“Daily Cannabis Use In the U.S. Has Surpassed Daily Alcohol Use for the First Time”
Hedgeye’s Consumer Staples analyst Daniel Biolsi discussed a significant paradigm shift with Keith McCullough on The Call @ Hedgeye this morning.
“Far more people drink alcohol, but high frequency drinking is not as common,” explained Biolsi. “In 2022, 42% of past month cannabis users reported daily or near daily use compared to about 11% in alcohol.”
How will this shift affect alcohol sales?
Watch the full clip to hear Biolsi’s answer.
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