Cannabis Stats: How Popular Are Cannabis Edibles Getting?
Media outlets are beginning to get more and more flooded with advertisements and promotions of cannabis products. Cannabis edibles are food products containing marijuana extracts that are used for both recreational and medicinal purposes.
Edibles are most times regarded as safer, more discreet, and more effective than smoking cannabis in terms of their therapeutic and recreational uses. Cannabis edibles contain Tetrahydrocannabinol (THC), Cannabidiol (CBD), or a combination of both in varying proportions. Both compounds are found in marijuana and have therapeutic effects on users.
The significant difference between these chemicals is that THC has psychoactive properties (responsible for the feeling of being “high”) while CBD does not have the said properties.
According to a 2017 report by New Frontier Data, they predicted that in 2025, cannabis sales in the legalized market would attain as much as 23 billion USD in the United States alone. It was also predicted that tax revenue from cannabis would experience a 1.19 billion USD increase from 2017 to 2020.
The legalization of weed was also predicted to open doors for approximately 283,422 new jobs in the year 2020, with over 198,195 direct employment opportunities.
Studies show that the sales of cannabis in its plant/flower form holds a 54.21% share of total marijuana distribution in the US market. And as for marijuana edibles, candies captured 44% of the American edible cannabis market share with tinctures following at 17%.
In 2016, Ackrell Capital reported that the anticipated number of potential cannabis customers was limited with 100 billion USD when compared with painkillers, which ruled the chart at 300 billion USD. When marijuana was set against alcohol, potential cannabis buyers were 200 billion USD.
As of 2017, over 122 million people in America had used cannabis. 30-49-year-olds made up 51% of US cannabis consumers. Of the total number of American adults surveyed, 86% agreed that marijuana has valid therapeutic uses. 12% of the people said they used marijuana daily, and 11% either used marijuana weekly or less than once a year.
Over 50% of Americans rarely used marijuana as of January 2017. Those who said they knew someone who was arrested for cannabis possession was over 22%, while 4% in this same category were arrested themselves for possession of marijuana. 55% of American adults use cannabis to relax. 40% of US adults use it for stress relief or to enjoy social experiences.
In terms of marijuana distribution, recreational facilities make up 60%, while 33% of distribution in the US is attributed to friends. 47% of American adults agree that marijuana depictions on TV and in movies have made the usage of cannabis look more acceptable. In 2017, 13% of Americans who make less than 30,000 USD had smoked weed while only 9% of those that make over 75,000 USD have smoked marijuana.
By 2017, 19% of Americans have invested in the cannabis industry – consisting of both users and non-users of cannabis. Marijuana employees agreed that they joined the business because they wanted to “create change” according to New Frontier Data, with only 7% saying they entered the industry to receive better benefits.
However, 48% of cannabis employees had never received benefits in that same 2017, while 45% of American marijuana workers got paid vacation time. Over 87% of cannabis workers said they had never been arrested because of weed, while 11% of them said they had been arrested for marijuana.
Over 85% of these workers had used weed, while 15% had never consumed cannabis. Nineteen hours were reported as the most average weekly work hours in the marijuana industry. Research showed that the most common responsibility of cannabis companies in the US was cultivation at 25% while Brand Management and PR/Marketing came second at 24%.
THC edibles are any foods or drinks that have been infused with Tetrahydrocannabinol or THC. The extraction of THC from marijuana involves heating the flowers from the female plant in an oil-based liquid.
This heating process is what converts Tetrahydrocannabinolic Acid (THCA) to the activated form (THC), which is responsible for the “high” that consumers experience. Once the THCA has been converted to THC, it diffuses out of the plant into the oily liquid, where it becomes dissolved.
Reasons Why Cannabis Edibles Are Popular
1. They are Discreet: Cannabis edibles are very discreet when compared to other forms of cannabis like ointments, inhalers, pens, etc. Most people on daily medication prefer to use their drugs without attracting attention. Marijuana edibles offer a high level of privacy. All you need to do is take a bite of a cannabis chocolate bar or drink some marijuana juice instead of smoking.
2. Cannabis edibles have longer-lasting effects: Although the effects of edibles may take longer to kick in, they usually produce longer-lasting relief than other administration methods like smoking or vaping.
Taking cannabis in its edible form usually takes about 45 minutes to 1 hour before you start to feel its effects, meanwhile smoking or inhaling it will give you the results within minutes. In the same way, the effects of inhalation/smoking fade away quickly (usually between 30 minutes to 2 hours) while edible marijuana’s effects last much longer (about 5-10 hours).
3. Cannabis Edibles can be made easily: Cannabis edibles are your everyday foods and drinks plus marijuana extracts. As long as you can prepare a very basic meal, all you need to add is your cannabis extract to your recipe, and you’re good to go.
4. Limited exposure to the hazards associated with smoking: You risk eye, nose, throat, and lung irritation when you smoke weed. You are also exposed to the risk of lung and heart disease when you smoke or vape marijuana. With cannabis edibles, you avoid these concerns.
Examples of Edibles
As earlier stated, cannabis edibles are simply food products infused with marijuana extracts. Their examples cannot be exhausted. If you can imagine any food product, then add marijuana to it, and you have cannabis edible. Examples of the more common edibles include oils, gummies, brownies, tea, cookies, juice, candies, chocolate bars, coffee, smoothies, yogurt, and pancakes.
Edibles are rising fast in popularity thanks to the fact that they are discreet, they can be easily prepared. Asides cannabis edibles also offer long-lasting relief, and they reduce/prevent exposure to smoking hazards, among other things. Moreover, as a result of the legalization of weed, they are easier to get.