As we head into 2016, fast-growing Boulder- and Denver-based cannabis entrepreneurs shared what cannabis consumers want now with Daily Camera reporter Shay Castle. With cannabis-industry revenues on track to hit $1 billion for this year, popular new product categories include:
- A “gentle, pleasant high.” At Boulder startup Chooze, a cognitive scientist has formulated vaporized pellets with 50 percent THC (cannabis’ psychoactive compound) and 50 percent CBD (a non-psychoactive compound touted for its medicinal properties) that offer moods like sedation and ambition, rather than feeling stoned.
- Mapping the cannabis genome. The Cannabis sativa plant has over 100 potentially beneficial, mostly yet-to-be-researched compounds that could result in thousands of new products, says Nolan Kane, an evolutionary biologist and post-doctoral adviser at the University of Colorado, which is participating in the Cannabis Genomic Research Initiative (CGRI).
“Sales for products infused with CBD oil will top $85 million in 2015, according to a recent report from the Boulder-based Hemp Business Journal, though industry insiders say that figure is likely a low estimate.”
Lead CRGI researcher Daniella Vergara will present exclusive cannabis genome findings at the online Holistic Cannabis Summit on April 4-7, 2016 Sign up now for FREE access!
- The next aspirin? Culled from industrial hemp, CBD has been found to have pain-relieving effects and other possible health benefits.
- Other trends include: healthier edible products; standardized, distilled marijuana and hemp drinks; and more. Read full article.
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