Impact on Beer Sales

25% Among American’s Beer Drinkers will Predictably Embrace Marijuana when Legalised

On purely health grounds and for recreational purposes, some states in the U.S have legalized Marijuana. The law is no respecter of persons, but with the impending legal backing to marijuana by more states in the U.S to marijuana, studies show that 25% of American beer drinkers will change to marijuana. Studies in states where marijuana has not been legalized show that a quarter of the beer drinkers have switched to the pot. Legalizing marijuana is within the states for now; pundits predict that if it gets to the national level, it is predicted that the beer industry will lose more than $2 billion on their retail sales index according to studies carried out by the Cannabis Consumer Group. There is an anticipated takeover of 7% of the marijuana market. The reality of the survey results above has been reflected in three states in the U.S. The legislation has taken …

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