Fortune Business Insight presented a new study, titled, “Cannabis Beverages Market Size, Share & COVID-19 Impact Analysis, By Type (Alcoholic and Non-alcoholic), Distribution Channel (Mass Merchandisers, Specialty Stores, Online Retail, and Others), and Regional Forecast, 2020-2027.” The study showed that cannabis beverages market size< is set to gain impetus from the increasing popularity of these products owing to their possession of several functional benefits, such as easy availability, ease of administration, and portion-controlled doses. Furthermore, analysts found the cannabis beverage market size stood at USD 367.4 Million in 2019 and is projected to reach  USD 8,521.6 Million by 2027, exhibiting a CAGR of 50.9% in the forecast period.

Mmp News Author, Medical Marijuana Program Connection, 09/16/2020 09:26:24

Open article: https://mmpconnect.com/cannabis-beverages-market-size-to-reach-usd-8521-6-million-by-2027-possession-of-functional-benefits-to-propel-growth-says-fortune-business-insights/