Edibles Archives

John SchroyerSeptember 12, 2023

TerrAscend and Columbia Care received fines for violating state rules despite having a presence in New Jersey for years.

StaffAugust 1, 2023

10% – Percentage of cannabis drinks that are lemonade flavored

As the old saying goes, when life gives you lemons, make lemonade. Cannabis beverage producers have embraced this adage, as nearly every top drinks brand has a lemonade flavor in its portfolio. And the popularity of the flavor will likely keep it on the shelves. For example, THC lemonade brand Uncle Arnie’s reported increased purchasing and loyalty from 2022 to 2023.

Source: Brightfield Group, US Cannabis Distribution Trends, May 2023, and US Cannabis Product Brand Health, Q2 2023

Adam JacksonJuly 14, 2023

Can cannabis replace cabernet?

Adam JacksonJuly 5, 2023

This is not the first time the FTC and FDA have addressed the hemp-derivatives market.

StaffJuly 5, 2023

29% – How many Michigan infused gummy consumers use doses higher than 10 milligrams.

Michigan is one of the few states where consumers can purchase bags of 200 milligram THC-infused gummies, making 25 milligram and 50 milligram single doses more common across the country. With the price of cannabis so low in Michigan, higher doses are also more affordable.

Source: Brightfield Group, US Cannabis Product Brand Health, Q2 2023

Want to learn more about the Michigan market and network with the state industry’s participants? Check out Green Market Report’s Michigan Cannabis Business Summit on July 20!

StaffJune 20, 2023

51% – How many American cannabis consumers have used gummies in the past six months

After seeing increased use throughout 2021, the growth of cannabis gummies use among Americans came to an end in 2022. Consumer-reported cannabis gummies usage dropped 7% from Q2 2022 to Q1 2023.

Source: Brightfield Group, US Cannabis Consumer Insights, Q1 2023

Adam JacksonJune 15, 2023

Predictability is key.

Debra BorchardtMay 30, 2023

A new report published by Facts and Factors has determined that the global cannabis edibles market size was worth around $20.5 billion in 2022 and is predicted to grow to around $197.75 billion by 2030 with a compound annual growth rate (CAGR) of roughly 32.041% between 2023 and 2030.

North America Leads

The report stated that the global cannabis edibles market is growing at a rapid rate and it is projected to register the highest CAGR in North America with the US and Canada acting as significant contributors. The growth is attributed to the growing legalization of cannabis consumption in the edible format in many states of the US. Canada had legalized cannabis intake for recreational purposes in 2018. Increased research into CBD edibles could also cause an increase in consumption. Europe’s market could contribute to this growth as edibles offer discreet consumption, which this market desires.

One challenge to the growth of edibles is the continuing social stigma around cannabis.

Recent Developments

In February 2023, scholars at the Johns Hopkins Medicine Institute, in a recent study, found out that CBD when consumed in edible form can restrict the breakdown of tetrahydrocannabinol (THC) resulting in longer-lasting and stronger interactions with the drug. The study also found that higher doses of CBD edibles could cause a more intense THC high.

Market Leaders

The global cannabis edibles market is led by

Organigram Holdings Inc.
Aurora Cannabis Inc.
Charlotte’s Web Holdings, Inc.
Canopy Growth Corporation
Plus Products Inc.
Wana Brands, Medical Marijuana, Inc.
Tilray Inc.
Terra Tech Corp.
Cronos Group Inc.
Dixie Brands Inc.
Lord Jones LLC
Aphria Inc.
Nutritional High International Inc.
The Green Organic Dutchman
Bhang Inc.
HEXO Corp.
Kiva Confections,
Americann Inc.

StaffMay 23, 2023

35% – Percentage of U.S. cannabis consumers that have eaten a cannabis baked good in the past 6 months

More than one-third of cannabis consumers in the U.S. have eaten a cannabis baked good in the last six months. This is more than double the percentage that have enjoyed a cannabis drink in the same period. Baked goods are a staple of cannabis culture, yet some markets (such as Illinois) have very few baked goods on shelf.

Source: Brightfield Group, US Cannabis Consumer Insights, Q1 2023

Debra BorchardtMay 19, 2023