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#bdsa 2022
robertnelson2-blog · 1 year
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Cannabis Edibles Market
Cannabis edibles market can include a wide range of product types, such as cannabis-infused beverages, gummy bears, brownies, cotton candy or mints. Most of the states that have legalized cannabis for recreational purposes restrict the amount of THC to five or 10 milligrams per serving. Some states allow for higher amounts of THC for medical users. Cannabis Investor Pitch Deck
According to Arcview Research, after recreational cannabis legalization, the edibles market went from $17 million to $53 million in the first 2.5 years in Colorado and soared 121% within first year in Washington state. In 2014 when adult-use just launched in Colorado, over 70% of sales came from dried flower; in 2016, that was down to 55%. In contrast, concentrate sales were $20 million in 2014, or 13% of sales. By the end of 2016 they had jumped to $85 million and 25% of sales. Edibles (including candy, beverages, tinctures, and all food) more than tripled during the same period, moving from 11% to 14% of sales. The contribution of sales from flower dropped to less than 50% in 2017 and to 44% in 2021 and increased from concentrates to 28% and 31% correspondingly in Colorado’s cannabis industry.
In Colorado and Oregon, chocolate bars led ingestible products sales at first (in 2014 and 2016 respectively), but then surpassed by gummies. In California, however, gummies started leading from the beginning when the state permitted adult-use sales in 2017. Cannabis microbusiness
Edibles sales grew roughly 23% year-over-year from 2019 to 2022 and represented about 12% of sales in the U.S. legal cannabis market, according to a report from BDSA. According to a report by New Frontier Data, consumer spending on cannabis edibles in the United States reached more than $3 billion last year.
Candies sales represented 67% of all ingestible products sales with gummy sales share of about 57%. Tinctures dominated ingestible products sales in a candy-free market, with about 30% of sales including 18% for two main kinds of tinctures – droppers and oral sprays.
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nycannabistimes · 2 years
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Article & 📸 @cannabisworldjournals ・・・ BDSA, a leader in market intelligence for the cannabis industry, announced Wednesday a five-year update of the global legal cannabis market. According to BDSA, global spending on legal cannabis will grow by 4.8% to USD 32 billion by 2022. (The Planteo, 2023) Highlights of the report include: -Some new markets achieved strong expansion in 2022. New Jersey and Montana, which launched adult-use sales in 2022, experienced growth of approximately 140%, while Missouri grew 84% in its second full year of exclusively medicinal sales. -By 2027, adult-use sales are expected to account for 78% of total global spending on legal cannabis, up from 64% in 2022. -Spending on legal cannabis in the US is expected to grow at a compound annual growth rate (CAGR) of 11.3%, from USD 26.1 billion in 2022 to USD 44.5 billion in 2027, driven primarily by markets in New York, Florida, New Jersey and California. (The Planteo, 2023) For more relevant information, link in their bio! (at Seattle Seahawks) https://www.instagram.com/p/CpLcVmwOtu7/?igshid=NGJjMDIxMWI=
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CEO Roy Bingham Built BDSA on a Bedrock of Data
CEO Roy Bingham Built BDSA on a Bedrock of Data
In its most recent forecast for the U.S. cannabis industry, BDSA projects that despite falling sales in some of the more mature markets, cannabis sales nationally will continue to increase, growing to $42 billion in 2026. “Despite an inflationary environment and concerns about recession that dampened consumer spending, legal cannabis sales in the U.S. will reach $27 billion by the end of 2022, a…
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teafiend · 2 years
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cbdx6hemphealth · 2 years
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BDSA Report Projects $57 Billion in Global Cannabis Sales by 2026 https://t.co/OHnnCr2fks
BDSA Report Projects $57 Billion in Global Cannabis Sales by 2026 https://t.co/OHnnCr2fks
— CBDX6 Hemp Health (@Cbdx6H) Sep 14, 2022
from Twitter https://twitter.com/Cbdx6H
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Gemini Keto Gummies - (Fake or Real) Don’t Buy Until You Read Benefits and Side Effects?
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drugsinceu · 3 years
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Amerikaanse cannabisverzekeraars maken zich klaar voor federale legalisatie
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NEW YORK - Verzekeraars bereiden zich voor op een grote toename van de cannabisindustrie nu de legalisering van wiet op federaal niveau steeds dichterbij komt.36 Amerikaanse staten hebben cannabis gelegaliseerd voor medisch of recreatief gebruik. Verzekeringen voor telers, testlaboratoria en detailhandelaren worden grotendeels in toom gehouden door strikte federale wetten die naast heroïne, methamfetamine en LSD ook cannabis strafbaar stellen. Verzekeringen voor cannabisindustrie De verkoop van legale cannabis in de VS steeg vorig jaar met 45% en zal naar verwachting in 2026 $ 41 miljard bereiken, zei het in Colorado gevestigde onderzoeksbureau BDSA. Maar de industrie schreef vorig jaar slechts ongeveer $ 250 miljoen aan polissen, schatten verzekeringsagenten voor Reuters, met een handvol vervoerders die beperkte eigendoms- en aansprakelijkheidsdekking bieden.Bedrijven hebben ook dekking nodig voor hun planten en diefstal en groteren uitbetalingslimieten volgens verzekeraars, makelaars, agenten, advocaten en eigenaren van cannabisbedrijven die door Reuters zijn geïnterviewd. Grote behoefte aan cannabisverzekeringen Aangezien het Congres overweegt de federale wetten te versoepelen, zien verzekeraars kansen. Omdat verzekeraars op staatsniveau zijn gereguleerd, kunnen ze nu dekking bieden in staten waar cannabis legaal is. Federale decriminalisering zou de markt kunnen uitbreiden."Er is een overweldigende behoefte aan de juiste soorten verzekeringen", zegt Rocco Petrilli, voorzitter van de National Cannabis Risk Management Association (NCRMA), een handelsgroep van 3.000 cannabisbedrijven. NCRMA heeft in april een captive-verzekeraar opgericht om dekking te bieden voor eigendom, algemene bedrijfsaansprakelijkheid en productaansprakelijkheid aan leden. Het is van plan om in het vierde kwartaal werknemerscompensatie en autodekking toe te voegen, zei Petrilli. De captive-aanpak biedt alleen dekking aan NCRMA-leden die is afgestemd op hun behoeften.CannGen Insurance Services, een nationale algemeen verzekeraar van cannabis-, CBD- en henneprisico's die samenwerkt met commerciële vervoerders, is van plan binnenkort bestuurders en functionarissen (D&O) en aansprakelijkheidsdekking voor arbeidspraktijken in te voeren, via een nieuwe divisie genaamd CannGenPRO, zei Charles Pyfrom, chief marketing medewerker. CannGen distribueert via aangewezen retail- en groothandelsmakelaars om "one-stop-shopping" te bieden.Sommige grote verzekeraars, zoals Progressive Corp (PGR.N) Farmers Insurance, Liberty Mutual en AXA SA (AXAF.PA), bieden dekking naarmate meer staten wiet legaliseren. Ze verkopen vaak via dochterondernemingen en werken met CannGen of anderen, blijkt uit staatsvergunningen. Progressive zei dat zijn voertuigbeleid aansprakelijkheid en fysieke schade dekt in staten die het vervoer van cannabis hebben gelegaliseerd, maar het verzekert geen ladingen. De andere bedrijven wilden niet reageren. Dure verzekeringen voor cannabisondernemers Nieuw beleid kan niet snel genoeg komen voor eigenaren van cannabisbedrijven, die zeggen dat dekking vaak moeilijk te vinden en duur is. Eigenaars van cannabisapotheken vertelden Reuters bijvoorbeeld dat hun premies 20% tot 30% hoger zijn dan een gewone winkelier zou betalen. Voertuigdekking kan tot vier of vijf keer meer kosten, zeiden ze.D&O-verzekeringen, die cruciaal zijn voor het aantrekken van van kapitaal, zijn ook duur, zegt Gavin Kogan, CEO van Grupo Flor, een erkende teler, distributeur en fabrikant met vijf apotheken in Californië. Hij zei dat hij jaarlijks $ 85.000 tot $ 100.000 betaalt voor $ 1 miljoen aan D&O-bescherming, "en de dekking is superbeperkt."Een gebrek aan verzekering kan ook leiden tot operationele uitdagingen en hogere kosten. Lage dekkingslimieten voor vrachtverzekeringen kunnen bedrijven bijvoorbeeld dwingen om zendingen op te splitsen, zei Gene Brown, een verzekeringsagent in Carmel, Californië, die gespecialiseerd is in dekking voor cannabis. "Je hebt soms grote zendingen die grote hoeveelheden cannabis leveren of grote hoeveelheden geld vervoeren", zei hij. Ze hebben dekking nodig van $ 1 miljoen, maar "je kunt nu maar $ 500.000 krijgen." Legalisatie push Naarmate meer staten cannabis legaliseren, staan ​​Amerikaanse wetgevers onder toenemende druk om te volgen. Vorige onthulde Chuck Schumer, leider van de meerderheid van de senaat, een ambitieus wetsontwerp om cannabis te legaliseren.In april keurde het Huis van Afgevaardigden een tweeledige wet goed die banken in staat zou stellen diensten te verlenen aan cannabisbedrijven in staten waar dit legaal is. Het is onwaarschijnlijk dat de maatregel van Schumer in zijn huidige vorm wet wordt, gezien de krappe meerderheid van de Democraten in de Senaat, zei Ian Stewart, partner en co-voorzitter van de cannabispraktijk bij advocatenkantoor Wilson Elser.Toch zeggen analisten en verzekeringsmanagers dat deze wetsontwerpen aantonen dat het Congres langzaam op weg is naar soepelere cannabiswetten. BDSA verwacht een vorm van federale legalisatie in 2022, en Petrilli, van NCRMA, zei dat de verkoop van verzekeringen aan cannabisbedrijven de komende vijf jaar tot meer dan $ 3 miljard zou kunnen stijgen. "Degene die het voortouw neemt bij het aanbieden van redelijk geprijsde verzekeringen voor deze branche met de nodige dekking, zal zeer, zeer succesvol zijn", zei Kogan.Lees meer op Reuters.com (Bron, EN) Read the full article
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nycannabistimes · 2 years
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#Repost @beardbrospharms with @use.repost ・・・ Thoughts on this? ---<><>--- Marijuana keeps getting cheaper, and that’s becoming a growing problem for the industry. If you thought regulatory issues were the cannabis industry’s biggest challenges going into 2023, take a closer look at the price of raw marijuana flower. Retail and wholesale prices have fallen as competition with the black market puts pressure on legal retailers to keep prices low, and this is making it hard for growers to get the supply-demand balance right. “The industry today is facing a number of headwinds. The most existential is pricing,” said Rick Maturo, director of insights and intelligence for cannabis-data firm BDSA, during a webinar last week.  The retail price of a gram of marijuana dropped 13% to $9.43 in the third quarter of 2022 from $10.83 in the same period a year earlier — the steepest fall ever seen for marijuana in a 12-month period, according to BDSA. Wholesale price declines were even more dramatic, especially in more “mature” markets that have had legal programs for longer, BDSA data shows. In Colorado, the average price per pound has declined 51% since the fourth quarter of 2020. In Oregon, it’s down 36%. Read more at https://www.bloomberg.com/news/newsletters/2022-12-19/cheap-marijuana-is-a-big-problem-for-cannabis-companies?utm_source=website&utm_medium=share&utm_campaign=mobile_web_share (at Grand Canyon, Arizona) https://www.instagram.com/p/Cme1q4_ufjP/?igshid=NGJjMDIxMWI=
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teafiend · 2 years
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cbdx6hemphealth · 2 years
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BDSA Report Projects $57 Billion in Global Cannabis Sales by 2026 https://t.co/OHnnCr2fks
BDSA Report Projects $57 Billion in Global Cannabis Sales by 2026 https://t.co/OHnnCr2fks
— CBDX6 Hemp Health (@Cbdx6H) Sep 14, 2022
from Twitter https://twitter.com/Cbdx6H
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cbdx6hemphealth · 2 years
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BDSA Report Projects $57 Billion in Global Cannabis Sales by 2026 https://t.co/OHnnCr2fks
BDSA Report Projects $57 Billion in Global Cannabis Sales by 2026 https://t.co/OHnnCr2fks
— CBDX6 Hemp Health (@Cbdx6H) Sep 14, 2022
from Twitter https://twitter.com/Cbdx6H
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