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What is Driving the Surge in Per Capita Cannabis Spending?

When Colorado first launched adult-use (recreational) sales in 2014, the existing medical market opened up to a wave of new consumers, including those from the sizable illicit market as well as new consumers who previously had little or no experience with cannabis. The launch of adult-use sales in other U.S. states along with expanding medical […]

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Understanding the CBD Consumer

The popularity of CBD products has exploded in the U.S. in recent years, with sales in the U.S. cannabis dispensary channel alone rising from $8.4 million in May 2016 to $56.9 million in May 2020. And hemp-derived CBD products, containing less than 0.3% THC, are increasingly available via general retail channels, though CBD ingestibles are […]

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Beyond THC: The Cannabinoid Renaissance

The legal cannabis market has exploded in recent years, with sales in the U.S. reaching an estimated $12.4 billion in 2019, forecast to rise to $31 billion by 2024. The market for cannabidiol (CBD) has also grown rapidly, with U.S. sales totaling $2.6 billion in 2019, on track to reach $18 billion by 2024. While […]

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Growing Acceptance of Legal Cannabis and the Impact on Ingestibles

Global legal cannabis spending is forecast to reach $47 billion in 2025, a number too big to ignore for many companies and industries. The U.S. will continue to be the largest global market, driven by more and more adult use markets opening. With the combination of more states enacting regulations allowing cannabis for medical and/or […]

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Top 5 Insights: Independence Day

Independence Day and cannabis go hand-in-hand: “daytime fun” and well as “celebrating special events” are top occasions for cannabis consumption. Cannabis sales spiked in the days surrounding the July 4th holiday in 2019, increasing 31% between July 1-3, and 21% between July 4-6. Although inhalable products – flower and concentrates – comprised the majority of […]

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BDSA Becomes Official Insights Partner of Business of Cannabis

BOULDER, CO and TORONTO, May 20, 2020 /CNW/ – BDSA (formerly BDS Analytics), the leader in comprehensive, accurate and actionable cannabis market intelligence and consumer research, announced today they have become the Official Insights Partner of Business of Cannabis. Business of Cannabis is the preeminent B2B cannabis media platform in Canada. As the Official Insights Partner, BDSA will provide Business of Cannabis with unique […]

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BDSA Launches Illinois Retail Sales Tracking

BOULDER, Colo. — May 5, 2020 —BDSA (formerly BDS Analytics), the leader in comprehensive, accurate and actionable cannabis market intelligence and consumer research, announced today that Illinois retail cannabis sales exceeded $188 million in the first quarter of 2020, reflecting adult-use sales of $109.96 million and medical sales of $78.2 million. This year’s sales are […]

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A Cannabis Holiday In Question: How Will The COVID-19 Crisis Impact Cannabis Business On 4/20?

The COVID-19 public health crisis reset societies around the globe in just a few short months. With more than 150,000 deaths as of this writing, per the Johns Hopkins coronavirus resource center, no aspect of our lives remains untouched. The Easter and Passover holidays were forced online and over 22 million Americans have lost their […]

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COVID-19 Impact on U.S. Cannabis Markets

State Status This page will be updated as new information becomes available. As Americans endure another week under the restrictions set by  government bodies as a result of the COVID-19 virus pandemic, many businesses have been forced to address their “essential” status, forcing many to temporarily close or adjust operations. While most adult-use legal cannabis […]

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