taxes and fees in 2019 as a result
of more than USD$1.7 billion in sales. According to a research by Arcview Market Research and BDS Analytics, sales in
the United States reached USD$12.2 billion in 2019 and are expected to rise to USD$31.1 billion by 2024.
Backed up by local evidence, a recent analysis from Colorado State University Pueblo's Institute of Cannabis Research
found that a contribution of more than USD$80.8 million in the local economy can be attributed to the legal cannabis
sector because of tax revenues. Furthermore, according to a study by New Frontier Data, an accredited cannabis
analytics firm, state-legalized marijuana may produce an additional USD$105.6 billion in federal tax revenue by 2025.
Key Takeaway
The legalization and regulation of marijuana use paved the way for the weed manufacturing industry to become one of
the fastest-growing businesses in the last few years. And as more countries begin to accept its true benefits beyond
recreational use, the industry will only continue to grow and expand to reach more consumers with countless
innovations.
CANNABIS AND CBD MANUFACTURING, READ MORE...
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(https://cannabis.net/blog/opinion/how-to-find-a-legitimate-cbd-oil-
manufacturer-for-your-business)
HOW DO YOU FIND A CBD MANUFACTURER FOR YOUR CBD PRODUCT? (https://cannabis.net/blog/opinion/how-to-
find-a-legitimate-cbd-oil-manufacturer-for-your-business)
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8. 9/22/21, 12:38 PM 5 Interesting Things You Didn't Know About Weed Manufacturing and Distribution
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10. 9/22/21, 12:38 PM 5 Interesting Things You Didn't Know About Weed Manufacturing and Distribution
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NEWS
Colorado Senator Gardner Presses Sessions About Cannabis Policy
It was no surprise that lawmakers from legal states especially Colorado were affected and responded with counterattacks to Sessions’ announcement last week.
11. 9/22/21, 12:38 PM 5 Interesting Things You Didn't Know About Weed Manufacturing and Distribution
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(https://cannabis.net/blog/news/colorado-senator-gardner-presses-sessions-about-cannabis-policy)
(https://cannabis.net/blog/funny/highlarious-marijuana-comedy-routines.345016)
FUNNY
Highlarious Marijuana Comedy Routines
Comedy and Marijuana go hand in hand. Get ready to laugh as we take a look at some classic stoner comedy routines from: Louis CK, Dave Chapelle, Katt
Williams, and more.
12. 9/22/21, 12:38 PM 5 Interesting Things You Didn't Know About Weed Manufacturing and Distribution
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OPINION