Gummies Are as Popular as Ever

Jul 22, 2019 4:49:19 PM / by BDSA posted in Cannabis Candy, Cannabis, Edibles, CBD, Chocolate Bars, Canadian Cannabis Market, Cannabis Consumption, Market Trends, Cannabis Sales, Marijuana, Knowledge Center, Cannabis Gummies, Colorado, Cannabis Ingestible, Gummies, Cannabinoids

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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.

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Will Global Legal Cannabis Spending Exceed $40 Billion by 2024?

Jun 20, 2019 1:01:50 AM / by BDSA posted in Cannabis, CBD, Financial Market Analysis, BDSA-Insights, Knowledge Center, Legal Cannabis, Data Based Decision Making

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Consumer spending on legal cannabis worldwide reached $10.9 billion in 2018. This number is especially significant considering the variables at play: the California market transition from lightly regulated medical-only to fully regulated adult-use; the maturation of first-in, adult-use markets in Colorado and Washington; and the lackluster rollout of legal adult-use cannabis in Canada. As legalization continues to spread, the global market is expected to grow at a compound annual growth rate (CAGR) of 24% between the end of 2018 and 2024, reaching $40.6 billion. So yes, the worldwide cannabis market will hit a staggering $40+ billion within 5 years.

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The $20 Billion CBD Race

May 30, 2019 10:41:24 AM / by BDSA posted in Cannabis, CBD, Knowledge Center, Market Insights

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Whether or not you keep up with the cannabis industry, you’ve likely heard the term “CBD” recently. Seemingly overnight, CBD is appearing everywhere from beauty product lines to burger joints. As it turns out, there’s legitimate reasoning behind “today’s” latest hype.

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It Might Not Get You Buzzed (On Its Own), But Consumers Are High on CBD

Feb 7, 2018 11:15:59 AM / by BDSA posted in Edibles, Candy, CBD, Market Trends, Concentrates, Chocolate, Knowledge Center, Gummies, Data Based Decision Making

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