What is Driving the Surge in Per Capita Cannabis Spending?

Aug 4, 2020 4:05:32 PM / by BDSA posted in Cannabis, Edibles, CBD, Canadian Cannabis Market, Cannabis Data, Market Trends, BDSA-Insights, Cannabis Sales, Marijuana, Knowledge Center, 420, Colorado, Cannabis Consumer Research, Cannabis Consumer, Gummies, Cannabinoids, Data Based Decision Making, Demographic and Psychographic Cannabis Research, Business

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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.

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Understanding the CBD Consumer

Jul 30, 2020 8:20:08 AM / by BDSA posted in Cannabis, CBD, Canadian Cannabis Market, Cannabis Consumption, Cannabis Data, Market Trends, Brands, BDSA-Insights, Knowledge Center, 420, Cannabis Consumer Research, Cannabis Consumer, Cannabinoids, Data Based Decision Making, Demographic and Psychographic Cannabis Research, Business, CBC, CBG, THCV, CBN

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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 still officially off limits for sale in general retail channels in the U.S. and most other jurisdictions.

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Beyond THC: The Cannabinoid Renaissance

Jul 23, 2020 11:48:46 AM / by BDSA posted in Cannabis, CBD, Canadian Cannabis Market, Cannabis Consumption, Cannabis Data, Market Trends, Brands, BDSA-Insights, Knowledge Center, 420, Cannabis Consumer Research, Cannabis Consumer, Cannabinoids, Data Based Decision Making, Demographic and Psychographic Cannabis Research, Business, CBC, CBG, THCV, CBN

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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 THC and CBD are the most widely known and marketed compounds found in Cannabis sativa, a few of the other 113 currently identified cannabinoids show potential for therapeutic and recreational applications and have attracted the attention of both researchers and those in the industry.

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Growing Acceptance of Legal Cannabis and the Impact on Ingestibles

Jul 16, 2020 8:03:17 AM / by BDSA posted in Cannabis, Edibles, CBD, Canadian Cannabis Market, Market Trends, BDSA-Insights, Knowledge Center, Cannabis Consumer Research, Cannabis Consumer, Gummies, Cannabinoids, Demographic and Psychographic Cannabis Research, Cannabis Legalization, 2025

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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.

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BDS Analytics' Top 5 Insights: The Impact of Cannabis on the OTC and Prescription Drug Channels

Jul 2, 2019 2:43:18 PM / by BDSA posted in Industry Intelligence, Cannabis OTC, Cannabis Dispensaries, OTC, Market Trends, BDSA-Insights, Knowledge Center, Consumer Insights, Demographic and Psychographic Cannabis Research, Cannabis Dispensary, Business

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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. Here are BDS Analytics' Top 5 Insights into the impact of legal cannabis sales on the over-the-counter (OTC) and prescription drug channels:

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4/20 is Coming

Apr 20, 2019 11:14:19 AM / by BDSA posted in News, Market Trends, Holidays, Knowledge Center, 420, In the Media, Dispensaries, Research, Demographic and Psychographic Cannabis Research

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The holiday always stokes robust sales. But this year’s 4/20? It’s gonna be big.

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Pharmaceutical Versus Dispensary Cannabinoids Competition

Feb 26, 2019 6:00:46 AM / by BDSA posted in Cannabis, Knowledge Center, In the Media, Dispensaries, Legal Cannabis, Demographic and Psychographic Cannabis Research

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Epidiolex Approval Queues Up Pharmaceutical Versus Dispensary Cannabinoids Competition

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Welcome to the East Coast: Three Takeaways From the 2019 Seed to Sale Show

Feb 21, 2019 11:20:18 AM / by BDSA posted in Cannabis, Kate Senzamici, BDSA-Insights, Cannabis Industry, Legal Cannabis, NCIA Seed to Sale Show, Demographic and Psychographic Cannabis Research

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Welcome to the East Coast: Three Takeaways From the 2019 Seed to Sale Show

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Top 10 Trends in Cannabis for 2019 (Mid-Year Update)

Jan 30, 2019 2:25:31 PM / by BDSA posted in Edibles, Canadian Cannabis Market, Concentrates, Knowledge Center, Colorado, Demographic and Psychographic Cannabis Research

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--Updated August 2019--

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What Was Hot in Pot in 2018: Top 10 Cannabis Product Trends

Dec 21, 2018 10:22:26 AM / by BDSA posted in Edibles, Cannabis Infographics, BDSA Staff Highlights, Market Trends, Concentrates, Knowledge Center, Data Based Decision Making, Demographic and Psychographic Cannabis Research

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When Colorado kicked-off legal adult-use cannabis sales in the United States in 2014, unbranded flower fully dominated the marketplace, capturing more than 60 percent of all sales. Concentrates, edibles and topicals were far behind.

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