Alcohol Consumption Falters as Cannabis Products Generate Appeal
However, newly added states such as California and Nevada had higher rates of alcohol consumption and lower rates of cannabis use.
- However, newly added states such as California and Nevada had higher rates of alcohol consumption and lower rates of cannabis use.
- Regardless, Cowen expects the rates to shift in both alcohol and cannabis consumption in those specific states.
- And as the number of alcohol consumption rates decline, the cannabis industry is expected to directly benefit as more users turn towards cannabis-based alternatives.
- However, the key to cutting alcohol consumption rates is making cannabis drinkable, says Brock University business professor Michael Armstrong.