the wholesale price of concentrates is rising in the face of the increased demand
Sales of marijuana concentrates shot up more than 40% last year and accounted for a larger share of the overall cannabis market, as consumers became more comfortable with the intricate process of dabbing and new technology has made the products easier to use.
In addition, some consumers are moving away from vape products because of respiratory-related health concerns and turning to concentrates such as wax, hash and shatter, according to industry insiders.
Meanwhile, the wholesale price of concentrates – which deliver a stronger dose of THC than other products such as flower – is rising in the face of the increased demand.
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