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canada cannabis market

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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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 […]

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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 […]

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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. […]

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How Will “Cannabis 2.0” Affect the Legal Canadian Market?

Canada Map BDS Analytics

As part of our partnership with ACCRES, BDS Analytics’ President and Co-Founder, Liz Stahura, recently presented a Cannabis 2.0 webinar for Canadian Retailers. Here are our Top Five takeaways:   There’s a lot to be learned from the U.S. markets. Canada may have been first when it comes to federal […]

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A More Conservative View of Canadian Cannabis Market Growth

Canada Legal Spending Chart

Our research on the roll-out of adult-use legalization in Canada, published today in the Cannabis Intelligence Briefing titled Canada Leads the Way on Global Cannabis Legalization, is the first research of its kind. The report models each of the 10 Canadian provinces individually. At a countrywide-level, consumer spending is now […]

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