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Data Based Decision Making

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. […]

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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 […]

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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 […]

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Due-Diligence Is Key for Betting on Cannabis in Nevada

Nevada and cannabis

The Nevada cannabis market is unique among states with legal recreational cannabis regimes. The role of tourism plays a big role in shaping retail trends. The concentration of sales in urban centers stands apart. And the state’s regulatory framework offers benefits and challenges for cannabis companies and investors. Since July […]

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Will Global Legal Cannabis Spending Exceed $40 Billion by 2024?

Consumer spending on legal cannabis worldwide reached $10.9 billion in 2018. This number is especially significant considering the variables at play: the California market transition from lightly regulated medical-only to fully regulated adult-use; the maturation of first-in, adult-use markets in Colorado and Washington; and the lackluster rollout of legal adult-use […]

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What Was Hot in Pot in 2018: Top 10 Cannabis Product Trends

Top 10 Cannabis Product Trends of 2018 - BDS Analytics

When Colorado kicked-off legal adult-use cannabis sales in the United States in 2014, unbranded flower fully dominated the marketplace, capturing more than 60 percent of all sales. Concentrates, edibles and topicals were far behind. Five years later, multiple states enjoy legalized adult-use cannabis sales, including the most populous state in […]

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A Budding Romance: Cannabis Lovers Embrace Valentine’s Day

A Budding Romance: Cannabis Lovers Embrace Valentine’s Day

  Valentine’s Day means chocolate and flowers for most of America — including couples in cannabis-friendly states. Only instead of red roses, the flower might be an eighth of Rose Bud, an indica-heavy hybrid with a floral aroma. And the chocolate? A bar of dark chocolate speckled with violet petals […]

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It Might Not Get You Buzzed (On Its Own), But Consumers Are High on CBD

It Might Not Get You Buzzed On Its Own, But Consumers are High on CBD | BDS Analytics

  Prior to waves of cannabis legalization in different states, few people knew a thing about CBD. An acronym for Central Business District, or Convention on Biological Diversity? But now stores line shelves with CBD, online shops ship bottles of it around the world, and CBD gets featured in the […]

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Cannabis Consumers are Happy Campers!

FOR IMMEDIATE RELEASE: Cannabis Consumers Are Happy Campers Cannabis Wellness Trends™ Public support for cannabis legalization is stronger today than ever before, yet the “stoner” stereotype — apathetic, unsuccessful, flaky — persists. But not, we believe, for much longer. Cannabis consumers, it turns out, are among the most well-adjusted and […]

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Cannabis Consumers are Happy Campers

FOR IMMEDIATE RELEASE: Cannabis Consumers Are Happy Campers Cannabis Wellness Trends™ Public support for cannabis legalization is stronger today than ever before, yet the “stoner” stereotype — apathetic, unsuccessful, flaky — persists. But not, we believe, for much longer. Cannabis consumers, it turns out, are among the most well-adjusted and […]

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