BDSA

Green Wednesday 2024 proved to be a massive success for the cannabis industry, with record-breaking sales and increased consumer interest. Major players in the industry, including BDSA, Dutchie, Jane Technologies, Curaleaf and AYR Wellness, reported significant growth compared to previous years. By...

Despite pouring millions into the push for adult-use cannabis legalization, Florida's cannabis market is showing signs of strain.  According to a recent report from Beacon Securities, financial backing for the legalization campaign has surged, yet dispensary sales have slipped during the third...

Cannabis market research firm BDSA published a report on the cannabis beverages market, detailing significant growth and trends in 2024. According to the late July report, the cannabis beverages category saw retail sales totaling $54 million across BDSA-tracked markets in Q2 2024, marking an 8...

A recent report from the U.S. Federal Trade Commission (FTC) has brought attention to the substantial influence of pharmacy benefit managers (PBMs) on drug pricing due to market consolidation. This situation raises important questions about the future of the cannabis industry, particularly in the...

Daily Market Insights To stay competitive in the cannabis market, retailers and investors require immediate access to the latest data to adapt pricing, and inventory strategies and analyze real-time company performance. Starting July 2, BDSA, a cannabis market intelligence provider will begin...

Despite California’s reputation and larger population, new data from cannabis analytics firm BDSA reveals Michigan has emerged as the top seller of legal cannabis in the U.S., surpassing the Golden State in unit sales. In March, Michigan sold 22 million cannabis products, while California...

Roy Bingham, CEO of BDSA, anticipates substantial growth in the U.S. cannabis market, projecting sales to reach nearly $46 billion by 2028. This growth would be primarily fueled by the expansion of adult-use markets and adoption of new licensed and regulated markets, both medical and...

With the potential legalization of adult-use marijuana under Amendment 3, Florida's cannabis market is set for a significant transformation. Florida's legal cannabis spending is projected to grow at a 12% CAGR from 2023 to 2028, with total sales expected to reach $4.5 billion by 2028,...

In an exclusive interview with Benzinga Cannabis, Brendan Mitchel-Chesebro, of BDSA, the leading market firm specializing in global cannabis markets, shared insights into the trends, preferences and strategic moves retailers can make to capitalize on the 4/20 cannabis...

Brendan Mitchel-Chesebro, a seasoned analyst at BDSA, a global firm in cannabis market research, explores 2024's cannabis consumption trends and how brands are tackling economic challenges through innovation, premiumization, and consumer-centric product development for continued growth and...

BDSA’s latest market forecast released on Wednesday heralds a new era of unprecedented growth in the global cannabis industry, predicting legal sales to ascend to $58 billion by 2028 from $36 billion in 2023. This anticipated growth, characterized by a robust compound annual growth rate of 10...

Valentine's Day presents a promising growth avenue in cannabis retail, particularly in niche product areas like edibles and topicals, highlighted by BDSA analyst Brendan Mitchel-Chesebro in an exclusive with Benzinga Cannabis. This period marks a unique market opportunity, underscoring the day...

BDSA's analyst Brendan Michel-Chesebro sheds light on the potential of cannabis products on the U.S. cannabis market, highlighting the significant opportunities and risks for 2024. Opportunities and Risks in Hemp Products Hemp-derived products, unlike their cannabis counterparts, are not bogged...

The U.S. legal cannabis market has witnessed significant shifts in 2023. Factors like potency, taste and premium packaging are now driving consumer choices, with a particular preference for the nuanced flavors of solventless products like live rosin, explains BDSA analyst Brendan Mitchel-...

In an exclusive interview with Benzinga, BDSA analyst Brendan Mitchel-Chesebro provided a detailed analysis of Ohio's emerging recreational cannabis market. Ohio Cannabis: Trends, Challenges And Cross-Border Dynamics Mitchel-Chesebro delved into the market's dynamics, including...