After a booming summer for socialising, things are starting to cool off. Inflation and the cost of living crisis are catching up with consumers who might still have some pent-up desire to go out. These conflicting desires leave consumers dangling between spend and save, while still looking for ways to continue their social lives.
In this podcast, Shane MacGuill, Euromonitor International’s Global Lead for Nicotine & Cannabis discusses the drivers of environmental sustainability regulation in tobacco and cannabis industries, its role and implications on businesses and consumers.
The legalisation of the cannabis industry in California in 2016 signalled the end of the illegal market and promising economic gains. Today, leading California cannabis companies warn that they’re on the verge of collapse as most local governments have been reluctant to loosen regulatory frameworks, reduce taxes, permit wider range of product formats, and establish more attractive distribution systems for easier access. Euromonitor’s Shane MacGuill highlights the importance of having a clear purpose for legalisation that would set the basis for well-balanced regulatory frameworks and a smooth transition from illegal to legal cannabis consumption.
The pandemic has aroused a range of different feelings, leading some to increased anxiety and stress, and others to a higher proactivity and “can-do” attitude. Products to enhance focus and attention are becoming more popular at the same time as products intending to increase relaxation and calmness. Pandemic-related needs have brought this polarised trend into beverages, consumer health and cannabis, but where will it go from here?
Latin America is expected to be the second fastest-growing region for cannabis over the next five years. In this episode, Shane MacGuill, global lead of nicotine and cannabis, joins Erwin Henriquez and Rodrigo Mattos, two of our cannabis experts based in Latin America, to discuss the current landscape, emerging trends and opportunities for cannabis in the region.
Euromonitor International’s Senior Research Analyst Alex Esposito interviews Cindy Bryant, Chief Business Officer at Demetrix about the world of cannabinoids beyond THC and CBD. Cindy explains Demetrix’s unique approach to using fermentation to…