This is pretty much the explanation---the decline in alcohol revenue mirrors the rise in cannabis sales. The alcohol decline started in 2012, when the first states legalized marijuana.
https://www.visualcapitalist.com/cp/daily-cannabis-vs-alcoho...
I still prefer alcohol as it's self-regulating for me. It lets me know the next morning when I've overdone it.
I still prefer alcohol as it's self-regulating for me. It lets me know the next morning when I've overdone it.