Introduction

Here are the indisputable facts about the cannabis marketplace. There is an enormous and rapidly growing industry that services consumers’ demand for cannabis extracts. (A report from Statista projected that revenue in the Global Cannabis market is projected to reach US$51.27 Billion in 2023; Revenue is expected to show an annual growth rate (CAGR 2023-2028) of 14.95%, resulting in a market volume of US$102.90 billion by 2028.)

The vast majority of these consumers ingest cannabis extracts via the pulmonary track. Currently, those consumers purchase dried cannabis flower heads (a.k.a., flower), and use heat in various methods to generate a vapor that is rich in cannabis extracts. They then inhale the vapor. Some consumers purchase cartridges filled with a cannabis extraction in oil form along with an excipient. A vape pen is used to heat the oil into a vapor, which is inhaled. The Vapor Cartridge Technology (VCT) offers a far better way to generate inhalable vapors rich in cannabis extracts. This website (https://vaporcartridgetechnology.com) provides the data to support these statements:

• A Game-Changer: “Once successfully commercialized, VCT vapor cartridges will replace flower (both legal and illegal) as well as oil-filled cartridges as the source for ingesting cannabis extracts in vapor form.”
  
  
• Medical Breakthrough: “Due to the ability of the VCT vapor cartridges to consistently and safely deliver an exact dose of a prescribed formulation of cannabis extracts in vapor form, it will, in time, receive FDA approval for use in clinical research into the medical value of cannabis extracts. It is highly anticipated that this clinical research and subsequent clinical trials will lead to myriad patented drug formulations, addressing ailments including, but not limited to: PTSD, severe pain, multiple sclerosis, ALS, epileptic seizures, multiple forms of cancer, Alzheimer’s, and nausea.”
  
  
• Recreational Use Advantages: “VCT vapor cartridges will enjoy a distinct advantage in the adult recreational market. VCT vapor cartridges will offer a more cost-effective and trusted way for consumers to achieve the physiological effect that they desire. VCT vapor cartridges will be extremely convenient to purchase. You will be able to purchase them through well-regulated liquor stores… with a credit card! ”
  
  
• Regulatory Compliance: “Adult recreational consumers will highly value VCT vapor cartridges’ product labeling that accurately defines the amount and the formulation (THC, CBD, CBN, terpenes) for each dose the consumer will ingest. The demand for VCT vapor cartridges will grow rapidly. As such, demand will be high for legal wholesale botanical cannabis to be processed into VCT vapor cartridges. Legal cannabis cultivators will greatly benefit from this high demand for their crop.”
  
  
• Economic Impact: “As legal use of cannabis via VCT vapor cartridges rapidly grows at the expense of the extremely large illegal flower market, States will enjoy huge tax revenues. This will be most evident on the West Coast. The potential for enormous federal tax revenue will help drive consensus at the federal level. The strong political desire to use this revenue to fund Social Security and Medicare /Medicaid, and to help balance the federal budget, will lead to strong bipartisan support to legalize cannabis.”

**So, the question is: Which company or consortium can harness the power of the Vapor Cartridge Technology and enjoy a long-term leadership role in the cannabis industry?

There are technical, business, and political challenges to successfully launch a new-to-the-world product line. Start with the technical challenges. The first step in a product commercialization undertaking is to build a Lab prototype. Details on how to accomplish this can be found on this website.