{"id":33153,"date":"2024-02-12T08:00:32","date_gmt":"2024-02-12T13:00:32","guid":{"rendered":"https:\/\/www.veriheal.com\/blog\/?p=33153"},"modified":"2025-03-13T15:58:19","modified_gmt":"2025-03-13T19:58:19","slug":"cannabis-trend-watch-trends-to-watch-this-year","status":"publish","type":"post","link":"https:\/\/www.veriheal.com\/blog\/cannabis-trend-watch-trends-to-watch-this-year\/","title":{"rendered":"Cannabis Trend Watch: 5 Industry Predictions for 2024"},"content":{"rendered":"

Veriheal is more than just a telehealth<\/a> company \u2014 it\u2019s a top source for the latest in cannabis news, culture, industry insights, and more. <\/span>With the time we spend on our reporting comes an understanding of the political and industry changes on the horizon, as well as the consumer preferences driving the market. What follows is our prediction of the upcoming cannabis trends<\/a> ready to pop into the mainstream in 2024.\u00a0 <\/span><\/p>\n

1. Look For More Cannabis Brands To Partner With Mainstream Companies<\/b><\/h2>\n

If Green Thumb Industries\u2019 2023 collaboration with the iconic Magnolia Bakery showed us anything its that the cannabis industry\u2019s size and influence can no longer be denied.\u00a0<\/span><\/p>\n

Gone are the days when associating with anything cannabis was seen as a bad move. Today, the <\/span>$51.27 billion industry<\/span><\/a> presents an opportunity for mainstream brands to reach a massive audience.\u00a0<\/span><\/p>\n

Cannabis brands too stand to benefit from collaborations like these. Partnering with a mainstream brand can legitimize cannabis companies in the eyes of consumers who may not have otherwise considered anything related to cannabis.\u00a0<\/span><\/p>\n

For these reasons, we predict that these type of collaborations will be all over the place in 2024.\u00a0<\/span><\/p>\n

2. More Cannabis Ads Aimed at Older Generations<\/b><\/h2>\n
\"cannabis
Photo by Le\u00f3n Ramisan<\/figcaption><\/figure>\n

America is quickly becoming an older country. In 2019, 1 in 7 Americans were over the age of 65. The Centers for Disease Control predicts that by 2060, over 25% of Americans will be over the age of 65!<\/span>
\n<\/span>
\n<\/span>Chronic pain is amongst the most prominent health issues faced by older people. Unsuprisingly, an estimated <\/span>16% of older adults take prescription painkillers while 70% consume non-prescription pain killers<\/span><\/a>. <\/span>
\n<\/span>
\n<\/span>According to our 2023 Preference Report, <\/span>70% of Americans use cannabis to feel relief\/pain-free and relaxed<\/span><\/a>. However, older American\u2019s have always been a hard demographic to reach due to the old stigmas they hold about cannabis.\u00a0<\/span><\/p>\n

As older adults begin to represent a larger part of the population look for more cannabis brands to run ads highlighting their products’ pain relieving properties to this group. <\/span><\/p>\n

3. Personalized Cannabis Product Accessories<\/b><\/h2>\n

Thanks to TikTok, society-wide trends in fashion and design are thing of the past. In their place are \u201c<\/span>microtrends<\/span><\/a>\u201d which introduce influences from various subcultures to the general public. As a result, fashion today is more of a personalized mishmash than a stiff \u201cuniform\u201d of stylistically similar items.\u00a0<\/span><\/p>\n

This shows that today\u2019s consumers value self-expression above all \u2014 and not just when it comes to clothes. Recent microtrends have focused on the personalization of everything from Stanley Cups, to Crocs to piggy banks.\u00a0<\/span><\/p>\n

Cannabis consumers too want to express themselves through their cannabis products. Look for 2024 to be the year that small sellers and large brands release products meant to help cannabis consumers do just that. This includes items like <\/span>unique vape holders<\/span><\/a>, bong decals, and personalized flower bags.<\/span><\/p>\n

4. Cannabis Bursts Onto The \u201cSelf-Care\u201d Scene With Infused Lotions, Serums and More<\/b><\/h2>\n
\"cannabis
Photo by Elsa Olofsson<\/figcaption><\/figure>\n

The global skincare market is a behemoth valued at 146.7 billion in 2021. By the year 2031 experts predict the already massive market will be worth a staggering <\/span>$273.3 billion<\/span><\/a>!<\/span><\/p>\n

According to <\/span>Pinterest\u2019s yearly trend report<\/span><\/a>, Gen Z\u2019s interest in selfcare is expected to be a major driver of this growth. Gen Z\u2019s slow climb to becoming a market force \u2014 coupled with their positive opinions on cannabis \u2014 perfectly coincides with the emergence of uber-effective cannabis and CBD-infused skincare products (and a huge cannabis trend to watch this year).\u00a0<\/span><\/p>\n

Look for cannabis-positive Gen Z<\/a> shoppers to make these infused products a standout in the skincare market.<\/span><\/p>\n

5. The Summer of CBD-Infused Drinks<\/b><\/h2>\n

Unlike their older counterparts, Gen Z is an incredibly alcohol adverse cohort. <\/span>According to McKinsey<\/span><\/a>, health concerns, price factors and changing taste are the biggest reasons Gen Z is avoiding alcohol.\u00a0<\/span><\/p>\n

This leaves a massive market gap for beverages that act as social lubricants. CBD-infused drinks can do just that without the health hazards associated with alcohol.\u00a0<\/span><\/p>\n

Though THC-infused drinks will eventually get their moment too \u2014 the truth is that federal regulations mean that CBD products are able to reach a widier audience.\u00a0\u00a0<\/span><\/p>\n

As the weather starts to warm up, look for infused-cocktail brands to make a big push to put their products in front of consumers.\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Veriheal is more than just a telehealth company \u2014 it\u2019s a top source for the latest in cannabis news, culture, industry insights, and more. With the time we spend on our reporting comes an understanding of the political and industry changes on the horizon, as well as the consumer preferences driving the market. What follows…<\/p>\n","protected":false},"author":66,"featured_media":33298,"parent":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[5339,254],"tags":[15752,14029,13416,15755,13508,15753,15750,15751,15754],"class_list":["post-33153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-lifestyle","tag-baby-boomer","tag-cannabis-accessories","tag-cannabis-brands","tag-cannabis-partnerships","tag-cannabis-trends","tag-generation-x","tag-older-demographics","tag-older-generations","tag-tik-tok-trends"],"acf":[],"yoast_head":"\nCannabis Market Recap | Trends and Predictions for 2024<\/title>\n<meta name=\"description\" content=\"Discover Veriheal's 2024 cannabis trend predictions: potential brand partnerships, advertising patterns, and the future of self-care.\" \/>\n<meta name=\"robots\" content=\"index, follow, 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