Competitive Analysis

There is a huge and rapidly growing demand for cannabis extracts. The two markets, recreational and medical vary greatly in customer needs, regulations, distribution, and formulation (%THC, %CBD) based on a desired outcome. There are three routes to get the drug into the blood stream.

Route
Form
Onset
Retention
Bio availability
Pulmonary
Vapor
Rapid (Seconds)
Approx. 2hrs
Very High
Digestive
Edibles/ Drinks
Very slow (hour +)
Over 5 hours
Very Low
Transdermal
Oils/ Sprays
Medium (minutes)
Approx. 3 hours
Modest/high

By far the most popular method for ingesting the drugs is extracting the cannabinoids using heat then inhaling the vapors. These methods require raw cannabis as a retail product and extraction by the customer using a heating process. Of these methods below, smoking is still the most common and as such it is the market share leader.

https://norml.org/news/2020/03/05/survey-smoking-cannabis-remains-most-popular-method-of-ingestion/

Edibles are popular for people who prefer not to inhale. However, edibles have major problems. First understand the process for making edibles.

However cannabis bonded to lipids are metabolized in the liver and suffer for fists pass metabolic loss of 90% ! Worse the delayed gratification leads to overdose, and they can attract underage users.

Other competitive retail products use cannabis extracts utilizing a solvent-based process such as super critical CO2 extraction. This is a multistage, chemical batch process requiring constant supervision by highly skilled technicians. One batch can take 6 hours. The extracted cannabinoids are highly viscous and need to be diluted with an excipient-cutting agent before being formulated for use. This overall process is used in the drug product Sativex ® produced by G.W. Pharma. The cannabinoids can also be formulated into an oil to be used in commercial handheld vaporizers.

In the recreational market vaporizers are somewhat popular but, due to cost and convivence, “smoking a  joint” is still by far the most common form of ingestion. The market leader thus is raw botanical cannabis (a.k.a. dried flower heads, marijuana).

In the recreational market vaporizers are somewhat popular but, due to cost and convivence, “smoking a joint” is still by far the most common form of ingestion. The market leader thus is raw botanical cannabis (a.k.a. dried flower heads, marijuana).

The ability to utilize the nationwide, cost effective, job producing, well-regulated supply chain infrastructure that has been built, over many decades, for the distribution of alcohol beverages is a huge paradigm shift that will, in time, eliminate the consumer demand for raw cannabis (a.k.a marijuana) as a retail product.

The Vapor Cartridge Technology will win over customers by meeting their needs in a far better fashion.