Hemp extract wellness product company Charlotte’s Web reported financial results for the first quarter of 2022. “While our e-commerce traffic was lower compared to prior periods, subscriptions more than doubled since Q1-2021. With e-commerce revenue down $3.0 million year-over-year, rebuilding traffic and conversions remain key priorities for us in e-commerce, which is our largest revenue…
CBD Growth Slowed in 2021
As a result of price compression and the shift to lower price point products, overall growth in the CBD industry slowed in 2021, according to Brightfield Group’s quarter one CBD market industry update. Also, with continued delays in regulation from the FDA, retail expansion remained relatively modest, with concentrated growth seen in emerging channels like…
Golden Grail to Enter CBD Beverage Market
Golden Grail Technology, after partnering with South African manufacturer Cannabis Sativa, announced that it will be introducing a CBD-infused beverage. Cannabis Sativa, who has been selling its CBD beverages for over seven years, is a premier South African organization specializing in the craft of hemp-infused beverages. Established in 2014, the operation has grown into the basket…
Wynk THC and CBD Infused Seltzers to be Distributed to Medicinal Patients in Oklahoma
Wynk THC & CBD Infused Seltzer will now be available to medicinal patients in Oklahoma. The seltzer is currently available in more states than any other cannabis beverage. Through a partnership with Stash House, Oklahoma’s largest distributor, Wynk’s 1-to-1 THC and CBD products are available now at 30 licensed dispensaries for consumers with a registered medicinal…
Blazy Susan Announces New Products
Blazy Susan, a respected and innovative brand in the CBD lifestyle space, has just introduced a new brand of premium full spectrum CBD products — Susan’s Own. Susan’s Own products are made exclusively in Colorado using all natural, vegan ingredients and only American-grown hemp. They contain every cannabinoid present in the plant, and thus provide…
Elevated Wellness Releases CBD Drops for Pets
Elevated Wellness is releasing CBD Broad Spectrum Oil Drops catered specifically for pets, with a focus on relieving stress, joint issues and hyperactivity. It uses a high quality premium ultra broad spectrum extract that has been third party tested to ensure dogs are consuming the safest product possible. Elevated Wellness CBD Broad Spectrum Oil Drops…