Unrivaled source of economic and financial analyses
Arm your team with the most current industry intelligence.
Powerful and often unseen currents can change the direction of the cannabis industry overnight. Business decisions made without full understanding of the strength and direction of these currents can lead to commercial shipwreck. Our Industry Intelligence team helps clients navigate safely with accurate forecasts, detailed financial models and actionable insights. The industry’s most experienced financial analysts track everything from regulatory shifts that will affect multi-state business plans, to M&A deals that will change the competitive race in markets in North America and around the world.
The cannabis retail business is rapidly transitioning from its single-store roots into a classic specialty chain opportunity. Because of federal prohibition, however, these specialty chains, unlike specialists in earlier new product categories, will have several years to expand their footprints and establish their brands before major retailers come charging into the business, probably with the end of federal prohibition.
This comprehensive report, co-produced with Arcview Market Research, gives you the data and insight to capitalize on this fast-moving opportunity before it’s too late. The report takes a look at retail operations, consumers, investment outlook, and for the first time, gives you a snapshot of what typical dispensaries’ financials look like so you can get a better idea of the cost and revenue centers associated with running a profitable business in the cannabis retail space.
The art and science of cannabis cultivation have rapidly evolved since North Americans and Europeans started growing their own in the 1970s. With the advent of adult-use legalization in 2014, the business of cultivating cannabis is now changing quickly too.
Some of those changes are regulator-driven, but most are simply business decisions made to capitalize on a market that Arcview Market Research estimates will grow from $6.7 billion in consumer spending in 2016 to $22.6 billion in 2021. This report was co-produced by BDS Analytics and Arcview Market Research.
In this report (co-produced by BDS Analytics and Arcview Market Research), you’ll find the tools you need if you want to compete in this rapidly maturing space.
This report examines the economic multiplier effects through which US consumer spending on legal cannabis in 2021 of $20.8 billion will generate $39.6 billion in overall economic impact, 414,000 jobs, and more than $4 billion in tax receipts.
The report provides estimates of the total economic contribution, direct and indirect jobs created, and tax receipts generated in each of the 35 states expected to have medical or adult-use legality by 2021.
The report also explores the projected decrease in illicit markets, and the budgetary and societal benefits of that decline, as the legal, regulated side of the cannabis industry continues to grow.
While it’s easy to focus solely on the US and Canadian markets, savvy investors realize that there is, quite literally, an entire world of cannabis investment opportunities that deserve their attention. From the rapid innovation that’s been taking place in Israeli R&D facilities to the Andean mountain sides of newly-legal Colombia and Peru – If you are an investor, entrepreneur, or regulator trying to make the best decisions in 2018, you need access to the best data and analysis in the cannabis industry. And this report has it.
In this report, you’ll learn:
Why outside of the US and Canada, global markets are almost wholly medical-only businesses
How government-subsidized health systems outside the US might change global market dynamics in your favor
What it will take to launch global adult-use markets and the single game-changing catalyst we expect to see around 2021
Nuanced analysis of the market opportunity across continents and country-level economies
How Canada, Germany, and especially Uruguay have created game-changing market models that may serve as continental tipping points
California is the single biggest cannabis market in the world. It’s also grossly complicated in terms of regulatory set-up with a remarkable number of local variations.
As you establish your cannabis market investment or operating strategy, you deserve access to top notch data and analyses. That is why we’ve spent hundreds of hours creating this report for you.
In this report you’ll learn:
How California’s already-established 1,150 retail storefronts and 2,000 delivery services create a substantial launchpad for growth and product access risk pushing cannabis prices higher, inhibiting market growth, and ironically, risk sustaining the illicit market
Nuanced analysis of the market opportunity across all 58 counties, with detailed descriptions showing how widely local regulation varies
The most likely path that takes California from $3.7 billion in 2018 sales to $7.7 billion by 2021
Concentrate retail sales are forecast to reach $8 billion by 2022, outpacing traditional flower sales. Co-produced by Arcview Market Research and BDS Analytics, this report is a deep dive into one of the most exciting and fastest growing segments of the cannabis industry. In it, you’ll find breakdowns of the subcategories of concentrates, growth projections, a detailed look at the history of concentrate sales in medical and adult use states, analysis of key factors affecting the market, and much more.
Understanding this growing market segment is quickly becoming an essential part of the strategic landscape for cultivators, extractors, distributors, brands, retailers, and investors operating in the cannabis space.
Consumer spending on cannabis-based food and drink reached an estimated $1 billion in 2017 in the United States and Canada, representing about 11.4% of the total $9.1 billion in consumer spending on consumable cannabis in those two markets.
The edibles category could be worth more than $4.1 billion in Canada and the United States by 2022, making it an early opportunity for investment in a cannabis sub-sector that is brand-focused and growing quickly.
Understanding the nuances of the growing edibles market is imperative for anyone looking to maximize investments and stay relevant in the rapidly changing cannabis industry.
Produced in partnership by Arcview Market Research and BDS Analytics, The Tasty Future of Cannabis Edibles report contains unrivaled data and expert analysis that will help you keep on top of what’s happening now with edibles and how the market is likely to evolve in the coming years.
The Flower report includes market-specific cultivation-demand data and projections to 2022, analysis of state and federal legislation, and insights into the rise of branded strains based on BDS Analytics’ GreenEdge™ Retail Sales Tracking Platform.
Additional key findings include:
In California sales of branded flower saw a significant jump in share when new packaging rules came into play in July 2018. That month 41 percent of flower sales were branded, up from only 13.5 percent in June
As happened earlier with edibles and concentrates, new lines of branded flower are constantly appearing, shrinking the combined share held by the top-five brands from 75.9 percent in 2014 to just 20.7 percent in the first half of 2018
Despite the activity in flower brands, generic flower strains continue to dominate the market. Blue Dream continues to be the best-selling cannabis strain in most markets. In 2017 Blue Dream accounted for $12.5 million of Colorado flower sales
The United States will constitute 85 percent of global demand while Canada will make up 10 percent in 2022; an estimated 61 percent of the demand will come from adult-use channels
As with concentrates, the share of cultivation demand for processing into edibles will grow steadily as the category continues to gain share of consumer spending. In 2017, 143,902 pounds of raw flower were processed into edibles, up from 36,127 pounds in 2014. An estimated 360,844 pounds of raw flower will go into edibles in 2022 – a five-year CAGR of 20.2 percent
The 40-plus page report is available for $297 or as part of the Cannabis Intelligence Briefing Series subscription service from Arcview Market Research and BDS Analytics for $1,975.
Our research suggests the legal 2021 market will consume about five million pounds of flower, still only one quarter of the overall North American cannabis crop.
Source: Cultivation: Capitalizing on a Tripling of Legal Demand
Five early movers (California, Colorado, Massachusetts, Nevada, Oregon, and Washington) will account for more than 60% of the total $39.6 billion in 2021 total economic output.
Source: The Economic Impact of The Industry
The model now estimates spending on legal cannabis in North America was $7.3 billion in 2016 and will grow at a 28% compound annual growth rate (CAGR) to $24.5 billion in 2021.
Source: The State of Legal Marijuana Markets, Mid-Year Update
Cannabis retailers are protected from the kind of mass-merchant and e-commerce competition that has devastated most specialty sectors in recent decades.
Source: Cannabis Retail: The $23 Billion Opportunity
Medical-market growth will have several advantages overseas, among them that many government subsidized health systems will be covering costs for patients.
Source: The Road Map to a $57 Billion Worldwide Market
The State of Legal Marijuana Markets, 6th Edition
Be the smartest person in the room.
The United States’ legal cannabis market is projected to reach $11 billion in consumer spending in 2018 and more than $23 billion by 2022, according to key insights featured in our newest report: The State of Legal Marijuana Markets, 6th Edition (SOLMM6), co-produced by Arcview Market Research in partnership with BDS Analytics. This growth has the potential to generate more than 467,000 full-time equivalent jobs in 2022.
The legal cannabis market is the most unique and dynamic market the world has seen in decades. If you are an entrepreneur, investor, or regulator that will be making expensive decisions over the next year about your involvement in this industry, then you need the best information and analysis available.
As the cannabis industry grows – for both investors and operators – market intelligence becomes a significant source of competitive advantage. Here’s what you’ll learn in the 6th Edition:
What the most recent shift in the political winds from Donald Trump, Mitch McConnell, John Boehner, Chuck Schumer, and Cory Booker mean for the future of the US cannabis market;
A province-by-province rundown on how Canadian adult-use legalization changes the entire North American outlook moving forward;
U.S. state-level and worldwide country-level market projections for both medical adult-use markets;
Analysis of the investment landscape from the perspective of capital flows, the influence of public stock movements, and the dramatic increase in institutional capital;
Nuanced analysis of the legislative environment and market dynamics by state and province. This includes a county-by-county regulatory breakdown of the world’s largest (and most complex) single cannabis market, California;
Breakdowns and individual growth-trend analysis for the key product categories – flower, concentrates, and edibles – as well as listings of the top companies in the key sectors;
Analysis of both the public and private investment landscape; and,
The legal cannabis markets are the most unique and dynamic markets the world has seen in decades. If you are an entrepreneur, investor, or regulator that will be making expensive decisions over the next year about your involvement in this industry then you deserve access to FFthe best available information, data, and analysis.
What You’ll Learn:
National and state-level market estimates and projections
More than 100 data-rich charts and graphs
Nuanced analysis of the market dynamics in each state
Product category breakdowns and growth numbers
Assessment of the ancillary business opportunities
Listings of the top companies in every subsector
Analysis of both the public and private investment landscape
A forecast of short-term and long-term political progress… much more.
What You’ll Get:
5th Edition Digital Access to the 200+ page report*
5th Edition Hard copy – a glossy hardbound piece of history.
Mid-Year Update Digital copy – Because the market is constantly changing we will automatically send you access to a mid-year update as part of your purchase.
JUST RELEASED: The Mid-Year Update
All purchasers of The State of Legal Marijuana Markets – 5th Edition also receive the robust Mid-Year Update for free. (Released Dec 2017)
The update contains newly updated official Arcview Market Research projections that reflect changes in political climates, regulations, and state market implementation timelines. It also includes new BDS Analytics analysis of international cannabis markets, cannabis industry investments, and much more.
Single and Multi-Client Research and Consulting Assignments
Many of the cannabis industry’s most innovative companies and leading investors rely on Principal Analyst Tom Adams and his team for strategic planning and advisory services. The Industry Intelligence team leverages BDS Analytics’ unmatched data and their own decades of experience working with the leaders of the digital media and consumer technology revolutions to build and maintain real-time economic and financial models that are the cannabis industry standard for accuracy and insight. They put those models to work on custom assignments such as opportunity assessments and business plan development for cannabis industry entrepreneurs and investors.
“The State of Legal Marijuana Markets has been an ongoing source of priceless market data for my company and associated investments I am involved with. Without the report, my ability to report to my company’s Board of Directors would be a significantly more time consuming process. The report is unbiased and conservative, allowing its readers to build their own opinions vs. guessing at the author’s agenda.”
Chris Walker, CEO, Radiant Led Growth Systems
“The report is a “must-have” for any serious investor, executive, or stakeholder in the legal marijuana space. We have become quite active as principal investors in the sector; however, finding both qualitative and quantitative industry data can be challenging. The reports produced by Arcview Group and BDS Analytics deliver on all fronts and are now part of our investment process.”
Douglas Leighton, Managing Director, Dutchess Capital