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Global Cannabis Market Set To Reach $59.6B In 2027, Says BDSA's CEO
Wednesday, February 22, 2023 - 10:00am | 668BDSA, a leading provider of market intelligence for the cannabis industry, released an updated five-year global legal cannabis market forecast on Wednesday. According to BDSA, global legal cannabis spending grew by 4.8% to $32 billion in 2022. Based in Colorado, the company ...
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Design Your Menu, Set Prices With BDSA's New Analytics Solution For Cannabis Retailers
Friday, February 10, 2023 - 12:49pm | 347Retail data provider BDSA recently confirmed the availability of its Menu Analytics solution for cannabis industry leaders. The tool is expected to help companies make data-driven pricing, sales, marketing and merchandising decisions. Menu Analytics provides cannabis retailers, brands, and...
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EXCLUSIVE: BDSA Forecasts Price Compression, Inflation Effects On Retail Cannabis In 2023
Wednesday, January 18, 2023 - 2:01pm | 1518Liz Stahura, COO and co-founder of cannabinoid data provider BDSA, recently spoke with Benzinga about the effects of price compression on retail sales and other vital issues regarding the future of the cannabis industry. Among the topics discussed: How does inflation impact consumer behavior...
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Exclusive: What NY's Cannabis Market Will Look Like — A CEO's Perspective On Navigating East Coast Mine Field
Wednesday, January 11, 2023 - 1:14pm | 1755The recently created New York legal cannabis market is one of the most exciting cannabis opportunities in 2023. In January, BDSA — a global leader in providing actionable cannabis market intelligence — announced the launch of Retail Sales Tracking for the New York cannabis market....
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BDSA Launches Retail Sales Tracking In The State That Is Poised To Be The Largest New Legal Cannabis Market In 2023
Wednesday, January 4, 2023 - 10:40am | 543BDSA, provider of retail sales data for the cannabis industry, announced the launch of its Retail Sales Tracking coverage of the New York cannabis market. BDSA predicts New York will be the largest new market for legal cannabis in 2023. Consumer Insights data reveal strong growth within the state,...
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It's Not Just Banking And Regulatory Hurdles: Sinking Weed Prices Are Existential Problem For Cannabis Industry
Tuesday, December 20, 2022 - 12:10pm | 639Cannabis' Schedule 1 status and lack of access to banking services are two of the most significant problems facing the industry, but there’s another problem that seems to be getting bigger every year – declining weed prices. Marijuana banking reform now has slim...
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EXCLUSIVE: CEO Of Leading Cannabis Research Firm Shares Insights On Midterms, Thanksgiving Sales And Branding
Monday, November 21, 2022 - 4:10pm | 1567With five statewide and a host of local legalization propositions on the ballot, cannabis reform had mixed results in the midterm elections. What then were the highs, lows or results of the election overall? For Roy Bingham, CEO and co-founder of BDSA, a balance of the...
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Marijuana Sales Decline Sequentially In Most Markets In August
Friday, October 7, 2022 - 2:26pm | 664According to cannabis data analytics firm BDSA, marijuana sales decreased by 0.8% in August compared to July. "In this review, we will look at the markets one by one, beginning with the eastern markets and then concluding with the western markets," noted a New Cannabis Ventures'...
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Colorado: Medical Marijuana Sales Drop To Lowest Point Since Legalization
Wednesday, September 14, 2022 - 7:19pm | 1031According to representatives of the cannabis industry, Colorado’s medical marijuana sales sit at their grimmest point, leaving the state’s cannabis industry “on the brink," reported The Modesto Bee. What Does The Colorado Department Of Revenue Say? In July, the state...
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Cannabis Market May Reach $57B By 2026: New Jersey And New York Lead Growth
Tuesday, September 13, 2022 - 9:05am | 882BDSA, a leading cannabis data firm, recently announced an update of its cannabis market forecast, a five-year rolling global forecast by country, state, province, channel and category. The report projects annual global cannabis sales to grow from $30 billion in 2021 to $57 billion in 2026...
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Cannabis Sales On The Rise In 11 US Markets: 4.6% To $1.69 Billion In One Month
Tuesday, September 6, 2022 - 6:29pm | 481According to the leading cannabis data firm BDSA, marijuana sales increased 4.6% sequentially in July. On a per-day basis, sales increased 1.2% from June. Sales across the 11 markets totaled $1.69 billion during the month. Eastern Markets In July, year-over-year (YoY) growth in eastern...
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Is Cannabis A Threat To Alcohol Sales? It's Complicated But Here's What The Experts Say
Sunday, August 14, 2022 - 9:18pm | 587With the U.S. legal cannabis industry on track to pull in upwards of $46 billion by 2026, many in the alcohol and beverage space are eyeing the cannabis industry as a unique opportunity to expand and reach new consumers although there are just as many who are ill at ease over the impact this could...
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EXCLUSIVE: BDSA CEO On 4th Of July Cannabis Predictions And Top Summer Marijuana Trends
Friday, July 1, 2022 - 2:48pm | 684With summer in full swing and the 4th of July around the corner, activities around the country have taken on an even more festive glow as public venues are finally reopened after the long gloomy closures of the pandemic. BDSA, the leading market research...
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What, If Any, Celebrity Cannabis Brands Have Been The Most Successful So Far?
Friday, July 1, 2022 - 11:07am | 1040In select studies, celebrity endorsements have produced an average 4% sales increase. At this time, it appears that isn't the case in the US cannabis market. To date, most celebrity cannabis brands, whether endorsed or owned, leave some questioning their market impact. The unease appears...
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Which National Cannabis Brand Is The Real #1? New Report Reveals Surprising Data
Friday, June 24, 2022 - 4:38pm | 335Many companies in the cannabis space claim the #1 spot. But there can only be one real leader. Now, a new report from BDSA Insights reveals which one it is. And the answer might surprise you. The Real Leader In Cannabis "Based on POS data from BDSA, Stiiizy is the #1 brand nationally, despite...