As many establishments have realized, it is a lot easier to attract customers who are interested in cannabis than it is to attract customers who are interested in alcohol. So, it’s no surprise to find that many national brands are looking to diversify their product lines by offering cannabis-infused products to customers who might otherwise be inclined to buy booze.
New York state officials are considering allowing cannabis companies to sell alcohol, which would give pot shops a direct line to the state’s estimated 800,000 alcohol drinkers. The plan, which also would allow new cannabis retail stores on the island of New York, is being pushed by cannabis companies determined to tap into America’s $45 billion alcohol market.
Alcoholism is a serious problem in the U.S. According to the National Institute on Alcohol Abuse and Alcoholism, more than a quarter of all Americans are considered to be alcohol-dependent. The problem is most prevalent among men and whites, and alcohol abuse is the eighth leading cause of preventable death in the U.S. Additionally, about 70% of people who are alcoholics are women, and the rate of dependence is on the rise.
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When the state of New York legalized recreational marijuana, it was a watershed moment for the cannabis industry. The sale of recreational marijuana is a multi-billion dollar industry that has proven to be good for the economy. The cannabis industry is also proving that it is good for the community.. Read more about canna law blog and let us know what you think.
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