Booze And Bud: Friend Or Foe In The Cannabis-Infused Beverage World?
Portfolio Pulse from Joana Scopel
The cannabis-infused beverage industry is rapidly growing, with beverages being one of the fastest-growing form factors in cannabis. Boston Beer Company Inc. (NYSE:SAM) has entered the market with its THC-infused TeaPot brand in Canada and plans for the U.S. market. Curaleaf Holdings, Inc. (OTCQX:CURLF) sees potential in the normalization of cannabis beverages, despite challenges in production and distribution. The industry faces challenges such as oversupply, potential down-trading, and the illicit cannabis market.
November 01, 2023 | 12:24 am
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Curaleaf Holdings sees potential in the normalization of cannabis beverages, despite challenges in production and distribution.
The company's positive outlook on the cannabis beverage market could potentially lead to new product development and increased revenue.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Boston Beer Company has launched its THC-infused TeaPot brand in Canada and plans to enter the U.S. market.
The company's entry into the cannabis-infused beverage market could potentially increase its revenue and market share.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80