LEATHERHEAD, Surrey, UK and AKRON, Ohio, USA – 6 May 2020 – The global cannabis packaging industry is in a state of transition from an illegal to a legal market, and there will be a number of winners and losers. Large national brands and producers with economies of scale will win. The small producer and retailer will lose without laws protecting them from competition.
Smithers latest market report, ‘The Future of Cannabis Packaging to 2024’ forecasts the global cannabis packaging market value will reach $1.6 billion in 2024.