As the cannabis industry continues its rise to the forefront of the American marketplace, emerging regulations around what the products are packaged in is quickly becoming a point of concern.
Data compiled by MjBizDaily showed the economic impact of marijuana is up 30 percent from 2020 and is expected to reach $92 billion this year. The industry is forecast to exceed $160 billion in 2025.
With the sector's wide array of products now exploding onto the shelves, incumbent companies and business models are beginning to feel the heat. Concerns around clear labeling, childproofing and sustainability are growing issues, while the big candy companies are complaining about packaging confusion.
Lisa Buffo, founder and CEO of the Cannabis Marketing Association, said "packaging is a critical touch point with the cannabis consumer."
"It's the first step they take when physically interacting with the product," she said. "What information is displayed on the packaging? Is it something the consumer can read and understand? Will that information change how they engage with the product and further their understanding of what's in it?"
Here are the current concerns related to cannabis packaging.