Exploring the Cannabis Green Rush and the importance of compliant packaging.
Since the Gold Rush of 1848, there has been no other global economic "rush" to wealth other than what was ignited in 2012 and continues today; the Green Rush. The Green Rush began when cannabis was legalized in Washington and four days later in Colorado. As more states continue to legalize cannabis, an industry has emerged in the U.S. that is projected to reach $99 billion by the end of this year and $155 billion by 2026, with revenue generated not only from the sale of weed but from countless ancillary businesses, one of the most relevant being packaging.
Cannabis packaging is a crucial component not only to maintaining freshness, potency, and protection of cannabis, but it's also a key driver of a brand's sales through the package design, function, and the meeting of regulatory requirements that vary significantly from state to state.
With easy access to manufacturers in China, many seeking to capitalize on the Green Rush see packaging as an easy road into the industry. Unfortunately, most of these packaging "newbies" lack any packaging experience or knowledge of the complicated regulatory and compliance requirements. Due to their inexperience, these companies often create peril to whom they sell and close up shop as quickly as they opened.
RXDco has been in the packaging business for 100 years spanning four generations, possessing a wealth of experience in the industry. We have
the infrastructure, manufacturing, resources, distribution, logistics, and
network to develop relevant packaging solutions that will meet every
expectation a cannabis client might require. In addition, we possess the legal knowledge to ensure that every package we produce for our clients meets or exceeds all regulatory and compliance requirements. We have the capacity and connections to assemble innovative R&D engineering teams that can leverage powerful resources and expertise to develop game-changing new product solutions for our customers.
If you are exploring packaging options for your cannabis brand, ensure you vet the companies you are considering working with. To protect the integrity of your products and brand, stick to working with a company specializing in cannabis packaging. They should possess a broad understanding of the category and how they can best help you take your business to the next level with a wide variety of options and adherence to the required laws of the states where you sell.
For more information email us at: [email protected]