In 2018 Canada was the first country to legalise Recreation cannabis.It was a cautious approach authorising legal access to cannabis through dry flowers,oils and sprays.Those products have appeal to relatively few.
Canada 2 launch this coming Monday December 16th 2019 is more adventurous,giving the green light to a range of products with appeal to a broader section of the public according to surveys..
Gummies, cookies, chocolates, THC-infused beers and juices, lotions, concentrates and more… Collectively they are called Edibles & Beverages.
It means, recreational cannabis products can then legally contain THC in various strengths.There are many who want to experience and enjoy the relaxing effect that,similar to alcohol, THC provides.
There is also a similarity with responsible cannabis users to those who like to relax and unwind with a glass or two of alcohol.They are users,not abusers.
Statistics show that 17.8% of cannabis takers are treated for symptoms of abuse through excess.It is an almost identical statistic amongst alcohol drinkers.
These convenient, easy-to-consume edibles are the perfect entry point to the cannabis market for newcomers.
Not everyone wants to roll a joint – or even knows how to.
But everyone knows how to eat a brownie,or drink a beverage.
Delivering cannabis in edibles & beverages makes it feel more comfortable and familiar.
One in three consumers believe that eating cannabis edibles purchased in licensed stores is safer than smoking a joint.
And demand is already building and eagerly expectant.
EY Canada Predicts That Three Million New cannabis Customers Will Enter the Market with Canada 2.0…
A survey conducted at Dalhousie University in 2017 found that 46% of Canadians would try cannabis-infused food products when they become available. That’s nearly 13 million people ready and willing to buy cannabis edibles and beverages as soon as they legally can
With nearly half of all Canadians interested in cannabis edibles, the potential is huge.
Below are some of the established USA and Canadian companies likely to benefit from access to the new Canadian legal cannabis edibles & beverages market.
The Nevada Gummy King: This edibles maker just happens to produce one of the best-selling gummies in Nevada.
The gummies are low in sugar… gluten-free… and infused with one of several strains of the finest premium cannabis oil. They come in a variety of flavors such as blue raspberry, cherry cola, and tropical punch.
The Colorado cannabis-Beverage Maker: This company has already taken Colorado by storm. It produces high-quality, THC-infused drinks – tailoring them to meet the consumer’s specific needs.
Because here’s the thing about cbd…
Not only does it help with a number of health problems – such as chronic pain, anxiety, and depression – it does so without making you “high.”
Which makes it easier to sell to consumers who normally wouldn’t touch cannabis with a barge pole.
Not just in Canada but around the world.