Wax and shatter are concentrated cannabis extracts with high THC and CBD levels, providing a strong, instant effect with less than typical cannabis flower. They offer fast-acting effects when vaporized or applied, and preserve the characteristic aroma and taste of cannabis strains. They can be vaporized, dabbed, or added to edibles, offering flexibility for users. However, they have risks, such as high potency and potential contamination. To ensure safety, use recognized sources and understand extraction processes.