
In recent years, the cannabis industry has brewed up a new trend that’s been making waves – cannabis drinks. From sparkling waters and seltzers to teas and mocktails, the variety is vast and the curiosity is high. But with so much buzz around these beverages, it begs the question: Are cannabis drinks really worth it?
The Buzz Behind the Beverages
Cannabis drinks promise a unique experience – the ability to sip your way to relaxation or a mild high without the smoke or vape. With brands like CANN leading the charge with their “social tonics,” boasting a mere 2 mg THC and 4 mg CBD per can, these beverages are marketed towards those seeking a gentle buzz, perfect for a social setting without the risk of overindulgence.
Then there are options like Higher Vibes, offering a more potent punch with 10 mg of Delta-9-THC and 10 mg of Delta-8-THC per can, catering to those desiring a stronger effect but still within a manageable threshold.
The Growth and Acceptance
The market share of cannabis beverages has shown a steady climb. In Canada, this category’s market share soared to over 2.1% by the end of 2021. The U.S. market observed a more moderate growth, marking just over 1.1% by January 2022. California, in particular, saw a nearly double increase in beverage product offerings by the end of 2021, highlighting a surging interest.
Price Points: A Deciding Factor?
As intriguing as these products are, their price points play a crucial role in determining their worth. The average item price (AIP) for cannabis beverages has been on a decline in the U.S., indicating increased accessibility. However, the price per milligram of THC varies significantly between the U.S. and Canada, largely due to regulatory differences affecting THC potency limits. For instance, the AIP for cannabis beverages in Canada dramatically dropped from $16.21 to $6.58 per product within a year, showcasing a rapid market adjustment post-introduction.
The Verdict
So, are cannabis drinks worth the buzz? It depends on what you’re looking for. If you’re in pursuit of a light, sociable buzz with a variety of flavors to choose from, and don’t mind the premium for a can of mild euphoria, then yes – cannabis drinks offer an innovative and enjoyable way to experience cannabis. For those seeking more potent effects or are more price-sensitive, the verdict might lean towards traditional consumption methods.
As the market continues to evolve and prices potentially stabilize, cannabis drinks stand as a testament to the industry’s innovation and versatility. They might not replace your favorite strain or edibles anytime soon, but they certainly offer a refreshing alternative for those looking to dip their toes into cannabis culture or enjoy a subtle buzz without the smoke.
Whether you’re curious about the mild “social tonics” or the more robust offerings, the world of cannabis beverages is ripe for exploration. But, as always, the value is in the eye of the beholder – or, in this case, the drinker. Cheers to cannabis culture’s latest concoction!
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