According to cannabis data firm Headset, since the launch of cannabis beverages in Canada around January 2020, the market share of this category has seen significant growth until reaching a peak of 2.1% of the total Canadian market in December of 2021. With a long history of beverages in the US, market share has experienced slower, more consistent growth in the US over the same time period.
The count of cannabis beverage products has grown faster in California than in any other US market. By the end of 2021, California had doubled its product offerings to just over 530 distinct cannabis beverage products.
Segment shares are very different between the US and Canada. In the US, the largest beverage segment is the Drops, Mixes, Elixirs, and Syrups, which made up 27.7% of total beverage sales from January 2020 to January 2022. In Canada, carbonated beverages are the biggest segment, which made up 51.5% of sales during the same period.
As the cannabis beverage segment matures in Canada, prices seem to be stabilizing for the products. In January 2020, Canadian Beverage products averaged at $16.21 per product. By January 2021, the AIP for Beverages in Canada dropped 146% to $6.58 per product. The AIP of Beverages in Canada has been stable since July 2020, hovering around $6 per product.
Here are the best cannabis beverages for the summer:
Name of Product: Hi5 Energy States Available: MA and ME Price: $18/4-pack ($5.50 per can) Product Info: With 5mg of THC and 80mg of caffeine, Hi5 Energy is formulated to lift you up quickly and keep you there. It’s made for those of us who seek a little excitement in our daily lives, but aren’t trying to jump motorcycles over the Grand Canyon or skydive from space. |
Name of Product: Levia Link to Images: HERE States Available: MA Price: $25/4-pack ($7 per can) Product Info: Rooted in simple, delicious, all-natural ingredients, LEVIA cannabis infused seltzers & tinctures are the new way to imbibe. Our proprietary process delivers crisp & refreshing cannabis-infused drinks with zero calories and sugar. So you can enjoy a better tasting, better for you, buzz. Enliven your day, chill your nights and raise your spirits — one soul-lifting sip at a time. |
Name of Product: Select Squeeze States Available: AZ, CA, CO, CT, FL, ME, MD, MA, MI, MO, NV, OH, OK, OR, NY, NJ, UT, VT Price: $25 Product Info: Squeeze beverage enhancer is a water-soluble liquid infused with nano-emulsified cannabis oil, transforming any drink into a THC-infused, flavor enhanced experience. With a gentle squeeze, the pocket-sized self-measuring bottle offers a precise 5mg serving every time. Flavors include Lemon Lime, Watermelon, Strawberry Lemonade, and Hint of Sweet. |
Name of Product: Endless Coast
States Available: MA Price: $4/seltzer OR $3.50/seltzer when you buy a four pack Product Info: Powered by nano technology, Endless Coast Cannabis-Infused Seltzers provide an accelerated onset of calming effects that are low dose and low in calories, sugar and carbs. Offering a carefully crafted alcohol alternative that lets you hang loose without that next day hangover, the product is available in four micro-dosed options:
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Name of Product: Wyld CBD Seltzers States Available: Nationwide Price: $15.96 Product Info: We’ve cultivated these flavors over the years, carefully honing our recipes to create edible (now drinkable!) delights that enhance every moment with real fruit flavors and THC free hemp.
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Name of Product: Klaus Mezzrole States Available: CA Price: $12 Product Info: If you’re looking for a unique kind of cocktail this summer, Klaus is the name you need to know. From the “Cocktail Whisperer” himself Warren Bobrow, Klaus’ debut drink, the “Mezzrole” is cannabis-forward with the bold aromatics of terpenes from the Hippie Crasher strain. Then come dollops of zesty and zippy on the tongue with caramelized, spicy ginger cane syrup framed by exotic French lime puree. Rice vinegar carries each sip into a multi-minute finish, ebullient with bursts of heady salt spray splashing over crushed minerals. Clocking in at only three, culinary-grade ingredients and 10mg THC per can. |
Name of Product: MXXN States Available: CA Price: $79.99 / 750ml bottle Product Info: MXXN (pronounced ‘moon’), is the cannabis industry’s first 1:1 non-alcoholic replacement for gin, tequila and bourbon, making it the perfect sub for alcohol in your summer cocktails. MXXN’s Kentucky Oak can take the place of bourbon, London Dry for gin or the Jalisco Agave for tequila. Refreshing cocktail recipes below: 1oz MXXN Jalisco Agave 2 oz lime .5 oz simple syrup 1 oz MXXN London Dry 2oz Lychee Puree 1 tbsp Simple Syrup 1 tbsp lime juice Top with soda water Ginger MXXN NEW Recipe 1 oz MXXN Kentucky Oak 1 tbsp fresh lime juice ½ cup ginger beer MXXN is best dosed as follows: 2mg THC (0.5 oz) 4mg THC (1 oz) and 6mg THC (1.5 oz) |
Name of Product: TeaPot Good Day Iced Tea Link to Images: HERE States Available: Canada (Starting July) Product Info: From the makers of Sam Adams (NYSE: SAM), Truly Hard Seltzer and Twisted Tea, this new line of cannabis beverages comes just in time for summer. TeaPot pairs the right tea with the right pot for the right occasion. The brand’s first release is a Good Day Iced Tea, made with real lemon black tea and infused with Pedro’s Sweet Sativa. Each 12-ounce can of TeaPot contains 5mg of THC and is crafted to minimize any cannabis taste or aroma. Additional varieties of TeaPot will be announced in the coming months. |