Cannabis Has ‘No Impact’ on Alcohol Sales, Study Says

Despite growing concerns over cannabis creeping into U.S. alcohol sales, at least one study says those reports are blowing smoke.

The Distilled Spirits Council, a national trade association representing the liquor industry, conducted a study that found the three states where recreational marijuana has been legal the longest — Colorado, Oregon, and Washington — have not been impacted. Instead, spirits sales increased slightly in those three states, and beer and wine “stayed on their mixed to negative course,” CNBC reports.

Analyzing per-capita alcohol sales in those states, the study found that sales of spirits increased, and overall sales of spirits, wine, and beer were roughly flat.

“At this point, we’ve seen no impact on spirit sales from legalized recreational marijuana,” Chris Swonger, Distilled Spirits Council CEO, said.

“It’s a little early for people to say no impact,” Bobby Burleson, managing director of Canaccord Genuity,

... read more at: https://vinepair.com/booze-news/cannabis-impact-alcohol-sales-study/

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