Is Legal Marijuana Hurting Beer Sales?

Posted on Apr 21, 2017 in Checkers Old Munchen Blog

Legal marijuana sales have been sweeping the nation, with many states recognizing it as therapeutic treatment. But is it possible it’s infusion in our economy has put a strain on the beer market? The Wall Street Journal thinks they have an answer:

“The analyst noted during the three most recent cycles of alcohol consumption there was a “notable inverse correlation with cannabis use.” She cited how during the 1980s and 1990s alcohol consumption fell 22 percent while marijuana use rose 18 percent…” [ Read more here ]

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