Technomic study explores effects of legalized cannabis on industries
Chicago-based Technomic, a Winsight company, announced it will embark on a new multi-client study entitled “The Marijuana Effect: Understanding the Implications of Legal Recreational Cannabis Products on Restaurants & Bars.” The study will explore the impact of legalized marijuana on major industries, including adult beverages and foodservice.
Although recreational cannabis use still is illegal at the federal level, nine states and the District of Columbia have legalized recreational use. Nine more states are expected to follow suit by the year 2020, and Canada is slated to legalize recreational marijuana use in the summer of 2018, Technomic says. In states where cannabis use already has been legalized, the products are regulated similarly to alcohol, with evolving regulations regarding onpremise and publicuse, it adds.