Gone are the days when a lonely Potstar could sit in quiet comfort, gazing listlessly upon a sea of white
cotton amidst the forever blue sky, vaporizing her selected cannabis oils on a Southwest Airlines flight
from Seattle, WA to Austin, TX. This time is referred to as “The good ol’ days.” A time that has long since
Vaporizing was once a luxury item available only through special purchase or at a reputable glass shop.
Nowadays, one can hardly leave the house without crossing paths with a now ubiquitous, often gauche,
vaporizer retailer clambering for your cash, enticing you to join the millions who have already adopted
the lifestyle. No longer clandestine, in limited supply, and powered by costly butane or cumbersome
charging ports – today’s modern vaporizer, the model types most commonly found in retail and medical
cannabis dispensaries, are powered by lithium-ion batteries. The same type of battery used to
power cell phones, hoverboards, and electric vehicles; lithium-ion battery costs have dropped 80% over
the past 6 years. The tangential vaporizer market as fully capitalized.
Combined vaporizer technology (battery, hardware, and cannabis extract) follows the same economic
principle that mandates pricing for all electronic goods and services: As technology increases, prices
decrease. The principle holds true in 2017 for vaporizers as an item that once retailed for over $200 is
now available for purchase, in a variety of colors mind you, for a mere $17.94 plus shipping. With prices
like these, is there any surprise that vaporizer sales in the United States topped $3.5 billion since 2008?
These figures, as striking as they are, are artificially low, for they negate the sales of the concentrated
cannabis oils that are required to experience the vapor wave. What started as coarse, crude extractions
in the 1970’s has evolved into an extremely high minded laboratory science. The result is a product
which consists of a highly clarified and concentrated THC mass, so potent that “Just a dab will do ya’” –
the origins of the popular term and now pastime, “Dabbing.”
So, it’s official. The votes are in and American consumers have spoken. Vaporizers and their respective
components are the future and are here to stay. Future-minded investors have started to enter the
market, and who can blame them. A wise move as vaporizing continues to carve out an increasingly
prominent place in our modern society.