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Quadron Cannatech Corp QUDCF

"Quadron Cannatech Corp focuses on ancillary equipment, products, and services for the federally authorized cannabis industry by providing a full array of an end to end extraction and processing solutions including sales of alternative end-user delivery options for recreational and medical consumers. It sells ancillary cannabis products, such as customized dispensing devices, such as vaporizer pens; and consumption type products, including branded encapsulation products to authorized cannabis in


GREY:QUDCF - Post by User

Comment by xtrah77on Sep 16, 2018 1:45pm
128 Views
Post# 28628852

RE:RE:RE:RE:RE:Sales

RE:RE:RE:RE:RE:SalesNew Frontier Data

Demand for concentrates is soaring as product popularity grows!
  • In 2017, rising sales of concentrates in Colorado represented nearly 30% of all retail cannabis sales.
  • While in Q1-2016 sales of medical concentrates were 44% higher than for adult-use sales, preferences had flipped by Q4-2017 as adult-use sales outpaced medical sales by 6%.
  • Overall, the number of concentrates sold per adult cannabis consumer in the state grew more than 58%, from 10.4 grams per person per year in 2016 to 16.5 grams in 2017. 
  • Surging demand for concentrates significantly impacts the cannabis supply chain. Some growers are establishing specific cultivation facilities for flower extraction
  • Sales of concentrates are spurring dramatic parallel growth in sales of vape hardware and dab rigs (oil consumption devices). 
  • Colorado offers an indication of the demand trajectory for concentrates as adult use markets expand nationally.
  • Consumers in the illicit market prefer flower, access to concentrate products quickly shifts their preferences, with concentrates and accessories becoming increasingly popular among their shopping carts.
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