Supply Chain Competition for Vape Segment Heats Up

Vape products have become the second-largest segment in the U.S. cannabis industry, accounting for nearly a quarter of the total market. In the third quarter, vape product sales grew 3% from the previous year. The global market for cannabis vape parts presents a $700 million opportunity for suppliers. However, CCELL's market share has almost halved in the past four years, facing competition from companies like Advanced Vapor Devices. Additionally, the preference for all-in-one disposable vapes over traditional cartridges is on the rise. Despite price deflation and regulatory challenges, the vape sector continues to expand.

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Frequently Asked Questions

Q: What is the current state of competition in the supply chain for the vape segment?

A: The competition in the supply chain for the vape segment is heating up, as mentioned in the Green Market Report. Source: Green Market Report - Link

Q: How does the competition in the supply chain affect the vape segment?

A: The competition in the supply chain for the vape segment can impact various aspects such as pricing, availability of modular devices, and market dynamics. Source: Green Market Report - Link

Q: What are some factors that contribute to the competition in the supply chain for the vape segment?

A: Factors such as the regular organization of vaping events, including conferences and competitions, can boost the need for modular devices. Source: Grand View Research - Link

Q: Is the competition in the supply chain for the vape segment influenced by foreign currency and commodity markets?

A: Yes, the volatility in foreign currency and commodity markets is mentioned as one of the factors that make it difficult to predict the fair value of vape segment assets. Source: PMI Annual Report - Link