Big tobacco, big alcohol eye cannabis

摘要

Changing consumer preferences have put tobacco and alcohol on the defensive; both of these industries are looking at cannabis as a way to boost very low growth rates, says Euromonitor. While we might be looking far into the future, the potential the worldwide cannabis market offers certainly has not been overlooked by major tobacco and alcohol companies. In a recent webcast, "Cannabis Legalization—How It Will Disrupt the Future," (view the webinar at pwgo.to/4076), Euromonitor's Spiros Malandrakis says predictions of sales and growth rates for cannabis are only estimates, and it's important to remember this is an industry that is changing daily if not hourly. However, looking at the very low growth rates for sales of tobacco and alcohol compared with the potential of cannabis, it's easy to see why companies like Constellation, Molson Coors, and AB/ Inbev have made investments.