A market survey of Vapes.

1. Vape
Market Analysis

2. Top 10 ways people consume Marijuana in USA
(Jan-July ‘18)
Flower $1.1B
Vape $467M ( 49%+ YoY growth)
Pre-Rolled Joints $185.5M
Gummies $135M
Dropper $68M
Shatter $64M
Wax $63M
Live Resin $61M
Disposable Vapes $56M
Chocolate Bars $39M

3. Distilling Marijuana
Heat @ 220F
~40 Minutes
Decarboxylated Oil
~60% THC
THCA
Thin film distillation
Distillation
90% THC
Oil
~100% Distillate
➔ Vape Category Oil’s
➔ Distillate is the growing trend

4. CBD (cannabidiol)
THC (tetrahydrocannabinol)
Medical
Recreational
$22B (2022)
SGMD
Tilray
Canopy
GW Pharma
Aurora
$8.5B (2022)
Usage Market Brands
Cannabis Oil TAM
Stizy
Dosist
VVSVape
Rove
Pax Era
Select Oil
710 King
Heavy Hitters
Brass Knuckles
Amber Industries

5. Triangulating data - Vape Cartridges
2018 2022
Concentrates @ $3B Concentrates @ 8.5B
58% is Pre-Filled vaping market 95% will be Pre-Filled Vaping market
Average $35 per Vape Cartridge Average $25 per vape cartridge
49.7M Cartridges 323M Cartridges

6. Vape Brand Analysis (California)
Brand USP %THC Rank
StiiZy Leak Proof Cartridge
Auto-Puff Activation
85% 1
Amber Industries Flavour & Taste 90% 2
Brass Knuckles Uses Co2 extraction method for toxin free
Vape
90% 3
Heavy Hitters Biggest cartridge on the market weighing in at
2.2 grams of CO2 distillate THC oil
Max 95% 4
710 King Pen cartridge -Distill the extraction five times to reach the
required purity level
-Multi voltage level
- 5

7. Vape Brand Analysis (California)
Brand USP %THC Rank
Select Oil Essential Oils for flavour
7 levels of Quality Check
95% 6
PAX 250 strains ( Wide Variety)
Mobile App
- 7
Rove Uses Co2 extraction method for toxin free
Vape
- 8
VVS Vape Luxury Vape Pen - 9
Dosist Medical Vape Pen can be used for
recreational
- 10

8. Flavours = Terpene + THC

9. Vape : Key takeaways
1. Good plume of smoke is counted as satisfying -> Good Airflow + Heat
2. Distillate + Terpene (Precise) -> Large branding opportunities like perfume
3. Leakproof
4. Automatic Vape is preferred
5. Cost of Vape

10. Sanchayan Sinha