Pot Vape Is as Big as Nicotine Vape — But Without Regulation
October 16, 2023 by bloomberg.com
Pot Vape Is as Big as Nicotine Vape — But Without Regulation
Cannabis vaping is around the same size as the market for tobacco vaping in the US — yet the two industries are on very different trajectories. New restrictions on tobacco vaping showed how federal legality can be a curse rather than a blessing when it comes to the business of recreational drugs. While the cannabis industry is holding out hope for federal legal changes — potentially with a rescheduling of the drug by classifying it as less risky — its vape sector seems to benefit from a lack of regulation.
19.30% of the adult population are current smokers. There are approximately 52.1 million current smokers in United States 22.90% of men are current smokers but only 15.80% of women.
SOURCE: GSTHR
