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Re: Penny Masters post# 23601

Wednesday, 01/22/2020 1:25:24 PM

Wednesday, January 22, 2020 1:25:24 PM

Post# of 30480
I googled it and this report Deloitte did last year came up. It's pretty impressive and doesn't say anything about the market being in a state of surplus. Deloitte says "The edibles market alone is estimated to be worth at least $1.6 billion a year in Canada, with cannabis-infused beverages adding a further $529 million," said Jennifer Lee, a partner and Deloitte Canada's Cannabis National Leader, and Consumer Advisory and Analytics Practice National Leader. Deloitte estimates next round of cannabis legalization will create a new $2.7-billion market in Canada

That's just Canada. I don't have any numbers for the US.
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