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US drinks industry ponders effect of cannabis legalisation
The Financial Times ^ | November 27th, 2016 | by: Scheherazade Daneshkhu in London and Lindsay Whipp in Chicago

Posted on 11/27/2016 12:51:41 PM PST by Mariner

This Thanksgiving, Californians may have been tempted to include an additional ingredient in their pumpkin pies. Marijuana was legalised in the US’s most populous state this month, reflecting a mellowing of social attitudes towards the drug.

Alongside the presidential election, five states voted on whether to legalise the recreational use of cannabis, with Maine, Massachusetts and Nevada, voting in favour, along with California.

But one sector is watching the spread of legalisation with a degree of trepidation: the $200bn US alcohol industry. Though alcohol and weed might seem eminently compatible to some, a number of brewers fear cannabis as a competitive threat, with some industry groups going as far as contributing funds to anti-legalisation campaigns.

Boston Beer Company, the largest craft brewer in the US with brands that include Samuel Adams and Angry Orchard cider, said the widening legalisation of marijuana posed a risk to its sales.

“It is possible that legal marijuana usage could adversely impact the demand for the company’s products,” argued its regulatory filing in February. The Massachusetts-based brewer added: “We also believe that impacts the craft beer industry.”

(Excerpt) Read more at ft.com ...


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: thc; wod
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Apples and Oranges.

The sale of one has minor affect on the other.

1 posted on 11/27/2016 12:51:41 PM PST by Mariner
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To: Mariner

Stoners bump for later....


2 posted on 11/27/2016 12:55:10 PM PST by indthkr
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To: Mariner

US Drinks, Industry Ponders effect of cannabis legislation...What did you say?

Dude, you just said that industry was drinking, and they passed some legislation about cannabis man?

No man, I’m saying that cannabis is causing drinking legislation. Dude, hang me that soda pop...

Wait, are you saying pot made the soda industry legislate the future of Industry? Dang man, that’s crazy...


3 posted on 11/27/2016 12:59:11 PM PST by Professional
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To: Professional

I forgot to spell that word write...


4 posted on 11/27/2016 12:59:53 PM PST by Professional
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To: Mariner

Anyone trying to deny either to an honest adult is a retarded leftist moron. Yeah, there are few misguided retards that think Reefer Madness was a documentary...oh well.


5 posted on 11/27/2016 1:19:12 PM PST by soycd
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To: Mariner

People love to combine them so it’s only adding another drug into the system.


6 posted on 11/27/2016 1:21:48 PM PST by Monty22002
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To: Mariner
> Apples and Oranges. The sale of one has minor affect on the other.

Optic one does marijuana you can get they drink too. Not always the other way around though.

7 posted on 11/27/2016 1:27:10 PM PST by jsanders2001
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To: Mariner

If you are stoned you can’t go to the local for another six-pack


8 posted on 11/27/2016 1:27:59 PM PST by TexasGator
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To: Mariner
> Apples and Oranges. The sale of one has minor affect on the other.

If one does marijuana you can get they drink too. Not always the other way around though.

9 posted on 11/27/2016 1:31:58 PM PST by jsanders2001
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To: Mariner

Here in KY the bourbon industry went from 2% annual growth to double digits. More distilleries are being built and existing ones are expanding capacity.

Of course good bourbon is not just some adult beverage. It is the nectar of the gods. And we have a lot of very good bourbon here. I would never smoke anything with good bourbon. In my youth I drank cheap bourbon, so that doesn’t count. ;-)


10 posted on 11/27/2016 1:39:19 PM PST by ChildOfThe60s ("If you can remember the 60s........you weren't really there")
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To: TexasGator
I drove drunk so many times it's a miracle I never killed anyone. By the grace of God today that isn't an issue with me. After one hundred years of drug prohibition it's time to ask ourselves are we winning or losing. As long as drugs are illegal and I'm sure drug dealers don't ask kids for id that certainly means drugs will always be available to kids.
11 posted on 11/27/2016 1:46:55 PM PST by jmacusa (Election 2016. The Battle of Midway for The Democrat Party.)
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To: Mariner

Weed makes you thirsty.


12 posted on 11/27/2016 1:57:29 PM PST by Hugin (Conservatism without Nationalism is a fraud.)
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To: Mariner

“The sale of one has minor affect on the other.”

Not really. If legalized, and all else being equal, it’d depend on cost & availability, to the public.


13 posted on 11/27/2016 1:59:17 PM PST by odds
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To: jsanders2001
Optic one does marijuana you can get they drink too.

Been trying the product early today? ;~)

14 posted on 11/27/2016 2:01:08 PM PST by Hugin (Conservatism without Nationalism is a fraud.)
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To: Hugin

“Weed makes you thirsty.”

That it do. Cannabis doesn’t give me the munchies, thankfully.


15 posted on 11/27/2016 2:06:17 PM PST by TheStickman (And their fear tastes like sunshine puked up by a unicorn.)
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To: Hugin
> Optic one does marijuana you can get they drink too. Been trying the product early today? ;~)

No, but I think my iPad hits the bong daily...lol

16 posted on 11/27/2016 2:06:25 PM PST by jsanders2001
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To: Mariner
"Marijuana was legalised in the US’s most populous state this month, reflecting a mellowing of social attitudes towards the drug."

Good lord. Who writes this crap?
17 posted on 11/27/2016 2:08:39 PM PST by LaRueLaDue
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To: TexasGator

What is Aleppo?

Weed makes people retarded.

https://www.youtube.com/watch?v=nKb2oiJluLk


18 posted on 11/27/2016 2:10:28 PM PST by Rome2000 (SMASH THE CPUSA-SIC SEMPER TYRANNIS-CLOSE ALL MOSQUES)
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To: Mariner

“We also believe that impacts the craft beer industry.”

Yup. They’re going to give up their IPA and switch to bud.


19 posted on 11/27/2016 2:20:37 PM PST by Flash Bazbeaux
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To: Mariner

Hangovers from booze are the reason I switched to cannabis.


20 posted on 11/27/2016 2:25:03 PM PST by Wolfie
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