Themes 2020

Cannabis

Cannabis Sector Icon
Consumer Sector Icon

What developments do you expect to see in the cannabis industry in 2020?

We expect the cannabis industry to generate $85B in US sales in 2030. However, the nascent legal cannabis industry faces challenges as it evolves into the mainstream, despite encouraging consumer and political trends. Increased demand has been balanced by supply shortages and slow retail rollout in Canada.

Growing adoption of THC and CBD products in the US, along with political advances toward legalization, have been offset by concerns around vaping-related illnesses and a persistent illicit market. Incidence trends lead us to believe these headwinds will become positive catalysts as this global sector evolves from infancy. However, investors should expect volatility matching the disruptive size and potential of the cannabis industry in 2020 and beyond.

What we’re watching:

  • Profitability
  • Canadian Cannabis 2.0
  • Retail rollout
  • Illicit market
  • Vaping issues
Themes 2020

15 Themes to Focus on 2020: A Handbook for Portfolio Managers

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Research

Podcast
Concept representing the state of the consumer and Cowen's Thematic Podcast. Against the blue backdrop of a digitized map of the world are three buttons, or choice points, a cart, a cursor, and a small image of an interconnected globe, all representing the state of the consumer.

The State of The Consumer

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Team Meeting

The Benefits of Pragmatic Hedge Fund Consulting

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Podcast
Concept for the intersection of digital assets and carbon credits as it is a geometric cube-like building with greenary all around representing sustainability and digital.

Carbon Credits and Blockchain with CarbonPath

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Events

Boston, MA

Sep 07, 2022

15th Annual Global Transportation & Sustainable Mobility Conference

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Boulder, CO

Aug 08, 2022

8th Annual Communications Infrastructure Summit

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Virtual

Jun 22, 2022

7th Annual FutureHealth Conference

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