Cannabis Ingestibles cover a lot of ground, including everything from pills to slices of pie to bottles of THC-infused cold-brewed coffee. But one style of ingestible dominates the market: the gummy.
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 forecast to grow from $569 million in 2018 to $5.2 billion in 2024.
--Updated August 2019--
With companies creating everything from sleep-enhancing pills to brownies, butters, carbonated lemon-lime drinks and bags of caramel corn, the edibles marketplace is the most dynamic marketplace within cannabis. It’s not the biggest — that’s flower — nor the fastest-growing – that’s concentrates, but no other large cannabis category competes with edibles’ range of product diversity. It’s a cannabis cornucopia.
Summer 2018 will bring more than warmer temperatures — the season will also turn up the heat on the cannabis market. As Colorado and Washington enter their fifth summer of legal recreational cannabis sales, and California prepares for its first, it is time to examine What’s Hot in Pot(TM).
At first, the laughs over my gummies reference startled — why are these real estate pros guffawing at the mention of candy?
January 1, 2018 marks an historic occasion for the cannabis industry: the start of legal adult-use sales in California. Since a substantial number of BDS Analytics employees live in California, we decided to get out on the streets and talk to consumers and industry players about it, and report it in near real time here.
Nearly half of cannabis consumers get high on their lonesome, according to a new study shared exclusively with The Daily Beast.
Written for the Daily Beast:
By Ricardo Baca | April 20, 2017