A recent podcast, hosted by three Rabobank executives, looked at how cannabis is affecting the wine and spirits market in Canada and abroad. The three analysts were Boucard Nesin, a beverage analyst; Jim Watson, a senior beverage analyst; and Stephen Rannekleiv, Rabobank’s executive director of food and agribusiness research. All three are based in New York City and were joined by Jennifer Maloney, who covers the beverage industry for The Wall Street Journal.
The most import drinks trend of last year, they concluded, is the entry of legalized, recreational cannabis into many states. The panel explored how legalized cannabis is currently affecting the Canadian market and made predictions about what is likely to happen in the U.S. over the next year.
The New Cannabis Frontier
Nesin shared that by far the most important drinks trend of last year was the entry of legal cannabis