With Christmas just 100 days away, a new survey reveals that a quarter of shoppers have already begun their holiday shopping, driven by concerns about popular items selling out. The fear of missing out, coupled with a desire to spread the cost and find the best deals, is leading shoppers to embrace early holiday shopping strategies.
The cannabis edibles market is exploding, with gummies taking the lead. Wyld, Incredibles, Wana, and Kiva-Camino are the top contenders, capturing a significant share of the market. Consumer loyalty is high, with 45% consistently purchasing the same brand. Word-of-mouth recommendations also play a vital role in driving consumer choices. This booming industry, estimated at $2.2 billion, is attracting numerous brands eager to capitalize on the growing demand for edibles.
Daniel Newman, CEO and Principal Analyst at Futurum Research, provides his expert insights on Amazon’s recent earnings report. Newman highlights key takeaways, growth drivers, and potential challenges for the e-commerce giant.
