Is weed dipping into beer sales?Research from Cannabiz Consumer Group (C2G) shows that legalized recreational marijuana has "canna-balized" (their word, not ours) 7.1% of revenues from the existing retail beer industry in legal markets. If cannabis were legalized nationally, the beer industry they say would lose more than $2 billion in retail sales. Twenty-seven percent (27%) of beer drinkers state that they already have substituted cannabis for beer, or would substitute their retail beer purchases with cannabis in the future if legal. Other segments of the alcohol industry including wine, spirits and on-premise sales are also being impacted as are other CPG categories, brands, and retailers.
Passpot Publishing has launched Passpot, a cannabis passport and travel journal. Currently available exclusively through the company's Kickstarter campaign, the first run of basic and custom books will ship in time for supporters to enjoy cannabis festivities occurring the week of April 20 with Passpot in hand. Passpot walks readers through the basics of cannabis laws, product options, and consumption methods as well as the more scientific aspects including cannabinoids and flavonoids. The smell, taste, and terpene charts assist readers with the complicated process of rating cannabis, and the journal provides ample space to record cannabis adventures. Readers collect stamps and stickers from dispensaries, tour companies, events, and other cannabis-related businesses to add to the blank stamp pages found inside. Passpot can also be customized with personal information and a picture.
Bills on the Hill
It's true, there are numerous pieces of legislation pending in Congress that would provide protection for users and businesses in legal states. Here's a solid round-up of said bills.