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Thursday, 05/16/2019 4:40:10 PM

Thursday, May 16, 2019 4:40:10 PM

Post# of 30141
Quote from moneymorning.com article that came out today.

Cannabis Drinks Set to Surge

The cannabis beverage sector will likely be one of the fastest-growing segments of the beverage and food industries. According to Grand View Research, the nonalcoholic beverage industry will hit $1.6 trillion by 2025.

Meanwhile, the edibles market – which includes cannabis-infused beverages and foods – will likely hit $4.1 billion in Canada and the United States by 2022.

While that is just a drop in the bucket for the total nonalcoholic market, it's an incredible sum considering the industry barely existed a few years ago.

Grand View Research also expects the global legal marijuana market to grow from $7 billion in 2016 to $146 billion by 2025.

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