Improved Margins With Cannabis-infused Beverages
The increasing interest in healthy beverages, education, and the further acceptance of cannabis across the United States have this sector growing rapidly.
Hey Dispensaries...here's a riddle for you...
What do bars, restaurants, concessions, grocery stores, convenience stores, and truck stops have in common?
They all sell drinks. Oodles and gobs of beverages for the CPG (Consumer Packaged Goods) market. Drinks are everywhere. Cold, fizzy, healthy, refreshing liquid. Beverages are even popularized by celebrities and social media influencers in today's world. Bet you're thinking of a nice cold drink right now.
So you might ask, 'Why does it matter?' Because we all need to drink. Water is the source of life and most beverages have a water base. During the past few decades of research, scientists have developed and perfected ways to extract the oil and other components from cannabis and hemp.
These oils, along with beneficial cannabinoids and terpenes are made into emulsions that are created to be water-soluble stable. They can be infused into almost any liquid suitable for consumption. The processes are very different from the extraction and infusion of solid edibles.
Why Are Cannabis Drinks So Popular?
The popularity of cannabis-infused drinks has exploded. They are majorly tasty as well. Prominent players in the alcohol space such as Molson Coors and Pabst Labs, are entering the market with CBD and THC-infused non-alcoholic product lines. They are coaxing people away from alcohol with the benefit of no more hangovers or poochy beer gut. And it's working.
Throughout the COVID-19 pandemic, alcohol sales have continued to drop. People searching for healthier options have turned to CBD and cannabis-infused drinks to help them relax and deal with anxiety. Many consumers are searching for ways that don't involve smoking, vaping, or alcohol.
What About Green Growth?
Sales are booming with infused beverages! The increasing interest in healthy beverages, education, and the further acceptance of cannabis across the United States have this sector growing rapidly.
The prominent place that cannabis-infused drinks will play in the future is demonstrated by a market research report from Facts and Factors that states that global sales are expected to grow 27.5% (CAGR) for the forecast period of 2021 to 2026. This will become a powerful product line.
Honesty has always been the best policy and honestly, there is big money to be made in cannabis-infused drinks! There's lots of room for companies, small and large, to include cannabis-infused beverages in their product line and watch revenue fly sky high.
How Do I Learn More?
If you are a dispensary owner or buyer, come to the Cannabis Drinks Expo 2021 to discover new products, new technology, and highways to raise your profit margins. Imagine when federal legalization happens and interstate commerce is allowed. Cannabis drinks will become more common with almost every segment of the population. There will be no shortage of people of all demographics wanting to try these healthy, flavorful drinks.
You will be amazed to see the many selections available within the legalized cannabis-infused drink sector. For starters, there are tonics, infused flavored water, non-alcoholic choices such as wine, beer, and ale, tea, coffee, seltzers, sports drinks….and many other infused beverages. The range of dosing is wide too. Which ones do you want to try? Bring them all on!
Show Me the Green!
Come revel in the fantastic vendors showcased. Enter a whole new world you may not have been aware of. Learn from the entrepreneurs on the cutting-edge of this wildly delicious infused beverage market.
Our vendors are top of the game. Superb dispensaries, wineries, breweries, researchers, labs, and some of the biggest names in cannabis drinks will be present. Don't miss this chance. We are also featuring a conference suitable for anyone wanting to learn how to incorporate infused beverages into their current or future cannabis and hemp portfolios.
Move your dispensary forward with sophistication, grow your knowledge and educate your customers. Offer your patrons a wide range of delectable choices in the cannabis-infused beverage space. Watch your profits grow.
The hottest expos are happening in California and Illinois this November 2021. CA has the largest cannabis market with Illinois close on California's heels. With the incredible innovations being made in the cannabis beverage sector this is one event you have got to attend! Get your ticket now! Mark your calendars!
WHEN AND WHERE
Date and Time
Thu, November 11, 2021
11:00 AM – 5:00 PM PST
South San Francisco Conference Center
255 South Airport Boulevard
South San Francisco, CA 94080
Date and Time
Monday, November 15, 2021
11:00 AM – 5:00 PM CST
Midwest Conference Center
401 W Lake St Northlake,
Chicago IL 60164
Disclaimer: According to the FDA, cannabidiol is currently illegal to add to any food or beverage. States that have legalized cannabis for adult use or medical purposes may see things differently. Consult your state's marijuana and hemp authority for current legal regulations.
Written By Teresa Martin