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Articles by BDS Analytics
2019 Was A Big Year For Legal Cannabis
By Michael Arrington, Senior Analyst/Director of Editorial, BDS Analytics 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.
Cannabis Retail Opportunities Abound
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. For more than a decade, State governments have dictated cannabis legalization, production, sale and use.
Global Cannabis Market To Hit $47 Billion By 2025
BOULDER, Colo., April 28, 2020 /PRNewswire/ -- BDSA, the leading provider of cannabis industry market research, together with its partner Arcview Market Research, today announced that 2019 legal cannabis sales grew by 46% to $14.7 billion, a significant increase from the 16% growth of 2018 and the industry's highest annual rate of growth to-date.
Massachusetts Cannabis Sales on Track for Record Q1 2020
BOULDER, Colo., April 7, 2020 /PRNewswire/ -- BDS Analytics, the leading provider of cannabis industry market research, today announced Massachusetts retail cannabis sales exceeded $587 million in 2019 and are trending sharply up, with January and February sales over $130 million. This year's sales are projected to exceed $745 million, an increase of 27%, based on top-line sales projections modeled from point-of-sale transaction records.
2019 Was A Big Year For Legal Cannabis
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.
Cannabis Retail Opportunities Abound
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. For more than a decade, State governments have dictated cannabis legalization, production, sale and use.
CBD, pain management insights to guide CBD strategies
As more consumers adopt a proactive self-care approach to health and wellness, products with hemp-derived CBD and other cannibinoids are a welcome supplement, or alternative, to traditional solutions. CBD and other cannabinoid products that span categories, forms, retail channels and regulatory landscapes create a unique situation for CPG retailers and suppliers aiming to make the most of this new growth opportunity.
Cannabis Retail Opportunities Abound
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. For more than a decade, State governments have dictated cannabis legalization, production, sale and use.
NEW REPORT: Analysts Predict Boom in Cannabis Retail as Operators Seek National, Multi-State Expansion
OAKLAND, Calif., Oct. 29, 2019 /PRNewswire/ -- The increasing legalization of cannabis retail products is entering a new phase of development, shifting from establishing sustainable single-state business models and market share, to national, multi-state expansion according to From Dispensaries to Superstores: Opportunities in Cannabis Retail, a new report from Arcview Market Research and BDS Analytics.
The Week Ahead In Cannabis: KushCo Earnings, House Panel's Historic Hearing And More
After an eventful week marked by the termination of Canopy Growth Corp (NYSE: CGC)'s Bruce Linton, the upcoming week appears to be a pretty busy one for the cannabis industry. Here are some key events cannabis investors should keep on the radar over the next five days.
Beyond Meat Expands Partnership With Del Taco, But Won't Be Coming To Taco Bell (NASDAQ:TACO)(NASDAQ:BYND)(NYSE:YUM)
The plant-based meat alternative craze is making its way to one taco chain. Expanding At Del Taco Del Taco Restaurants Inc (NASDAQ: TACO) announced Thursday an expanded partnership with Beyond Meat Inc (NASDAQ: BYND) to offer a 100% plant-based protein option. The country's second largest Mexican-themed fast-food chain will offer two new signature protein-packed burritos: the Beyond 8 Layer Burrito and the Epic Beyond Cali Burrito.
BDS Analytics, Arcview Project $40B In Global Cannabis Spending By 2024
Arcview Market Research and BDS Analytics have published the seventh edition of their "State of Legal Cannabis Markets" report. In regulated markets, U.S. cannabis sales surged by 20% in 2018 and are on track to jump by another 36% this year, the report said. $40B In Sales By 2024 The growth of the global cannabis market comes on the back of liberalization in existing markets and new countries introducing laws legalizing medical use.
5 Recipes for Sweet Success in the Cannabis Candy Market
Cannabis-infused candy is a booming category. It's also ultra-competitive. Opinions expressed by Green Entrepreneur contributors are their own. The cannabis-infused candy marketplace is one of the most competitive in the cannabis industry. While, flower, the industry’s leading product, demands relatively little in terms of product development, ingredient sourcing, testing, branding, and packaging, edibles require extensive savvy with all of the above and more.
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