NATIONAL REPORT — In the past six months, 15 percent of adults aged 21 and older have consumed CBD products, according to BDS Analytics, but the percentage of those interested in CBD is much higher. Around 40 percent of U.S. adults aged 21 and older indicate a willingness to explore CBD under the right conditions,…
“Nearly half of the cannabis users in states with recreational pot laws on the books self-identify as using the drug for medicinal purposes, according to a new report from High Yield Insights, a Chicago-based firm that conducts market research on the cannabis industry. The results of the study found that 69 percent of respondents use cannabis…
For those Americans who have been introduced to the legend that is cannabidiol (CBD), they have found themselves smack dab in the middle of a bizarre circus that rivals a Bangkok ping pong show. Only in this performance, one that can be found on nearly every street corner in the nation, there is a bearded…
“A new market research report has confirmed that marijuana consumers in states that have legalized recreational cannabis use less alcohol, over-the-counter pain medications and sleep aids. The findings suggest that the cannabis market may be larger than many grasp. If some consumers are replacing alcohol or pain medications with marijuana, that indicates there may be…
Big food-and-drink companies are slowing work on products containing cannabidiol after regulators sounded a note of caution, making space for smaller players to capture more of the budding market. The Food and Drug Administration told consumers in November that there isn’t enough research to ensure cannabidiol, or CBD, is safe to consume. It isn’t clear…
FORTY PERCENT OF USERS SEE CBD DRINKS AS A HEALTHIER ALTERNATIVE TO ALCOHOL, ONLY 20% PREFER SOCIAL ASPECT OF ALCOHOL; 50% REDUCING SLEEP AIDS, PAIN RELIEVERS Chicago – CHICAGO, IL, USA, October 29, 2020 /EINPresswire.com/ — A diverse group of younger and more affluent consumers are beginning to prefer CBD beverages for socializing and on-the-go…
Chicago – A diverse group of younger and more affluent consumers are beginning to prefer CBD beverages for socializing and on-the-go relief of anxiety, insomnia, and depression, according to cannabis market research firm High Yield Insights in an October 2020 survey of over 4,000 CBD users including 1,200 CBD beverage users. The results found CBD…
Women, Gen Z, and Millennials all experiencing pronounced effects from pandemic January 19, 2021 Chicago – Newly released findings from a study of over 35,000 U.S. adults quantify the upheaval to Americans’ personal and professional lives due to Covid-19. Socially, almost seven in ten women have felt isolated from family friends compared to just roughly…
ALMOST ONE IN FOUR US CBD CONSUMERS HAVE STARTED USING CBD IN THE LAST SIX MONTHS, EQUIVALENT TO NINE MILLION NEW USERS, WHILE OVER ONE IN THREE LONGER-TERM CBD USERS (AN ESTIMATED 13.4 MILLION ADULTS) SAMPLED AT LEAST ONE NEW PRODUCT TYPE DURING THIS TIME. This is according to a US study of CBD users…
THE FUTURE IS GREEN, BUT BUSINESSES NEED TO STAY ABREAST OF MARKET ENTRY AND ADOPTION TRENDS, AMONG OTHER FACTORS. NATIONAL REPORT — The growing CBD market presents significant opportunities to convenience store retailers — but only if they understand what CBD offers and how it is regulated, according to Priscilla Agoncillo, president of the Cannabinoid…