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420 with CNW — Data Shows Cannabis Flower Still Dominates Markets in Canada, US

Despite the increased prevalence of cannabis-derived products, consumers in America and Canada still overwhelmingly prefer cannabis flower. According to a new study published in the “International Journal of Drug Policy,” cannabis consumers in these two markets mostly consume cannabis flower compared to other cannabis product formulations.

Researchers studied trends in marijuana consumption patterns in the United States and Canada from 2018 to 2020 in what they called “one of the most comprehensive assessments” of marijuana consumption in the either country to date. They acknowledged that both countries had rapidly diversified cannabis markets and noted that user preference was a major determinant of cannabis consumption methods.

Furthermore, they stated that the mode of consumption had major implications in terms of potency, pharmacokinetic effects and consumer-use patterns. Their study recruited respondents aged 16 to 65 from major commercial areas in Canada and the U.S. that had legal recreational cannabis markets as well as those that didn’t.

The respondents were provided with a list of nine types of cannabis products, including dried cannabis flower, concentrates and oils, and asked how many times they consumed the products. They also provided data on consumption amounts and whether or not they mixed tobacco and cannabis.

As previous surveys have found, cannabis flower is still the most popular type of cannabis among consumers in both legal and illegal markets. Even so, the researchers found that other product formulations are gaining popularity in markets where consumers can purchase them legally.

Between 2018 and 2020, cannabis flower, while remaining the most popular product type, saw its use reduced from 81% to 73% in Canada, 78% to 72% in U.S. states with legal markets, and 81% to 72% in illegal American markets.

On the other hand, the researchers found that the use of all other product formulations increased in the past 12 months. Cannabis-infused edibles and vape oils were the most popular cannabis products after flower. Furthermore, legal U.S. states registered the highest use of noncannabis flower products, with men being more likely to report using processed cannabis products. Vape products were the most popular processed products among 26 to 20 year olds.

Interestingly, the researchers found that daily cannabis flower use in all American states and the average size of a joint had increased over time. Previous studies have also revealed that cannabis has gotten more potent over the years.

The study concluded that cannabis flower still remains the king in the American and Canadian markets despite declining use rates in favor of processed cannabis products. You can bet that established cannabis companies such as Prime Harvest Inc. have an eye on the changing consumer trends and are positioning themselves to tap the opportunities presented by those changes.

NOTE TO INVESTORS: The latest news and updates relating to Prime Harvest Inc. are available in the company’s newsroom at https://cnw.fm/PRIME

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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