Pete Wang Analyst
shanghai
Chinese, English
About Pete
Pete conducts research and strategic analyses on all aspects of services and payments, for banks and industry associations to map out the potential evolution and intersection of these industries.
Pete works on services and payments - the intersection of consumer finances, digital, consumer foodservice and travel. He is passionate about researching the development of payment systems and related innovation. He is always seeking creative solutions to the complex webs of political, economic and financial interconnectivity that shape our globalised world.
Related to Tobacco
Fizz with a Buzz: The Rise of Cannabis Drinks in the US
Erwin Henriquez
“Minnesotans live in the future” was the most popular quote in the cannabis industry in 2023 after the state legalised products containing less than 10mg of hemp-derived THC per package to be sold in retail stores across the state. According to industry players and retailers in the state, hemp-derived THC products saw incredible growth and overnight success, with liquor stores reporting that up to 10% of their sales were coming from these types of products in the first couple of months.
ICBC Barcelona: Mitigating Uncertainty in Legal Cannabis
Shane MacGuill
This year’s ICBC Barcelona took place in March, in the shadow of uncertainty. The legal cannabis industry has been struggling against several headwinds – lack of regulatory momentum, continued consumer ambiguity and capital constraints – which are collectively clouding the outlook for operators in one of the world’s youngest consumer sectors.
Key Trends for Cannabis in Japan: Law Amendments and New Opportunities in CBD Market
Aya Suzuki
Euromonitor International’s latest research in 2023 reveals a staggering growth in the Japan’s cannabis market over the past four years, expanding approximately sixfold from JPY4 billion (USD26.3 million) in 2019 to JPY24 billion (USD173.8 million) in 2023. This surge is attributed to the rising demand for products offering relaxation, sleep improvement, and stress relief.