Market Forecast Update Image_square


Category-level state forecasts for U.S. now available!

Canadian province category forecasts coming soon!

View BDSA's recent Market Forecast Webinar, presented live on August 20, 2020.


The 2020 forecast is down slightly (<1%) from the forecast released earlier this year as a result of changes, primarily due to the impact of COVID-19, across global markets. 

Impact to the U.S. markets was generally positive:

  • Dispensaries in most jurisdictions were declared essential services and allowed to continue operations.
  • Stocking-up behavior seen earlier in the year continued through the middle of the year.
  • California, Colorado, Oklahoma and many other states have experienced record sales in the second quarter of 2020.

Outside of the U.S., major market forecast changes were driven by Mexico, Germany and the UK based on new data released by each of the countries.

For questions about market forecasts or any other BDSA product or service, please contact us here