Declining Growth in Recent U.S. Cannabis Sales?

<p>As of late June 2022, only 14% of all products in the US that were launched since January 2020 are still on the market. This varies by category. </p><p>The median lifespan of a US Flower product is only 100 days, while the median lifespan of a Beverage is 315 days. Strain-focused categories like Flower, Pre-Rolls, Concentrates, and Vapor Pens tend to have significantly shorter product lifespans due to the cyclical nature of harvests and strain popularity.</p><p>When we focus our analysis on non-inhalable categories like Edibles, Beverages, Topicals, Capsules, and Tinctures & Sublingual products, we find that 43% of products launched since the beginning of 2020 are still on the market. </p><p>That means that more than half of these products have failed at some point in the past 2.5 years. A full third of products from these categories never sold for more than 180 days.</p><p>Episode 1017 The #TalkingHedge looks at Headset’s data…</p><p>#CannabisIndustry #CannabisData #MarijuanaData #CannabisAnalytics #MarijuanaAnalytics #CannabisSalesData #MarijuanaSalesData</p><p><a href="https://youtu.be/19zKji_Xcfo">https://youtu.be/19zKji_Xcfo</a></p><p> </p>