spring 2018 Marijuana Market Report
How the Cannabis Market
Changed in 2017
LEGAL CANNABIS, Smarter
INVESTORS, CAPITAL, AND
COMPETITION IS ON YOUR DOORSTEP
- More than half the US - 29 states plus D.C. - has some form of medical marijuana law in place.
Within a few more election cycles, it is likely that 25% of the country will allow recreational marijuana.
The size of the legal cannabis industry is estimated to reach $21 Billion by 2021 from $7.1B today.
In Colorado, average wholesale prices were cut in half in just 2.5 years. This is not unique.
In 2018, STRICTER TESTING AND REGULATIONS, AND AN EDUCATED CUSTOMER MEANS QUALITY Cannabis PRODUCT will Win in the Marketplace.
PRODUCERS WHO DO NOT ADDRESS CONTAMINANT ISSUES WILL STRUGGLE.
Dropping wholesale prices and increasing standards for clean product are the biggest challenges growers will face in the coming years.
The marketplace is rewarding recognized brands, clean lab test screenings, and green growing practices.
Growers at risk will:
Lose productions to mold, pests, and disease
Fail lab screenings for pesticide use
See their products recalled
5 keys to Becoming a top producer of elite quality cannabis.
Moving forward, quality will be the differentiator.
Beyond reliably successful lab results, high-end appeal in aesthetic quality is an absolute must to avoid commodification and emerge as a boutique brand.
By consistently meeting the highest standards, producers can excel at maintaining and enhancing margins and the success of operations.
Tomorrow's top producers will enjoy:
High margin pricing
Consistent lab results free of mold and pesticides
Luxury brand ownership
Boutique and craft product offerings
Reputation for a desired and superior product
WHAT DOES IT TAKE TO BUILD A QUALITY OPERATION?
Growers who excel are:
Led by an experienced master gardener on-site
Setting up growing environments that minimize pests and eliminate mold risk
Running holistic practices and grow systems for pesticide-free and mold-free product
Repeating product quality and high yield grows harvest after harvest
Building seasoned teams through rigorous hiring practices and established management operations
WHY WORK WITH EMERALD ELITE?
The Elite Emerald team and our network of partners understand all challenges facing the growing legal cannabis industry. Whether you are a grower, distributor, or investor, we're here to listen and learn about your operations.
A few closing words about Elite Emerald Consulting:
EEC’s extensive network of experts and cannabis pioneers offer an unparalleled pool of knowledge and experience to draw on
Our clients understand the seriousness of lab and quality control screenings and approach testing with pride and confidence
Our affiliated producers have commanded 50%+ price premiums over average wholesale prices
Learn how to improve your Cannabis Production results in 2018
Whether you are a grower, distributor, or investor, we're here to listen and learn about your operations. Call us today.