Is Cannabis to Blame for Slumping Beer Sales?

Article by David Yasvinski, Growth Op

NEWS Is cannabis to blame for slumping beer sales? Sales of suds experience largest drop in seven years as cannabis continues to grow in popularity. By David Yasvinski The creation of a new line of elevated beverages has proven more complicated than anticipated. rgbspace / iStock / Getty Images Plus FILE – It was a busy opening day for Ottawa licensed cannabis shop, Superette, located on Wellington St in Ottawa. / Photo by Jean Levac/Postmedia With the Canadian market for edibles and infused beverages expected to take up around 12 percent of the market by the end of the year, things may get worse before they get better for brewers. / Photo: Getty Images iStock / Getty Images Plus

Canada’s beer business is looking a little flat.

The industry experienced its largest drop in sales in seven years in 2019, with domestic and imported beer purchases falling by 3 percent from the previous year, according to Marijuana Business Daily.

Read the full article here.

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