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.
2019 Was a Big Year for Legal Cannabis
Jan 31, 2020 11:13:24 AM / by BDSA posted in Industry Intelligence, Market Forecasts, U.S. Data, Cannabis Sales, Cannabis Retail, Knowledge Center
CBD: Cannabidiol Breaks Out of the Legal Dispensary Channel
Sep 12, 2019 11:26:54 AM / by BDSA posted in Industry Intelligence, Edibles, Dispensary, CBD, Market Trends, Concentrates, U.S. Data, BDSA-Insights, Consumer Insights, Cannabis Consumer Research, Cannabidiol, Cannabinoids
The latest Cannabis Intelligence Briefing from Arcview Market Research and BDS Analytics: CBD: Cannabidiol Escapes the Dispensary details CBD’s move from legal cannabis dispensaries to the general retail market. At present, the bulk (65%) of the $1.9 billion in annual spending on CBD products in the U.S. takes place through licensed dispensaries in legal cannabis states.