MJ Complements Wine and Beer, Liquor Not So Much

Dear Client:A lot of discussion around the beer industry centers around whether legalized recreational marijuana will affect beer demand as more states legalize the drug. An old University of Montana study suggests that legalized weed could affect beer sales by as much as 5%, but many consider that study to be flawed. In fact, Bernstein research shows that per capita consumption of beer is declining in states which have legalized medical marijuana as well as in states which haven't --