The U.S. cannabis market has been growing at a rapid pace in recent years. Experts predict the U.S. cannabis market will reach $30 billion in market capitalization by 2025, propelled by the increasing demand for cannabis products. Here’s more detailed information on this topic.
Reasons for the Increasing Demand for Cannabis
In 2020, the U.S. cannabis industry was the fastest-growing industry in the country. The factors responsible for the growth include, among others:
- The COVID-19 pandemic – During the pandemic, only essential businesses, including dispensaries, had legal permission to operate in the U.S. This was one of the government’s strategies to minimize movements and curb the spread of covid. As such, more investors entered the cannabis adult-use market by distributing cannabis products to consumers through dispensaries.
- Creation of new adult-use markets – In 2020, more states legalized both recreational and medical marijuana. This led to more adult-use markets sprouting in different states, and this contributed a lot to the increased demand.
- Increased consumption of cannabis products – The legalization of cannabis in many states made more people gain the confidence of using it legally, resulting in increased demand and a high consumption rate.
- Changing attitudes towards marijuana – For centuries, cannabis has been termed an illicit drug. However, with time, more people are becoming aware of the medical benefits that this substance can offer. As such, the support of marijuana legalization is increasing in the U.S. by day, compelling people to change their attitudes towards it. For instance, in the last decade, the number of elderly people using cannabis doubled, and more states are considering legalizing it.
Top Weed Delivery Services in Orange County
The widespread legalization of marijuana across the U.S. has led to an increase in demand for cannabis products. Moreover, the increased adoption of e-commerce during COVID-19 means consumers can now order cannabis products online from the privacy of their homes and get their orders delivered straight to their doorsteps. Consequently, more delivery services are entering the cannabis delivery business. Top cannabis delivery services in Orange County, CA, include, Eaze, Bud man, 420 Central, Glassdoor, and Amuse, among others. Uber Eats is the next delivery service in line, intending to partner with cannabis manufacturers and sellers to deliver this product to people. In a recent announcement, the online food delivery service expressed its intention to partner with some of the popular cannabis retailers to deliver cannabis products on their behalf. Through the Uber Eats app, customers will be able to order cannabis products but pick them up at the retailers’ stores.
How MDS can Help
If you buy or sell cannabis products online, you need a safe and reliable courier service to deliver your products. Located in Southern California, MDS is your custom courier & mail delivery service expert for all your mail and delivery needs in Orange County. Contact us for more information today.