What Impact do Extracts have in the Current Cannabis Industry?
Extracts play a different role in the cannabis market compared to just a few years ago. While the category is dwarfed by other categories like flower and vape, savvy brands can still use extracts to build consumer loyalty and grow their sales.
Solving Consumer Needs with Product Innovation & Minor Cannabinoids
Minor Cannabinoids are a blessing to brands, manufactures, and retailers. It is a lever that each can use to communicate, engage, and market to consumers. Minor cannabinoids have become a tool to market mood & effect messaging directly to consumers, in a manner that they easily understand.
Realizing the Opportunity of the Cannabis Beverages Market
Even with all the opportunity in the Beverage space, building a winning cannabis Beverage venture is not a simple task.
Cannabis Beverages Hold Significant Opportunity Across Saturated Mature Markets & Open Emerging Markets
Maryland begins legal adult-use sales on July 1, 2023. Despite declines in the medical channel, adult-use is expected to help the Maryland market return to growth for years to come, with adult-use sales contributing nearly a third of the forecasted 2023 state legal sales of $642 million.
The Top 10 Cannabis Beverage Brands
Which cannabis beverage brands are dominating national sales? BDSA ranks the top 10 THC beverage brands by total retail sales from the last 12 months — covering brand house ownership, state footprint, growth trends, and what’s driving the fastest-rising brands in the category.
In-Depth Look at Cannabis Beverages
Cannabis beverages are a hot topic, drawing considerable attention from both existing legal cannabis players and participants in the broader consumer packaged goods markets. Total spending on legal cannabis in the United States is set to more than double to $34.5 billion by 2025—and the edibles product category, including beverages, is outpacing that rise considerably. In Canada, where edibles just made […]
BDSA Webinar Recap – EAT: Insights into the Edibles Market
Cannabis edibles are a key driver of legal cannabis sales, accounting for 15% of total spending at present. That share is forecast to increase over time: By 2025, sales of edibles are expected to grow to 2.4 times 2020 sales volume versus 2.1 times growth in the total legal cannabis market—where sales are forecast to […]
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.
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.
Due-Diligence Is Key for Betting on Cannabis in Nevada
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.