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Title: Astick: Success with Trendy Postless Disposable Vapes
Ontario, United States, 28th Aug 2024 - The cannabis industry is facing price pressure as its products mature, especially in the competitive market for disposable vape pens. More and more, buyers are leaning toward vape pens with transparent windows that let them see the quality of the oil inside. One standout trend is the rise of postless disposable vapes, which has especially caught the attention of younger consumers.Artrix has noticed this shift and introduced Astick, a disposable vape pen that meets these new consumer preferences while also maximizing profits for partners. In this blog, we’ll delve into Artrix’s introduction of Astick, and explore how the cannabis industry is adapting to price pressures and changing consumer preferences. Case Study: Limitation of High-Priced Postless Disposable Vapes Turn, a brand by Forbidden Flower and Turning Point Brands, is renowned for its meticulous production standards. It precisely converts THCA into D9-THC, establishing its presence in cannabis oil and disposable products. Turn’s Rise in the California Market In California’s competitive cannabis market, Turn stands out in vaporizers. It climbed steadily, reaching the top 10 by February and maintaining the 9th position in March and April. Sales surged from $2,045,950 in January to $2,902,740 in April, averaging $13 per product. The flagship product leading this charge is the Turn Down – Watermelon Sugar High Live Resin Disposable (1g). Between 2023 and 2024, this product witnessed substantial growth in both sales and market share, priced at approximately $39.50 per unit on weedmaps. Sales skyrocketed from around $750,000 to $1 million, with its market share increasing from slightly above 5.0% to 6.4%. Challenges to Turn’s Market Expa...
This press release is issued by King Newswire