Examining U.S. & Canadian Cannabis Beverage Markets
Recently, cannabis consumption has evolved to accommodate numerous lifestyles and preferences. Given the increasing mainstream popularity of legal cannabis, consumers and brands alike are embracing more social and discrete form factors. These are among the many factors driving the growth of North America’s cannabis beverage market. Within the last few years, cannabis-infused seltzers, mocktails, energy drinks, and other offerings have gained traction in Canada and parts of the United States. As the cannabis beverage marketplace matures, it will be essential to watch what is to come next. Canadian cannabis beverage markets marked by accelerated growth Cannabis beverages have found a home in Canada. In January 2020, the Canadian cannabis marketplace added drinks to the menu, and its market share rose to 2.1% within two years. The pronounced growth of cannabis beverage sales in Canada is primarily driven by consumers in several provinces including Alberta, British Columbia, Ontario, and...