HEMP

28 hashish predictions for 2021

28-hashish-predictions-for-2021

Just a little better than a coin toss! Yikes So well did Leafly News predict the future as it was written in 2020.

For obvious reasons, everyone’s best plans have been tossed in history’s garbage drawer – alongside lawn arrows and those Easter Island statues.

Our most accurate predictions for 2020 have been both pessimistic and optimistic.

The sclerotic US Senate hinders planning. Boo.Frickin ‘legalization in the Dakotas. Wowza.

Last year Leafly News made about 40 predictions: 22 came true; 18 did not, and 4 were inconclusive. This equates to an accuracy rate of 54.3% for 2020 versus 68% for 2019. We have been humiliated.

Take our predictions for 2021 with one gram of sativa – it’s time to look deep into the 4th dimension.

Predictions for cannabis strains and products

New stores and delivery services serve more legal consumers in more locations than ever before. with five new states setting up programs.

No surprises here: continued crossbreeding of cake and Gelato offspring like Runtz. And the apple trend is ripening.

Rare cannabinoids advance in foods: your CBG, your CBN, your Delta-8. … people have to do a neuro hack in 2021.

Keep an eye out for the highly potent, tasty apples and bananas from Compound Genetics sold through cookies.  (David Downs / Leafly)Keep an eye out for the highly potent, tasty apples and bananas from Compound Genetics sold through cookies. (David Downs / Leafly)

mainstream Celebrities like Gwyneth, Paltrow takes even bigger stakes in tame lifestyle companies like CANN.

Cannabis lounges Breaking 2020 pandemic restrictions will be a tough one. Don’t look for an opening until we have widespread access to coronavirus vaccines in mid to late 2021.

CBD will march along and gain followers because of its effectiveness. There will be new charlatans, scandals and big pharma products.

connected

Top Varieties of 2020: Second of Variety of the Year

We’re not going to see broad crackdown on CBD sales, but they do FDA will continue to censor CBD companies for medical claims.

The FDA has long awaited Rules for CBD is being delayed by the change in administration, with people appointed by Biden closely examining the Trump team’s progress in 2020. The publication of the rules is planned for the end of 2021.

Pot price planning

We expect retail Cannabis flower prices Remaining strong in mature markets in the face of strong demand and limited supply in 2021.

in the newly opened states As in Missouri, sky-high early prices will gradually fall to their natural levels as supply begins to catch up with demand.

Forecast of the federal reform

We expect that the Congress will also be passed federal medical cannabis reformhow to enable more research.

The two Georgia The Senate races will be a 1-1 draw, with Republicans keeping the only seat they need to maintain control of the Senate.

In Congress, the House will reinstate and pass the MORE bill, but the Senate, of which Mitch McConnell is still in command, will continue to do so Block examination of the federal law on legalization.

The house is going to adopt a federal cannabis Commercial bank relief calculation McConnell will block it in the Senate.

Federal Descheduling won’t happen in 2021. Prove us wrong, America. We can do better.

Fortune telling at the state level

The federal change almost always seeps out of the states. Reconsider that New York State Legislature, embarrassed that New Jersey legalized adult cannabis in 2020 (and thinks about all the New York tax dollars going to New Jersey) will finally pass law this year to legalize marijuana.

The Connecticut Legislators will review and pass a limited form of legalization this year. Look for an immediate decriminalization but a long delayed introduction of actual cannabis sales.

The state New Mexico Legislators will consider adult legalization, and 2021 is the year. You can do it, New Mexico! Get this tax revenue.

With a great pressure from the governor and lieutenant governor of the Pennsylvania Legislation will wrestle with a bill to legalize it throughout the session, but 2021 is not the year. Look for its passage in 2022.

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The Maryland Legislators will consider legalizing it, but 2021 is not the year. Concerns from the Maryland-based federal government bureaucracy will weigh heavily on reform.

Share programs will expand and get better with the emergence of a home industry of equity enabling companies.

When the pandemic recedes new regulations for tobacco and cannabis vape will come to the fore again. In particular, we will see additional local levels Vape taste bans. Also state-level THC vape testing gets tighter.

Vape lung injury, dangers of vaping cannabis, marijuana vaping diseaseVape devices that undergo testing in a Centers for Disease Control and Prevention (CDC) laboratory. (Courtesy Lauren Bishop / CDC)

Business outlook

Cannabis investments were propelled into the crater in 2020 by the double blow of Canadian legalization and the coronavirus. In 2021 Investors will return, driven by the staggering 65% increase in cannabis sales in the US in 2020. (Yes, cannabis is a recession- and pandemic-proof industry.)

Floridawill overtake Washington and Colorado with an adult-only medicine industry to become the nation second largest legal cannabis market, just to California.

With American exchanges still tough to crack due to the federal ban, we’ll see more SPAC-driven investments like Jay-Z and REIT lease-backs.

Long-term, steady growth will increase in 2021. local companies like cookies and viola. Massive investment-driven expansion and lively national marketing campaigns are therefore 2019.

International inclinations

Aquaponic grows at Habitat’s British Columbia facility. Courtesy Habitat Life Craft Cannabis.

It gets better in Canada The businesses that will survive made the tough decisions back in 2020 to get rid of their empty acreage and overproduction problem. Better boutique growers are replacing the Snickle Fritz, which is pumped out on certain mediocre mega-crops.

in the MexicoFederal reforms will dwarf the US, but a legal adult retail market won’t emerge overnight. The slow pace of reform will frustrate proponents.

And that’s it for Leafly News’ mind-melding with the future. As always, the future is what you make of it. … And after 2020 we propose to double it.

Bruce Barcott and David Downs

Bruce Barcott is Leafly’s associate editor and author of Weed the People: The Future of Legal Marijuana in America. David Downs is Leafly’s California bureau chief and author of Beyond Buds and The Medical Marijuana Guidebook.

View articles by Bruce Barcott and David Downs

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