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Old March 8th, 2017, 10:58 PM   #1
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Alcohol Industry Frantically Lobbies Against Legal Weed as Beer Sales Predict $2 Bill

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With over half of the country’s states embracing some form of legalized marijuana, with a few states even permitting recreational use, cannabis is poised to affect the alcohol industry at some point. And according to a new study, the beer industry stands to lose billions if marijuana is legalized nationwide.

The study states, “Cannabiz Consumer Group’s (C2G) research findings predict that legal marijuana will “canna-balize” 7.1% of revenues from the existing retail beer industry.” Even though the revenue margin may seem small to some, the profit losses are predicted to exceed 2 billion dollars.

And while the research attempts to predict what will happen when and if weed is legal nationwide, many alcohol consumers are already making the switch over to marijuana. The study writes, “Twenty-seven percent (27%) of beer drinkers state that they already have substituted cannabis for beer, or would substitute their beer retail purchases with cannabis in the future if legal.”

There’s no shortage of pot smokers either. The study proclaims, “There were 24.6 million legal cannabis consumers in the US in 2016.” And while beer, wine, and, liquor sales will certainly be affected by the nationwide legalization of weed, “C2G’s projects that legal cannabis penetration will settle at a level comparable to that of beer and wine and that a fully mature market would create a new $50 billion industry.” Fifty billion dollars is nothing to shake a stick at, so to speak.
“The forecasts were generated using C2G’s CannaUse™ study on the cannabis mindset and behaviors of 40K individual participants, the company’s warehouse of over 55MM cannabis purchase transactions, and CPG consumer panel and point-of-sale data sourced from IRI through an exclusive data and analytic share arrangement,” the study writes.

Read more at Alcohol Industry Frantically Lobbies Against Legal Weed as Beer Sales Predict $2 Billion Drop

Information like this needs to be in the hands of every American. How so many major corporations are not only against but afraid of a simple little plant. It literally symbolizes Liberty. The fact that with a very small investment and no extra land the people can cultivate a "product" that rivials that of big booze and big pharma and can almost replace them both.

Simple moves like the freeing of the weed and the removal of drug patent laws will place so much more back into the hands of the people and out of the masters. Knowladge is power.
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Old March 9th, 2017, 07:35 AM   #2
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Originally Posted by Sabcat View Post
Information like this needs to be in the hands of every American. How so many major corporations are not only against but afraid of a simple little plant. It literally symbolizes Liberty. The fact that with a very small investment and no extra land the people can cultivate a "product" that rivials that of big booze and big pharma and can almost replace them both.

Simple moves like the freeing of the weed and the removal of drug patent laws will place so much more back into the hands of the people and out of the masters. Knowladge is power.
From the get go I've thought how strange it is that so many issues surround the legalization of cannabis, states' rights and constitutionality among them.

Nonetheless, it does. Legalization is a rally point. Trump would be making a huge mistake by siccing Sessions on cannabis entrepreneurs and users.

And something seldom discussed: how we have an alcohol culture. Alcohol lubricates the sex and money chase. Alcohol dulls one's good judgement. Historically, it was a good drug to consume before and after killing all the native men and old women, and raping the women, and taking them and the children as slaves while burning down their village and salting their wells.....
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