USA. Cannabis is a ‘clear and present danger’ to the USA alcohol industry.
Specialists from the USA beer and alcohol market have claimed that legal cannabis sales are hurting them. Specifically, big booze is ‘underperforming’ in three US states which have legalized cannabis, those states are Colorado, Washington and Oregon. Alcohol analysts claim the the beer sales are 2%-5% lower than expected based on historical data and other states beer sales. Some of this is felt to be due to the 18-25 years olds preferring cannabis to alcohol. In some cannabis hot spots, such as Denver, beer sales are over 5% lower since cannabis legalisation.
December 8th 2016