Tag: drinks and beverages
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U.S. Survey Finds Cannabis Drinks Increasingly Replacing Alcohol
Drug Rehab USA recently surveyed “1,000 employed adults about what they reach for after work, how quickly they do it, and why.” The survey asked working consumers about their use of many substances, including alcohol, nicotine, and cannabis. Cannabis drinks seemed to be featured prominently in the survey’s results. “24% of Americans have at least…
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Study: Prices For Legal And Illegal Canadian Cannabis Have Narrowed
A team of international investigators recently conducted a study examining cannabis prices for regulated and unregulated cannabis products in Canada. Lawmakers in Canada adopted national adult-use legalization in 2018, including the legalization of sales of recreational cannabis products. The study’s findings were published in the journal Drug and Alcohol Review. “The price of cannabis has important…
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Hemp Seltzers Market Value Estimated To Reach $1 Billion By 2033
Hemp-derived drinks and beverages have grown in popularity and availability in many markets in recent years, especially in the United States market. Federal lawmakers approved the 2018 Farm Bill, which legalized hemp production nationwide, and one of the most popular hemp-derived products that resulted was hemp seltzers. The hemp seltzer market is booming, as evidenced…
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Estimated 2024 Global Cannabis Drinks Market Value Was $1.3 Billion
Cannabis can be consumed in many forms, with cannabis infused drinks and beverages being a particularly popular consumption method among consumers and patients in recent years. According to a recent report published by market analysts affiliated with Research and Markets, the sector is expected to experience significant growth in the coming years. “The global market…
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Global Cannabis Food And Beverage Market Projected To Reach $2.63 Billion By 2026
The legal worldwide cannabis food and beverage market is projected to reach an estimated $2.63 billion by 2026 according to a new report by Allied Market Research. The projected increase in market value is attributed to cannabis policy modernization efforts around the globe and increased consumer demand. “According to a new report published by Allied…
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How Popular Are Cannabis Drinks And Beverages In The United States?
Products in the cannabis drinks sector can come in various forms, including infused tonics and sodas. Some companies are incorporating resealable tops to their cannabis-infused sodas, which is very helpful when trying to stick to a precise dosage. An example can be found in the video below: According to cannabis data company BDSA, and as…
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U.S. Hemp-Derived THC Beverage Market Projected To Reach $4.1 Billion By 2028
The United States hemp-derived THC beverage market is projected to reach $4.1 billion by 2028 according to a recent market analysis by Euromonitor International. The researchers at Euromonitor International estimated that the market was worth $239 million in 2023. The hemp-derived THC beverage sector has greatly benefitted from the national 2018 Farm Bill that legalized hemp…
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Global Cannabis-Infused Drinks Market Projected To Reach $8.7 Billion By 2032
The global cannabis-infused drinks market was estimated to be worth $400 million in 2022 and is projected to reach $8.7 billion in value by 2032 according to a market analysis by Fact.MR. The market analysis entity is located in Ireland. “This astounding market growth is because worldwide demand for cannabis infused drinks is estimated to…
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Global Cannabis Market Projected To Reach $496 Billion By 2025
The global cannabis industry is far from being a new thing, although a vast majority of the world’s cannabis market remains unregulated. According to an analysis by New Frontier Data, cannabis consumers around the globe “spent an estimated $415 billion on high-THC cannabis in 2020” and that figure is expected to increase to $496 billion…
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Global Hemp Milk Market Projected To Reach $812 Million By 2032
Global demand for milk is enormous. According to Market Data Forecast, “the global milk market is expected to be worth USD 1,047.80 billion in 2024. It is expected to grow at CAGR of 8.2% during the forecast period and reach a value of USD 1,553.87 billion by 2029.” Dairy milk continues to dominate the global…