Good news for cannabis legalization advocates!
“In the three states with the longest history of legalized recreational marijuana sales – Colorado, Washington state and Oregon – there is no evidence that legalization has had any impact on spirits sales, nor is there any evidence that it has impacted total alcohol sales.”
That’s according to research conducted by the Distilled Spirits Council of the United States (DISCUS).
In other words, cannabis legalization – neither recreational (nor medical) – has had no effect, either positive or negative, upon beverage alcohol sales in states were cannabis is legal, either for recreational, or medical purposes.
David M. Ozgo, Senior Vice President and Chief Economist of the Distilled Spirits Council analyzes market trends for DISCUS, and said in part that, “The data show there has been no impact on spirits sales from recreational marijuana legalization.”
David M. Ozgo, Senior VP and Chief Economist, Distilled Spirits Council of the United States
Mr. Ozgo also produces an annual spirituous beverage industry review, and provides tax and regulatory effect analyses, including Read the rest of this entry »
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