By Sebastien Centner, Co-Founder of Hervé, a luxury French-inspired edibles company
There was once a time when cannabis was banned from polite conversations and avoided by mainstream media. Fast forward to today and cannabis seems to be all anyone is talking about. Nearly one in three Americans now live in a state where cannabis is legal for recreational use. The pandemic has advanced the dissolution of old stigmas with many states legitimizing cannabis use both as a true therapy for patients and as a revenue builder for depleted coffers.
The evolving cannabis landscape is joined by shifts in consumer demographics, demands and purchasing behavior. Cannabis consumers are spending roughly 25-30% more per purchase today than they did prior to the COVID-19 pandemic, opening doors to introduce higher-priced, premium products. Women, who generally desire such products and control trillions in spending power, are the fastest-growing demographic of cannabis consumers. Alcohol is being
Cannabis And NFTs: Collectible Cards Seek To Give Consumers Ownership Over Favorite Strains forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.
in the first country in the world to legalize adult-use cannabis.
Kaya Herb House – Courtesy Photo
Greenlane Holdings Inc (NASDAQ:GNLN) s
Higher Standards, Kaya Herb House and Oracabessa Ventures Limited have come together to open three stores across the super-posh Uruguayan Riviera, in an area often considered as the most upscale summer destination in South America – with plenty of reason. December 18 marked the opening of the flagship Kaya Herb House in La Barra.
Keith Haring bongs by Higher Standards – Courtesy Photo
“I think we really bring an interesting piece to the puzzle of the Kaya ecosystem, a bit of Higher Standards flair to the experience,” said Eric Hammond, vice president of Greenlane Holdings’ GNLN Brands and general manager of Higher Standards. “I am very passionate about expanding the Higher Standards mantra, it s way of thinking and elevating the experience, and these are the perfect partners to do it with.