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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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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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3 In 10 Marijuana Shoppers Stick To Favorite Strains & Why Some Never Change Their Weed Retail Choices
Wednesday, March 13, 2024 - 3:27pm | 750Brendan 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...
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Unpacking The $58B Cannabis Market Boom, BDSA Forecasts For 2028
Wednesday, March 6, 2024 - 5:32pm | 976BDSA’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...
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What's Hot This Valentine's Day? Weed Retail Trends, Sales Insights And Love-Driven Business Opportunities
Tuesday, February 13, 2024 - 11:10pm | 1061Valentine'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...
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EXCLUSIVE: Decoding Michigan's Cannabis Boom - Record Sales Of $3B And $457M In Taxes In 2023
Wednesday, January 31, 2024 - 4:32pm | 855In an unprecedented surge, Michigan's cannabis industry hit a new milestone in 2023, with licensed dispensaries recording a staggering $3.06 billion in sales. This 25% increase from the previous year has not only boosted the local economy but also created substantial tax revenue for state and...
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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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Ready-To-Bake: Optimize Cannabis Retail Sales For Thanksgiving With BDSA's Basket Analytics
Friday, November 17, 2023 - 3:32pm | 905The Thanksgiving cannabis market exhibits a nuanced shift towards infused culinary products, presenting retailers with an opportunity to tailor their offerings and enhance consumer experience during the holiday season. Brendan Mitchel-Chesebro, analyst at market research firm BDSA, sheds light on...
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Scooby Snacks And Cannabis Facts: Analyst Unveils Halloween Sales, Pricing And Trend Insights
Tuesday, October 31, 2023 - 8:22am | 863In an exclusive interview with Benzinga, Brendan Chesebro-Mitchel, an analyst from the business intelligence firm BDSA, delved into this year's Halloween cannabis sales. What unique trends in Halloween cannabis sales could set this holiday apart from others? And how do different states...
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Small But Mighty: BDSA's Price and Preference Insights on the US Cannabis Beverage Market
Wednesday, October 25, 2023 - 7:23pm | 1271In an exclusive interview with Benzinga, Brendan Mitchel-Chesebro, an analyst at BDSA, a market intelligence firm specializing in the global legal cannabis industry, provided valuable insights into the evolving trends and dynamics of the thriving cannabis beverage market. Mitchel-Chesebro...
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Michigan's 'Unrestricted But Limited' Cannabis Market Surges, Say Experts
Tuesday, October 17, 2023 - 9:01am | 748In an exclusive interview with Benzinga, BDSA's analysts Michael Arrington and Brendan Mitchel-Chesebro talked about the exceptional growth of Michigan's "unrestricted but limited" cannabis market. They looked closely at the market's distinctiveness,...
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Cannabis Investments: Analysts Share Vital Tools Investors Can't Afford To Overlook
Monday, October 16, 2023 - 2:21pm | 902Key Factors For Investors In The Cannabis Industry Investors eyeing the cannabis industry should consider several critical factors to identify promising opportunities. In an exclusive interview with Benzinga, BDSA's principal analysts Michael Arrington and Brendan Mitchel-...
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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...