Cannabis Found Less Harmful Than Alcohol In New Study: Where Is The Demand Heading? Investor Market Tips
Portfolio Pulse from Nicolás Jose Rodriguez
A new study led by Dr. Erika Rosen highlights that cannabis is less harmful than alcohol and opioids, suggesting a shift in consumer preferences towards cannabis-infused beverages. This shift presents growth opportunities for the cannabis beverage market. Companies like Constellation Brands, Molson Coors, and Tilray are already investing in this space.
June 18, 2024 | 4:51 am
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Constellation Brands has invested in the cannabis industry, and the new study highlighting cannabis as less harmful than alcohol could boost its cannabis-related ventures.
Constellation Brands' investment in cannabis could benefit from the study's findings, which may drive consumer preference towards cannabis-infused beverages.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Molson Coors' investment in cannabis could benefit from the study's findings, which highlight cannabis as a safer alternative to alcohol.
Molson Coors' ventures into cannabis could see positive impacts as the study may shift consumer preferences towards cannabis-infused beverages.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Tilray's acquisition of Montauk Brewing Company positions it well to benefit from the growing market for cannabis-infused beverages, supported by the new study's findings.
Tilray's acquisition of Montauk Brewing Company aligns with the study's findings, potentially increasing demand for its cannabis-infused beverages.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80