The growth of the industry has seen a shift in focus from just cannabis flowers to new and exciting cannabis extracts. This arm of the cannabis industry has very optimistic projections as more cannabis users are opting for cannabis extracts for different reasons. There are different factors that are promoting the competitive profile of cannabis extracts and we will be looking into some in this article. These factors are the driving forces pushing the expansion of cannabis extracts. It should also be noted that they are reducing the market share of cannabis flowers while increasing that of cannabis extracts. Read on as we carefully explain the 5 competitive forces driving the expansion of cannabis extracts.
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Source : What are 5 Competitive Forces Driving the Booming Cannabis Extraction Business?
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