Cannabis-Infused Drinks Reaches $86 Million in U.S.
U.S. sales of cannabis-infused drinks jumped to $86 million in 2018, according to the new 2019 U.S. CBD Drinks Report from food and drink experts Zenith Global and the Beverage Digest newsletter. The market is expected to rapidly achieve mass market appeal, surging to over $1.4 billion in 2023, even with some regulatory restrictions remaining.
“Key growth drivers for CBD drinks include loosening regulatory implementation, investment by major brewers and innovation by numerous start-ups,” commented Zenith Global Chairman Richard Hall. “This has led to far greater awareness and availability.”