Recommended content

Minnesota’s low-dose THC beverage market is booming

Minnesota, of all places, has become the hottest market for low-dose, hemp-derived THC beverages in the country – and likely anywhere else, including Canada and Europe.

The unexpected success of these cannabis beverages could bode well for the state’s nascent recreational marijuana market, with adult-use sales expected to begin in a little more than a year.

ADVERTISEMENT

Recreational marijuana possession, use and homegrows became legal in the state on Aug. 1.

In the meantime, consumers of all stripes are flocking to hemp-derived THC beverages, with monthly sales likely topping $1 million.

The rush has been fueled by widespread retail access, easing stigmas associated with cannabis and the state’s geographic position on the map.

Illinois and Michigan, the nearest states with adult-use sales, are hours away from most residents.

Minnesota regulators and lawmakers paved a wide path where hemp-derived THC could be sold in the Midwest market, a

Read full article on Marijuana Business Daily

Follow us on Instagram or join us on facebook page

Be first to rate

Marijuana Business Daily
Source

More news