Vaping Emerges As A Preferred Method For Rosin Consumption In Cannabis Market
As the cannabis industry continues to evolve, vaping is making strides as a mainstream method for consuming rosin, a solventless cannabis concentrate known for its purity and potency. Despite a general decline in cannabis concentrate sales from 2021 to 2023, rosin has defied the trend, showing strong market growth.
According to Headset data, while overall concentrate sales dipped, rosin’s market share nearly doubled, indicating a shift in consumer preference towards cleaner, more natural cannabis products.
Rosin’s market share soared from $24 million to $44 million, climbing from 6.5% to 16% within the cannabis concentrate segment. This growth propelled it past shatter in 2022, making it the second most dominant type of cannabis concentrate, just behind live resin.
Industry Leaders Agree
Around the same time that data was released, industry experts at the 2023 Benzinga Cannabis Capital Conference in Chicago gathered to discuss the future …