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20 Apr 2018 12:40 #362397
by chairman
The cannabis industry is growing, which may mean bad news for the beer industry, said Vivien Azer of Cowen, an investment firm.
"We view the interaction with alcohol as being the most obvious to us as we think of these products as substitute social lubricants," Azer, managing director and senior research analyst at Cowen, told CNBC.
"Binge drinking rates, for instance, are significantly lower in states where adults have access to adult-use cannabis," Azer, who specializes in the beverage, tobacco and cannabis sectors, told "Fast Money." Friday is "4/20," or the unofficial holiday celebrating marijuana use.
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BORA AND PORK
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20 Apr 2018 13:42 #362399
by BORA AND PORK
Bob Marley talking about Marijuana. “Herbs a plant. Why these people that wants to do so much good for everyone calling themselves governments and this and that. Why they say you must not use the herb?...” –Bob Marley
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23 Apr 2018 10:41 #362429
by ketchim
you get the "dries" when inhaling herb !
why would thirst quencehers liquid, like beer...... sales be down ?
you also get the munchies : will chips and other snacks sales be also down ?
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The growth of cannabis culture could be bad news for beer, says analyst
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