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BDSA has expanded its cannabis retail sales tracking coverage to include the Pennsylvania market, which has grown consistently since medicinal cannabis was legalized in 2016
BDSA (Boulder, CO) has expanded its cannabis retail sales tracking coverage to include the Pennsylvania market, which has grown consistently since medicinal cannabis was legalized in 2016. With the possibility of legal recreational use in the near future, BDSA expects Pennsylvania to be one of the top 15 U.S. markets within the next three years. According to BDSA, legal cannabis consumption in Pennsylvania grew by almost 30% year over year from 24% of respondents reporting legal cannabis consumption in the fall of 2019 to 31% in the fall of 2020.
“Pennsylvania has the fifth largest population of people aged 21 or older, which directly correlates to the forecasted size of the cannabis market,” said Micah Tapman, CEO of BDSA, in a press release. “Companies and industries interested in investing or working in the Pennsylvania cannabis market can leverage BDSA’s solutions to gain unparalleled insights into product attributes, consumer preferences, shopping behaviors, and more.”