Five Non-Gummie Edible Brands to Watch in 2021
While gummie-focused brands are expected to maintain their commanding position in the edible space, the team at BDSA wanted to take this opportunity to highlight five exciting non-gummie brands to keep an eye on in 2021.
BDSA Launches Retail Sales Tracking in Canada
With launch of Retail Sales Tracking, BDSA Provides Comprehensive Suite of Market and Consumer Insights on the Canadian Cannabis Market BDSA has launched retail sales tracking data for Canada, providing brands and retailers with greater insight into the world’s largest nationally legal cannabis market. BDSA forecasts Canada’s cannabis industry will reach CAD$3.3 billion ($2.5 billion) […]
The ‘It’s Complicated’ Relationship between Cannabis and Alcohol
43% of alcohol consumers also consume cannabis An interesting interaction is evolving between beverage alcohol and cannabinoid products that is becoming an increasingly important issue for both alcohol and cannabis brands and retailers to watch as worldwide cannabis consumption grows. Growing acceptance and consumption of cannabis, consumption of both alcohol and cannabis and cannabis product […]
Gummies on the Rise: The Rapid Growth of the Most Popular Ingestible Cannabis Product
Infused gummies make up 84% of candy ingestible sales in 2020 While sales of ingestible cannabis have grown steadily in legal markets, candies have seen particularly strong sales, with infused gummies making up 84% of candy ingestible sales so far in 2020 across Arizona, California, Colorado, Nevada and Oregon. Overall gummy sales in these 5 […]
Cannabis Legalization Prominent in 2020 Election
Six Cannabis Legalization Measures Make the November Ballot Pre-COVID-19, it appeared as though citizens in as many as 12 states would have the opportunity to vote on medical or adult-use cannabis on Nov. 3, 2020. Had that come to pass, the 2020 election could have eclipsed the monumental events of Nov. 8, 2016, when eight […]
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.
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 […]
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 […]
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 […]
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 […]