115+ cannabis start-ups disrupting the beverage menu
This cannabis beverage market map highlights over 115 brands that are organized into categories much like their traditional, non-cannabis counterparts.
Cannabis drinks are upending the beverage industry. Alcohol-free beverages are growing in popularity and alcohol giants like Constellation Brands and Molson Coors have entered the cannabis space. The result? Cannabis-infused drinks are a rapidly growing beverage segment appealing to a wide range of consumers.
In the past 16 months, Canopy Rivers has seen approximately 1,800 start-up pitches and identified over 115 cannabis beverage brands disrupting the drinks industry.
The Cannabis Beverage Start-Up Landscape
We don’t expect this number to stop growing either. Like its traditional counterpart, cannabis beverages fall into categories including soda, water, tea, shots, sports, coffee, juice, tonic, beer, wine, and spirits. Some brand themselves as social alternatives to alcohol, offering varying levels of THC. Others promote mental or physical well-being using CBD. Newer brands are marketing cannabis as an ingredient in niche products designed for specific purposes such as sleep or sports recovery.
Our cannabis beverages landscape organizes the segment into categories, providing an overview of this highly competitive market.
Did we miss a brand? Send us an email at info@canopyrivers.com to let us know.
This is not an offer to sell or a recommendation to trade in any securities. This information is provided as of the date hereof. This document contains data obtained from third parties that Canopy Rivers has not independently verified. This document also contains forward-looking information within the meaning of Canadian securities law, which is based on certain assumptions. While management believes these assumptions are reasonable based on information available as of the current date, they may prove to be incorrect. Many assumptions are based on factors outside of Canopy Rivers’ control and actual results may differ materially from current expectations. Forward-looking information involves risks, including, but not limited to, the risk factors set out in Canopy Rivers’ most recent Management’s Discussion and Analysis and Annual Information Form. You should not place undue reliance on forward-looking information. Except as required by applicable law, Canopy Rivers assumes no obligation to update or revise any forward-looking information to reflect new events or circumstances.