As 2018 comes to a close, we look back at the things we learned about cannabis this year. Because yes, no matter how much we love our weed and no matter how long we’ve been sharing information about it, there’s always something new to learn and there’s always something new happening.
These are the things we learned about marijuana in 2018:
Beer has a serious competitor in cannabis.
As cannabis and cannabidiol (CBD) become more popular and as knowledge about their benefits become more widely known, people are slowly veering away from tobacco and alcohol. People have realized — and studies have shown — that these two are far more addictive and harmful to the body than cannabis is. So, to cope with the crippling drop in sales and to ride along with the hype, beer companies are coming up with new beer formulas that contain CBD or cannabis.
In fact, analysts are expecting cannabis-infused beer and other cannabis-infused beverages to become a $600-million market in the United States in just four years. There have also been a few companies, like Constellation Brands and Blue Moon, that have decided to invest in cannabis companies or formulate their own cannabis-infused beer.
We actually had a special report on cannabis beer here.
Big businesses are scrambling to get a piece of the pie.
Multinational companies like Coca-Cola are looking into ways to get into the cannabis market and cash in on weed.
Large cannabis companies are listing on major stock exchanges.
Large cannabis companies are going real big by listing its shares on major stock exchanges.
For instance, Cronos Group was the first cannabis company to be listed on a major U.S. stock exchange when it began trading on the Nasdaq Stock Market in February. Aurora Cannabis Inc. listed on the New York Stock Exchange in October. Canopy Growth also listed on the New York Stock Exchange in May.
Cannabis gains acceptance in a growing number of conservative Asian countries.
Asian countries, which have the most conservative views on cannabis legalization and the strictest anti-drug policies, are becoming more receptive of the benefits of weed. In fact, there have been huge milestones in Asia where medical cannabis is concerned.
Thailand, for instance, became the first country in Southeast Asia when it legalized medical pot just a few days ago. The move is said to be the Thai government’s New Year’s gift to the Thai people.
There’s also South Korea, which became the first nation in East Asia to legalize medical pot. The new law came as a surprise for everyone in November.
Malaysia is also expected to legalize medical cannabis sometime soon.
Check out our article on the major cannabis milestones for 2018 here.