A recent survey reveals that over 50% of cannabis users reduce or completely stop their alcohol consumption after using marijuana. The poll, conducted by NuggMD, a marijuana telehealth platform, lends credence to the expanding theory of a substitution effect, according to which people are increasingly choosing marijuana because they believe it to be safer compared to alcohol.
When asked about the impact of marijuana use on their drinking habits, 54% of respondents reported drinking less or completely stopping. Meanwhile, 22% stated that cannabis did not affect their alcohol consumption, and 14% said it depended on the situation. Only 9% indicated that they consumed more alcohol after cannabis use. The survey was conducted between January 9 and 12, gathering responses from 381 marijuana users.
These findings align with an expanding body of research showing that user behavior is evolving as more states legalize marijuana, allowing greater access to regulated products.
For instance, a study backed by NIDA and published last month discovered that young adults are almost three times as likely to consume cannabis daily or almost daily than alcohol. The study provided more detailed, age-specific data compared to a previous study, which showed that daily marijuana use among Americans has surpassed daily alcohol consumption. Furthermore, alcohol consumers were more likely than cannabis users to acknowledge the potential benefits of reducing their intake.
Similarly, research published in the Addiction Journal last May found that more American adults now use cannabis daily as compared to alcohol.
Another study, conducted by Bloomberg Intelligence (BI), suggests that marijuana is increasingly replacing alcohol as legalization spreads and attitudes toward harm change. The survey also found that many people substitute cannabis for painkillers and cigarettes.
According to a different BI research published in September, the alcohol business is facing an increasing amount of competition as a result of the burgeoning legalization movement. The results of the survey indicate that more people are choosing cannabis over alcoholic drinks like wine and beer.
The trend is not limited to the U.S. Research from Canada, where cannabis is legal federally, revealed that legalization led to a decrease in beer sales, further indicating a substitution impact.
Additionally, a survey conducted by Morning Consult and APA last year revealed that Americans consider cannabis significantly less harmful than opioids, cigarettes, and alcohol. Respondents also rated marijuana as less addictive than the others.
These poll findings confirm some of the trends that industry firms like Aurora Cannabis Corp. (NASDAQ: ACB) (TSX: ACB) have been observing in the jurisdictions in which they operate.
About CNW420
CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of an article each business day at 4:20 p.m. Eastern – a tribute to the time synonymous with cannabis culture. The concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.
To receive SMS alerts from CNW, text CANNABIS to 888-902-4192 (U.S. Mobile Phones Only)
For more information, please visit https://www.CannabisNewsWire.com
Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: https://www.CannabisNewsWire.com/Disclaimer
CannabisNewsWire
Denver, CO
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com
CannabisNewsWire is powered by IBN