The Trump administration’s just lately imposed 50% tariff on imports from India is threatening the hashish trade’s fastest-growing sector.
India is the world’s largest provider of pre-rolled cones, a key a part of a product class that recorded $2.3 billion in gross sales final 12 months, in keeping with knowledge analytics agency Headset.
India accounts for about half of the worldwide pre-roll cone provide, with Indonesia making up the opposite half, stated Harrison Bard, co-founder of Customized Cones USA, which present in a research printed final 12 months the pre-roll gross sales grew almost 12% from 2023 to 2024.
For retailers promoting pre-rolls for as little as $1, even a small enhance in manufacturing prices might squeeze already tight margins.
Operators now face powerful choices: take up the added prices, cross them on to customers or change suppliers.
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