The Cannabis Correlation – Every $1 Spent on Cannabis Leads to a Drop in Alcohol Sales of $0.75 to $0.85 Says New Canadian Study
Written by on May 26, 2023
Specifically, he discovered that for every dollar of legal marijuana sold, there was a tie to declines in alcohol sales between 74 to 84 Canadian cents. Prof. Armstrong says the findings are not causative though it does suggest that alcohol is being replaced by cannabis. Additionally, he found that sales of alcohol from 2017 to 2018 were around 1.8% less than they would have been, had Canada not regulated medical cannabis.