Legal Cannabis Wins Big in 2020 Election
Nov 6, 2020 12:22:19 PM / by BDSA posted in Market Forecasts, Legal Cannabis, Cannabis Legalization, 2020, 2020 Election, cannabis insights
Due-Diligence Is Key for Betting on Cannabis in Nevada
Nov 26, 2019 4:38:58 PM / by BDSA posted in Cannabis, Edibles, Cannabis Data, Market Trends, Concentrates, Cannabis Retail, Marijuana, Knowledge Center, Nevada, Consumer Insights, Demographics, Legal Cannabis, Data Based Decision Making
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.
Cannabis Retail Opportunities Abound
Oct 25, 2019 5:57:36 PM / by BDSA posted in Cannabis Specialty Stores, Cannabis, Cannabis Consumption, Cannabis Data, Market Trends, BDSA-Insights, Cannabis Sales, Cannabis Retail, Marijuana, Cannabis Retailers, Market, Cannabis Consumer Research, Cannabis Consumer, Legal Cannabis
Cannabis is perhaps the most exciting retail opportunity to hit U.S. markets in decades. The lucrative combination of rapid sales growth, an ever-expanding customer base and government-enforced protection against mass-retail has resulted in a unique market that is unlikely to be replicated anytime soon.
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
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.
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
Epidiolex Approval Queues Up Pharmaceutical Versus Dispensary Cannabinoids Competition
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
Welcome to the East Coast: Three Takeaways From the 2019 Seed to Sale Show