Marijuana regulation is associated with declining alcohol consumption validated by various government and private research reports.
Cannabis is also known as marijuana. It is a psychoactive drug from the Cannabis plant. Native to Central Asia and the Indian subcontinent, the cannabis plant has been used as a drug for both recreational and entheogenic purposes and in various traditional medicines for centuries.
Humans have consumed terpenes for hundreds of years. These organic compounds are highly abundant in many plants that have been consumed for flavor, aroma or therapeutic purposes since ancient times.
One analysis by research firm Cowen & Company was largely reference by national outlets such as Time and Money magazines among others.
The study found that the state of the beer industry in Colorado, Oregon and Washington–states where both recreational weed is legal and craft beer has become popular. In those states, beer markets have “collectively underperformed” over the last two years, trailing behind beer sales around the country.