Below is a complimentary excerpt from an institutional research note written by our Cannabis analysts Howard Penney and Daniel Biolsi that includes a survey from CivicScience. If you are an institutional investor interested in accessing our research email sales@hedgeye.com |
Survey shows trends in cannabis usage in the age of COVID
A survey conducted by CivicScience, between April 18, 2020 – July 17, 2020, found that at least 1 In 6 American adults responded to use cannabis at least a few times each year.
Gen Z (18 – 24) has the highest usage, which bodes well for the longer-term prospects. The caveat to that is the daily usage of cannabis is higher among the 25 to 54 cohort.
Take a look below.