As we go to press it is not clear whether the New York Legislature will legalize recreational use of cannabis. Nonetheless, cannabis has become a billion dollar industry and it is growing. Interesting research reported recently by Nielsen focuses on consumer attitudes.
“Importantly, general consumer interest around legalized cannabis consumption has shifted over the years. In fact, a recent Nielsen survey revealed that 34% of U.S. adults (age 21+) are interested in consuming legalized cannabis. Though a majority of consumers are not currently interested, there is a wind of change in the air that will likely gain momentum as additional states in the U.S. move toward legalization of marijuana for either medical and/or recreational purposes, and even more so as products containing CBD derived from Hemp move into mainstream retail outlets towards cannabis.
To see a the Nielsen Report click HERE.
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