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Stock impact report

Cannabis Use Is Indeed Driving Demand for Snacks, Delivery Apps [Financial Post (Toronto, Ontario, Canada)]

DoorDash, Inc. (DASH) 
Company Research Source: Financial Post
(Bloomberg) — The munchies are real. Daily users of marijuana are reshaping the consumer economy by buying more frozen food, and they're also ordering on delivery apps such as DoorDash and Uber Eats more than average, a new study found. One of their favorite delivery foods: Little Caesars pizza. Article content Consumers of cannabis with psychoactive THC skew younger and lower income, according to the study of almost 6,000 cannabis users released Thursday by Numerator, a data and tech company. Two thirds use a few times per week and 38% do so daily. They allot more of their grocery bill than average to snacks and beverages — especially sports and energy drinks, beer, frozen sandwiches, spirits, frozen pizza and frozen appetizers. Article content “Daily THC users have even more pronounced spikes in almost every category studied, with notable differences from regular THC users in candy, herbs & spices, frozen potato snacks, and packaged sweet snacks,” Numerator said in a pres Show less Read more
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