to buy already failing craft brewers - the US young uns are moving to cannabis.
Too bad Tilray doesn't sell cannabis in the US.
With recreational marijuana now legal in 24 states, the U.S. Drug Enforcement Administration is moving to reclassify the drug to a less dangerous category under the Controlled Substances Act.
This comes as daily marijuana users now outnumber daily drinkers for the first time ever, according to a new report from researchers at Carnegie Mellon University.
The change in preference is largely being driven by young people. Of people aged 18 to 24, 69% prefer marijuana to alcohol, according to a 2022 survey by New Frontier Data, a cannabis research firm.