By New Frontier Data
Q: It seems that the vaping crisis is not going away; how is the cannabis industry responding to the issue?
At a recent Revel event in New York City, a panel of industry leaders addressed some of the known causes of the vaping crisis, and suggested ways to identify and deploy safer vaping products for cannabis consumers.
As New Frontier Data's Chief Knowledge Officer John Kagia noted while moderating a panel discussion about the role that vape products play in the overall cannabis market, their popularity has grown due to their portability and convenience. Vape sales were estimated to reach $4.9 billion in 2019, and account for roughly 29% of all legal cannabis sales.
Noting their rapid consumer adoption and the significant role that vape products play in the broader cannabis ecosystem, the panelists shared their insights regarding the causes of vape-related illnesses stemming from illicit THC cartridges, and suggestions for how to prioritize consumer safety.
Likewise, industry stakeholders should continue to better engage with and inform policy makers about vital differences between legal and illicit products, and about the safeguards in place to protect consumers.
Ultimately, it remains incumbent upon industry participants to aggressively self-regulate through data-informed, scientifically sound processes to consistently develop safe products and deliver positive consumer experiences.
The post Ask Our Experts 12/1/19: Vaping Crisis Update appeared first on New Frontier Data.
The preceding article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.
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