$NUGS Cannabis Strategic Ventures acquired Pure Ap
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A September 2018 market report by Arcview Market Research and BDS Analytics has estimated that Americans will spend $2.9 billion on concentrates this year, 49% more than last year. In 2014, concentrates only accounted for 10% of all cannabis sales, but that number is expected to climb to 27% this year.
“Concentrates are already revolutionizing the way cannabis is being consumed. The PureOrganix™ brand has already captured a strong following and praise for the products and is poised for tremendous growth as their products become more available in cannabis retail environments,” added Yu.
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