Illicit Cannabis Supply Output Still Dominates in the U.S.
November 24, 2019
New Frontier Data Completes Diligence, Moves Forward With Civilized Acquisition
December 3, 2019Illicit Cannabis Supply Output Still Dominates in the U.S.
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- The European CBD market remains relatively immature, with most consumers being new ones, and about one in three (34%) having first used it within three months prior to the survey.
- Consumers also cited far-ranging reasons for CBD use, indicating that adoption holds potential to accelerate across several vectors as related products become more widely available, and their diverse applications better understood.
- More than two in five (41%) of consumers indicated expecting their consumption of CBD to increase over the following six months, whereas about one in 10 (11%) expected it to decrease.
- Meanwhile, 18% of those who had not yet consumed any CBD product indicated their likelihood of doing so in the following six months.
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