FREE DOMESTIC SHIPPING OVER $100.
FLAT $100 SHIPPING FOR INTERNATIONAL ORDERS OVER $300.

Cart

0 Product

Cart is empty

0 Products

Subtotal$0

Shipping and taxesCalculated at checkout

Buy it now
READING TIME - 1 MIN

Where Terpenes Fits in the 'Green Rush' Market

Legal Marijuana. This term is a bit complicated, it's still a substance with ‘no medicinal value’ according to the federal government. However, a number of states have decriminalized or legalized the sale and use of medical and or recreational marijuana. Federal laws technically trump state laws, thus making all marijuana illegal, but these discrepancies have resulted in a massive wave of legal businesses opening to provide an eager community with based products in what some people have called the ‘Green Rush’.


ArcView Legal Projections

Financial planning group ArcView Market Research estimates American retail marijuana sales in excess of $21 billion in 2020. This estimate is low relative to a potential $35 billion in 2020 according to The 2014 GreenWave Report. Even if these projections are far too high, the argument is clear: the business potential of American may soon rival the gross domestic product of entire countries.


Currently, we occupy a period of adjustment, as budding legal industries begin to rub shoulders with the entrenched black market that supplied people with products before ‘legalization’. As weed enters public supply, the people who form its demand are adjusting their perspectives and raising their expectations. With the curtain of illegality falling from weed, the entire market is now being held accountable to the same regulations as any other business making consumable products.


The thing is, it’s expensive and time-consuming to obey laws, deal with administrations, and abide by other legal implications. Many cosmopolitan operations are reluctant to make the requisite changes to warrant legality, particularly with high tax rates often making legal product more expensive than street purchase.

 

Abstrax Organic Terpenes Terps

How Abstrax's NON Derived Terpenes Fit in the Market

Abstrax finds itself occupying this supportive niche. We conduct business proceedings as a modern institution, adhering to the highest manufacturing standards. Regulation is prioritized, our work is performed under standard operating procedure, and all employees follow careful protocol.


We maintain high criteria concerning product consistency, facility cleanliness, and customer relations. All of our sustainably sourced products are cared for with knowledge and expertise, ensuring correctness and reliability. It is our goal to meet and exceed the hopes of all our customers and clients in matters concerning both our business and theirs.

See other TERPENES news

Get to Know Your Favorite Strain | Apple Fritter

An exotic lineage full of mouthwatering terpenes AND heavy-hitting effects? Discover the compounds driving the sweet, freshly baked flavor and...

read article

Cannabis Gas Categories: OG Gas, Candy Gas, Chem Gas, and Tangie Gas

Not all gas is created equal. Explore the four distinct cannabis gas categories and how this information can help brands...

read article

The Signature Series: How DNA Genetics Struck 24K Gold with Tangie Gas

It’s the definitive “Tangie Gas” cultivar and it’s all thanks to master cultivators DNA Genetics. Learn about this Signature Series...

read article

Green Wednesday Checklist for Cannabis Brands

Move over Black Friday! Use our Checklist for Cannabis Brands to sell more and attract new customers on Green Wednesday....

read article

Enjoy 12 Days of Terpenes for the Winter Holidays!

The time to infuse vapes, edibles, and pre-rolls with seasonal flavors is NOW, so get inspired by our Top 12...

read article

Get to Know Your Favorite Strain | Candyland

A heavy-hitting lineage, candy-like aroma, AND stimulating effects? Discover the compounds driving the sweet, fruity aroma of the Candyland strain!...

read article

Top 10 Fall Flavor Fusions for Sweater Weather!

Capture the autumnal spirit in vapes, edibles, and infused pre-rolls with classic fall flavor fusions. Autumn is in sight and...

read article

Green Wednesday: The Black Friday of Cannabis

What is Green Wednesday? Discover the origins of Cannabis’ Black Friday and what the industry can learn from this increasingly...

read article

Top 10 Terpene Profiles for Halloween Products

Trick-or-Treat! From Peach Rings and Ghost Train Haze to Rainbow Belts and White Widow, infuse products with seasonal terror using...

read article

Get to Know Your Favorite Strain | Unicorn Poop

Legendary genetics, an unreal aroma, and euphoric effects? Discover the compounds behind the gassy, candy-like aroma of the mythical Unicorn...

read article