Beer Sales Get Pummeled in Canada Post Legalization

Beer Sales Get Pummeled in Canada Post Legalization

One of the greatest fears the alcohol industry has developed over the years is that it is somehow going to get choked out by the cannabis trade. There were all sorts of reports floating around immediately after Colorado and Washington became the first to legalize the leaf, suggesting that brewers, both large and small, were losing sleep at the thought of forfeiting so much as a sliver of their profits to weed. There were, of course, a handful of optimistic predictions, too. Some brew houses claimed that legal weed was actually creating a win-win situation for everyone involved. Many of these folks said there was enough action in the business of the buzz for both substances to live in harmony. And while this is undoubtedly true, we’re learning with each passing year that beer is taking a hit at the hands of legal weed. All we have to do is look to Canada, where cannabis has been legal for more than a year, to see the tale of the tape. Some of the latest data from Beer Canada shows that the first year of legal weed in the northern nation sucked the life out of the local brew crews. Beer…

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Source : cannabis now
Link to original : Beer Sales Get Pummeled in Canada Post Legalization
reposted by Cannabis News World

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