Trump’s India Tariffs Threaten Cannabis Industry’s Fastest-Growing Segment
The Trump administration is imposing a 50% tariff on imports from India
The Trump administration’s recently imposed 50% tariff on imports from India is threatening the cannabis industry’s fastest-growing sector.
India is the world’s largest supplier of pre-rolled cones, a key part of a product category that recorded $2.3 billion in sales last year, according to data analytics firm Headset.
India accounts for about half of the global pre-roll cone supply, with Indonesia making up the other half, said Harrison Bard, co-founder of Custom Cones USA, which found in a study published last year the pre-roll sales grew nearly 12% from 2023 to 2024.
For retailers selling pre-rolls for as little as $1, even a small increase in production costs could squeeze already tight margins.
Operators now face tough decisions: absorb the added costs, pass them on to consumers or switch suppliers.
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