A Look Ahead: Marijuana Retail, Cultivation & Industry Trends to Watch in 2016 – Marijuana Business Daily

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Check out this summary of what to watch from mjbizdaily.com

There have been warning signs of over-saturation in some markets for over a year now, which could lead to price wars.

That hasn’t happened in most markets yet, but longtime cultivator Greta Carter, who has businesses in Washington State and Nevada, thinks 2016 will be the year that growers reach a major tipping point.

“With the over-cultivation of flowers, farmers have become what they believe is innovative in purchasing oil-making machines, and now what we’re seeing is we’ve just shifted the over-saturation of flower to the oil business,” Carter said.

One side of cannabis that hasn’t yet been fully realized is medicinal applications, due to various obstacles and roadblocks to serious scientific research. But that’s changing quickly, and Colorado marijuana businessman Andy Williams thinks that will alter the face of cannabis retail.

Infused products companies haven’t scratched the surface yet, but they could start doing so in a big way this year.

Kind Financial CEO David Dinenberg believes 2016 will be the year established marijuana companies that have been around for several years will be rewarded for their tenacity. Those companies, he said, are well-positioned to grab the attention of the growing number of serious investors that are getting ready to throw millions into the marijuana industry.

Consultant Bulbulyan – who has worked with cannabis businesses of all stripes for nearly five years – said the industry will take major steps forward this year in promoting their products and brands.

“Hands down, number one, the biggest change you’re going to see in this industry this year is going to be branding and marketing of products across different sectors.”

Read the full article from the Source: A Look Ahead: Marijuana Retail, Cultivation & Industry Trends to Watch in 2016 – Marijuana Business Daily

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Posted in International, Seed to Sale by State.

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