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Home » Topics » Cannabis Business » Cannabis Market Research

Cannabis Market Research
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Category insights, market data and statistics for the legal recreational and/or medical cannabis edibles and beverages industry.

ARTICLES

Marijuana Leaves and Gold Coins

BDSA: U.S. cannabis market to reach $45B by 2027

Market research firm offers forecasts for state markets.
Alyse Thompson
Alyse Thompson-Richards
June 7, 2023
No Comments

The total global legal cannabis industry is predicted to reach $36.7 billion in 2023, with 80% of sales from U.S. markets.


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webinar slide

Candy drives growth in edibles category

BDSA’s Rick Maturo talks category performance during webinar.
Alyse Thompson
Alyse Thompson-Richards
May 18, 2023
No Comments

In his webinar “Edible Evolution in Cannabis: In Review and What’s to Come,” BDSA’s Rick Maturo breaks down the performance of cannabis food and beverage categories.


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webinar slide

Edibles market set to reach $6.6B in 2027

BDSA’s Rick Maturo talks growth during webinar.
Alyse Thompson
Alyse Thompson-Richards
May 18, 2023
No Comments

In his webinar “Edible Evolution in Cannabis: In Review and What’s to Come,” BDSA’s Rick Maturo talks growth in the cannabis-infused food and beverage category.


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webinar slide

Leading gummy manufacturers turn to specific product attributes

BDSA’s Rick Maturo talks gummy product introductions during webinar.
Alyse Thompson
Alyse Thompson-Richards
May 18, 2023
No Comments

In his webinar, “Edible Evolution in Cannabis: In Review and What’s to Come,” BDSA’s Rick Maturo covers trending product attributes.



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Marijuana chart

2023 State of the Cannabis Food and Beverage Industry: Growth through expansion

Cannabis edibles sales are up 4%, thanks to new U.S. markets becoming operational.
Alyse Thompson
Alyse Thompson-Richards
March 28, 2023
No Comments

Market research firm BDSA reported edibles brought in nearly $2.75 billion, up about $105 million from 2021.


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Dollar Bills and Upwards Arrow

BDSA: Global legal cannabis spending to reach nearly $60B in 2027

U.S. legal cannabis spending projected to hit $44.5B in 2027.
Alyse Thompson
Alyse Thompson-Richards
February 22, 2023
No Comments

Several newer markets saw strong expansion in 2022, and growth in new and emerging markets is expected to ramp up in the coming years.


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BDSA-logo.jpg

BDSA debuts Menu Analytics

Service offers menu-listed pricing, brand availability at store-specific level.
Alyse Thompson
Alyse Thompson-Richards
February 2, 2023
No Comments

Using Menu Analytics, cannabis retailers and investors can gain insight into the menu-listed pricing and availability of brands and products at a local and store-specific level.


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BDSA-logo.jpg

BDSA introduces New York retail sales tracking

Firm reports 45% of surveyed consumers are past six-month consumers.
Alyse Thompson
Alyse Thompson-Richards
January 4, 2023
No Comments

BDSA said the New York market is expected to benefit from cross-border buying as adult-use consumers from southern Connecticut and northern Pennsylvania look for more convenient buying opportunities.


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BDSA-logo.jpg

BDSA: Maryland Cannabis Sales to Reach $1.2B in 2026

State is experiencing price compression like other cannabis markets.
Alyse Thompson
Alyse Thompson-Richards
December 21, 2022
No Comments

Maryland voted in November to legalize possession of up to 1.5 oz. of cannabis for recreational use, as well as owning and maintaining up to two plants out of public view.


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BDSA-logo.jpg

BDSA: Retail Cannabis Prices Drop from 2021

Market research firm to present webinar on price compression Dec. 13.
Alyse Thompson
Alyse Thompson-Richards
December 12, 2022
No Comments

Cannabis Products recently spoke to Brendan Mitchel-Chesebro, analyst, BDSA, about recent market conditions and expectations for 2023.


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July 16, 2023

IFT 2023

IFT FIRST means Food Improved by Research, Science and Technology and it's the only place you can get what you need to advance your knowledge, network, business, and push the future of food forward. Plan to join us in July.

July 27, 2023

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After successful events at San Francisco and Chicago this year, we’re all set for Cannabis Drinks Expo 2023!

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