Cannabis Re-Engagement a Threat to Alcohol

Equity research firm Cowen has high hopes (pun intended) for the US cannabis market. In fact, they've raised their estimate for the US market to $80 billion by 2030, said Cowen beverage, tobacco and cannabis analyst Vivien Azer in a presentation this morning. Note, that estimate assumes national federal legalization. But Vivien thinks the Trump Administration could take on the issue in 2020, snatching the issue from Democrats. US MARKET BY THE NUMBERS. Currently, 34 states allow medical marijuana and