
PreRoll Trend Update
Lerato
Description
<p>In 2021, 46% of cannabis consumers reported enjoying pre-rolls. Last year, pre-roll sales in recreational U.S. cannabis markets saw 59% year over year growth with total sales increasing from $704M in 2019 to $1.12B in 2020.</p> <p>This growth in pre-roll sales outpaced the total market which grew by 54.2% over the same period, according to data from Headset.</p> <p>When survey respondents were asked to talk about their pre-roll production processes, it becomes clear that increased automation is how producers are scaling to meet demand.</p> <p>Cone-filling machines are becoming mandatory. Additionally, industrial grinders are key to breaking down the cannabis product prior to packing. Any business looking to move pre-rolls at scale needs these two machines. There is a surprising number of businesses still using hand sifters and blenders who need to now start automating their processes before it's too late.</p> <p>Show Notes:<br /> The Valens Company Closes Its Largest Pre-Roll Manufacturing Agreement To Date<br /> https://www.benzinga.com/markets/cannabis/21/08/22716474/the-valens-company-closes-its-largest-pre-roll-manufacturing-agreement-to-date<br /> US CANNABIS DISTRIBUTION TRENDS REPORT: Flower/Pre-Rolls<br /> https://global-uploads.webflow.com/596691afde3c5856d866ae50/6131391c5085390de011b114_Q321_US Cann_Flower_Pre-Rolls_Distribution Report_FINAL.pdf</p> <p>Host:<br /> Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.<br /> https://www.linkedin.com/in/joshkincaid/</p> <p>Episode 806 The Talking Hedge:<br /> Your Cannabis Business Podcast.<br /> Covering cannabis products, reviews, business news, interviews, investments, events, and more.<br /> https://www.theTalkingHedgepodcast.com</p> <p>Music Info:<br /> Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018Artist: LuxrayBeats</p> <p>Keywords:<br /> Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge P