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Ho-Ho-Holy Smokes! Record Weed Sales Drive Dispensaries To Stock Smart This Holiday Season
Thursday, December 5, 2024 - 5:06pm | 700Green 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...
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Budget-Friendly High-THC Beverages: The Untapped Niche Investors Can't Afford To Miss
Thursday, August 15, 2024 - 1:03pm | 788While most cannabis beverages currently on the market offer lower THC content, typically in 5mg or 10mg doses, the demand for more potent options could carve out a lucrative segment. Brendan Mitchel-Chesebro, senior analyst at BDSA, noted that while beverages generally have a lower retail price...
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Up-To-The-Minute Market Data Drives Profits For Cannabis Retailers & Investors: Here's How To Get Instant Updates
Thursday, June 20, 2024 - 9:10am | 491Daily 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...
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Landing In Florida's Cannabis Market: Legal Adult-Use Marijuana Could Yield $874M In 2025
Friday, April 26, 2024 - 5:54pm | 549With 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,...
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Analyst Inside Look: Trends And Opportunities In Ohio's Emerging Recreational Cannabis Sector
Tuesday, November 28, 2023 - 7:53pm | 894In 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...
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Sweet Treats Take Over: Gummie Consumption Outpaces Flower In Latest Consumer Data, Here's Why
Thursday, July 27, 2023 - 9:21am | 1022Gummies have overtaken the flower market based on consumer data from the latest BDSA cannabis market report. To learn more, Benzinga spoke with Brendan Mitchel-Chesebro, a cannabis market analyst, about how branding opportunities and targeted marketing strategies employed by edible companies...
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BDSA CEO Dissects Cannabis Market: Strong Growth Expected As More States Go Legal
Wednesday, June 7, 2023 - 12:39pm | 746According to Roy Bingham, co-founder and CEO of BDSA, a leading market research firm focused on legal cannabis markets, the US cannabis industry is experiencing strong growth. Bingham says that consumer purchases of cannabis in legal U.S. markets are projected to reach almost $30 billion this...
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Cannabis Sales Update: October Was Weak Overall, But Not In Florida
Friday, December 9, 2022 - 5:08pm | 852Cannabis sales decreased by 0.5% in October compared to September while, "at a per-day basis, sales decreased 3.7% month-over-month," according to New Cannabis Venture's Alan Brochstein, citing BDSA data. “In total, sales across the 11 markets totaled $1.64 billion during the...
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11 States Sold $1.68B Cannabis In April: Compared To Year Ago Sales Declined In 7 States, Here's Why
Monday, June 6, 2022 - 11:45am | 391Cannabis sales across 11 states brought in $1.68 billion in April, according to BDSA data, as reported by New Cannabis Ventures. When compared a year ago, sales declined in 7 states mostly because of a drop in concentrates sales, although in general, states' sales improved...