CBD’s National Rollout Requires Execution, Not Just Excitement

With CVS, Walgreens and Rite-Aid all moving in lock step with CBD products, general retailers are now required to develop their own CBD related strategies. Such was the focus at last week’s CBD and the Future of Cannabis conference, where convenience store operators learned more about the opportunities with CBD. And for a group that has seen their already slim margins shrink due to lower cigarette sales, CBD offers a new high-growth itemnto stock. Continue reading “CBD’s National Rollout Requires Execution, Not Just Excitement”

Make Marijuana Legal? Gen X, Millennials, and Generation Z Say Yes. Most Boomers? Nope

There continues to be a substantial push toward the legalization of marijuana in the United States. Across demographic groups, all but one generation of Americans support the legalization of cannabis, according to a Quinnipiac poll released Wednesday.

The only group not ready to let everyone legally light up? Adults over 65 years of age. Only 44% of that age group said they would support legalization, while 49% were against it. “The baby boomers say no to the drug that helped define an era, while the millennials say bring it on,” noted Tim Malloy, the assistant director of the Quinnipiac University Poll. Indeed, 85% of voters ages 18 to 34 years old said they were in favor of legalized weed, and among older millennials and Gen X voters surveyed, ages 35 to 49, 63% were also in favor of legal pot. Continue reading “Make Marijuana Legal? Gen X, Millennials, and Generation Z Say Yes. Most Boomers? Nope”