Posts Tagged ‘Industry Intelligence’
2019 Was a Big Year for Legal Cannabis
Worldwide sales of legal cannabis re-accelerated in 2019, growing nearly 46% to almost $15 billion. The increase represents the largest yearly sales gain since Colorado launched adult-use sales in January, 2014. The growth is further magnified when compared to 2018, which only saw 17% growth. An in-depth analysis of global markets, as well as…
Read MoreBDS Analytics’ Top 5 Insights: The Impact of Cannabis on the OTC and Prescription Drug Channels
As more U.S. states move towards legalization, cannabis consumers are taking advantage of the unique opportunity to address medical needs through the available products at their local dispensaries. Though medical cannabis is generally not covered by most U.S. insurance plans, trends indicate increased use of cannabis as an alternative to more traditional forms of medication.…
Read More