Wednesday, February 26, 2020 10:08:12 AM
5:17 pm ET February 24, 2020 (Benzinga) Hot Stories Print
Edibles, beverages and other “cannabis 2.0” products are the future of weed.
That’s the take Everett Knight of Valens Groworks Corp (OTC: VLNCF) shared Monday at the Benzinga Cannabis Capital Conference in Miami Beach.
The U.S. market is almost split 50-50 by flower and oil sales, and Valens is forecasting that oil’s share will reach 75% or more, said Knight, the extraction company’s executive vice president for corporate development and capital markets.
“I think 2.0 is really the future of cannabis,” he told moderator Jim Kirsch of Alliance Global Partners during a panel discussion.
“I’ve never met a doctor who wants you to smoke cannabis,” Knight said. “[And] it’s more convenient.”Digesting What Cannabis 2.0 Means For The Industry: 'A Lot Of Opportunity'
5:17 pm ET February 24, 2020 (Benzinga) Hot Stories Print
Edibles, beverages and other “cannabis 2.0” products are the future of weed.
That’s the take Everett Knight of Valens Groworks Corp (OTC: VLNCF) shared Monday at the Benzinga Cannabis Capital Conference in Miami Beach.
The U.S. market is almost split 50-50 by flower and oil sales, and Valens is forecasting that oil’s share will reach 75% or more, said Knight, the extraction company’s executive vice president for corporate development and capital markets.
“I think 2.0 is really the future of cannabis,” he told moderator Jim Kirsch of Alliance Global Partners during a panel discussion.
“I’ve never met a doctor who wants you to smoke cannabis,” Knight said. “[And] it’s more convenient.”
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