Rising Cannabis Categories: Disposable Vapes
Making up 26% of dollar sales across BDSA tracked markets in 2022, vapes have grown to become the second best-selling cannabis form factor behind flower. A growing trend in the vape space for the past year has been the rise of the disposable vape subcategory. From the start of 2022 to the end of 2022 […]
BDSA Cannabis Market Insights: Missouri
After a year that was rife with uncertainty and some challenges, the cannabis industry was treated to good news as the election results from the 2022 midterms rolled in. Chief among the victories for cannabis reform advocates was the passage of adult-use legalization in the state of Missouri. On November 8, 2022, Missouri voters approved […]
CBN and CBG Sales See Rapid Growth as CBD Sales Slow in Cannabis Markets
Most cannabis businesses today understand that consumers are increasingly turning to cannabis for a diverse set of need states. Minor cannabis like CBD, CBN, and CBG can be utilized to better position a brand’s products as a support for needs like sleep and pain relief, and further differentiate a brand’s products from competitor’s product offerings, […]
After a Sluggish Start to the Year, 420 Brings the Highest Daily Cannabis Sales in 2022 so Far
April is wrapped up and 420, the biggest day for cannabis sales so far this year, is in the books. Prior to the holiday, BDSA predicted that 420 would be the biggest day for cannabis sales so far this year. With BDSA’s Rapid Retail Sales Tracking data, we’ve gathered some top takeaways about how cannabis […]
How New Adult-Use Markets Accelerate the Expansion of Legal Cannabis
So far this year, Virginia, New York, and New Mexico have legalized adult-use sales, bringing the total of states with adult-use cannabis to 18, in addition to the District of Columbia, Guam and Northern Marianas Islands. With the passage of legalization in these states, more than 108 million Americans aged 21 and over, 43.2% of […]
CANADIAN CANNABIS SPENDING SOARS TO $2.6 BILLION IN 2020
BDSA estimates that total legal cannabis spending in Canada reached more than $2.6 billion in 2020, based on BDSA’s Canadian retail sales tracking and available government data through February. That is slightly higher than BDSA’s previous forecast of $2.5 billion—which was intentionally conservative in anticipation of impact from the COVID-19 pandemic. As in the United […]
Using Basket Analysis to Win in Store
A high-level understanding of cannabis markets is key for any business looking to succeed in the industry. But as legal markets mature, those in the highly competitive cannabis retail space need a more detailed view of consumer behavior and purchasing trends to stay ahead of the curve. BDSA offers a variety of tools to help […]
Global Cannabis Sales Exceeded $21 Billion in 2020; BDSA Teams Up with Canaccord Genuity to Discuss the Latest Outlook
BDSA’s Chief Executive Officer, Micah Tapman and Vice President of Insights and Analytics, Kelly Nielsen recently joined Canaccord Genuity’s Bobby Burleson for a lively discussion surrounding BDSA’s latest market forecast. Here are the highlights!
‘In the Weeds’ Episode 13: The Frontier of Cannabis Promotion Featuring Lee Henderson, Co-Founder of HiFi Farms
Today on ‘In the Weeds’ visit the frontier of cannabis promotion. Modern rock act, “Portugal. The Man” has teamed up with international ad agency Wieden + Kennedy and Oregon-based cannabis grower HiFi Farms to release “Feel It Still,” a custom, packaged pre-roll blend designed to pair with the band’s new single. The cannabis blend will be […]
‘In the Weeds’ Episode 12: Featuring Jeremy Bamford, Founder of PotGuide
Today on ‘In the Weeds’ we get to know Jeremy Bamford, founder of PotGuide, the internet’s most popular site for cannabis tourism. Learn how he has grown his company even with limited cannabis online advertising options, and what he sees for pot tourism in the future. About Jeremy Bamford, Founder of PotGuide Jeremy Bamford is […]