It’s clear that MJBizCon 2024 has not met expectations. The cannabis market continues to lose ground to nicotine disposable products, which are rapidly dominating the space. Most innovations in cannabis vaping products seem to mimic nicotine vaping devices, with changes largely confined to appearance rather than significant advancements in functionality or ceramic formulations.
Looking ahead, 2025 is likely to present even greater challenges. With Trump’s administration implementing stricter tariffs and reports of widespread visa denials for Chinese companies entering the U.S., the environment is becoming increasingly restrictive and uncertain. Such developments are unprecedented and will undoubtedly impact the entire vaping industry.
That said, industry shakeups often pave the way for new products, technologies, and opportunities. It will be interesting to see how the market evolves in response.