Forbs wrote an article about the five latest trends in the emerging cannabis industry and mentioned Frost Denver Dispensary as one of the forefront leaders of the fourth trend – luxury cannabis brands.
There are high-end dispensaries like Frost Denver Dispensary and gold rolling papers. The report states that cannabis brands “are replicating what happened in liquor brands with the introduction of high-end, more expensive tequilas, dark liquors, vodkas and sake.” It also suggests that due to the stigma of marijuana, large mainstream corporations won’t want to get involved presenting more opportunities for cannabis-specific companies. These brands will also be able to command higher prices.
H/T: Forbes
