Cannabis-infused beverages have $600-million market potential
Analysts project cannabis-infused beverages to be a $600M market in the Usa in four years, Bloomberg Information reported. As a result, beverages infused with cannabis compounds could outpace the development of other retail cannabis item groups.
In accordance with analysts at Canacoord Genuity, beverages with cannabidiol (CBD) or tetrahydrocannabinol (THC) ingredients could swell by 2022 and capture about 20 per cent for the market that is american edible cannabis products. It is a lot more than double the 6 per cent of cannabis edibles offered now.
Many mainstream beer and drink manufacturers have jumped in regarding the cannabis bandwagon and chose to make use of the possibility. […]