Beverages are emerging as one of the fastest-growing segments of the cannabis industry.
The cannabis beverages are forecasted to outpace the growth of the overall cannabis market by approximately 1.5x.
To highlight this, Google search demand for "CBD" has risen 144% in five years. Most of that growth occurred between mid-2017 and mid-2019.
Whereas, searches for "CBD drinks" are up 450% and continue to climb in 2022.