A recent report from Global Market Insights details how health concerns and ailments have driven skyrocketing sales of CBD products during the global pandemic and will continue to rise at a brisk pace for the next several years. Although some consumer markets had lower revenues due to the pandemic, CBD sales have increased since…
Red White & Bloom Bringing Platinum Vape Live Resin to Michigan
Multi-state hemp-CBD and cannabis house of premium brands Red White and Bloom Brands Inc. and its wholly owned subsidiary RWB Michigan announced the debut of Platinum Vape (PV) Live Resin in Michigan. Previously only available in California and Oklahoma, PV Live Resin will soon be in the nearly 400 Michigan dispensaries that now carry Platinum…
USMJ CEO Outlines Growth Plans
North American Cannabis Holdings Inc. this week published a shareholder update with details on the company’s plans for adding $20 million in sales on top of the company’s growing sales from its expanding ecommerce business. The update from CEO Steven Rash is included in its entirety below: Dear Shareholders: USMJ’s launch into 2022 following…
CBD Tablet Maker Canntab Partners With Pharmacy Group
Toronto-based Canntab Therapeutics Ltd., a leading innovator in cannabinoid and terpene blends in hard pill form for therapeutic applications, announced last week that it has entered into an affiliate agreement with OnPharm–United, a 600-plus network of independent pharmacy owners throughout the Province of Ontario. OnPharm-United works to provide its members with the ability to maintain…
CBD Living Doubles CBD in New Vapes
CBD Living has upgraded its line of Disposable Vapes to contain double the amount of CBD – rising from 250 milligrams to 500 milligrams – at the same price point, giving consumers a better deal. CBD Living Disposable Vapes are available in three fruity flavors – Piña, Mango and Strawberry Banana – and are vegan…
Florida Cannabinoid Ingredient Maker Raises Certification Bar
Tavares, Fla.-based cannabinoid ingredient maker Palmate announced that it is now certified with the Brand Reputation through Compliance Global Standard (BRC) for food safety, placing it among the few CBD and cannabinoid ingredient companies with a certification recognized by Global Food Safety Initiative (GFSI). Following a comprehensive audit of its facility, systems and procedures by…
Charlotte’s Web Reports 2021 Q4, Year-end Financials
Full spectrum hemp extract wellness products maker Denver-based Charlotte’s Web Holdings Inc. last week reported financial results for the fourth quarter and year ended Dec. 31, 2021. “At the beginning of 2022 we took organizational actions, better aligned leadership and employees with shareholder interests, and simplified our business for focus, speed, and executional excellence.…
Oregon CBD Maker Joins Tree-planting Campaign
Portland, Ore.-based CBD manufacturer The Brothers Apothecary is showing a new way of “going green” for 4/20 this year by supporting nonprofit Trees for the Future (TREES) and its plans to plant millions of trees for Earth Day. The Brothers have worked with TREES in the past, nearing 100,000 total trees planted. “Support from companies…
Cannabinoid Cigarette COAST Smokes Expands Flavors
Cannabinoid cigarette brand COAST Smokes has expanded its collection of organic CBD and CBG smokes to include a total of eight flavors. The classic flavors included Original, Zero and Menthol, but the new Cherry, Berry, Grape, Lemon and Pineapple flavors offer smokers the same high-quality smoking experience with a fun and lighthearted twist. Made with…
Bluebird Botanicals Samples in Grammy Nominees’ SWAG Bags
CBD product manufacturer Bluebird Botanicals will attend a private gift lounge event for 2022 Grammy nominees and media in Los Angeles today, March 24. The event will gift attendees with swag bags filled with top-of-the-line products from participating companies. Bluebird Botanicals will gift samples of its newly released Adaptive Stress CBD Soft Gels – an…
CBD Global Sciences Set to Drop ‘CBD’ From Name
CBD Global Sciences announced this week that it has begun the process to formally change its name from “CBD Global Sciences” to “Global Sciences Inc.,” dropping CBD from its name. The company has begun to operate under the trade name “Global Sciences” until it has full shareholder and regulatory approval. This move comes with the…
Report: CBD Gummies Market to Double by 2028
A recent report by The Insight Partners valued the CBD gummies market at $2.13 B in 2021 and projects it will reach $12.18 B by 2028. The research study, “CBD Gummies Market Forecast to 2028 – COVID-19 Impact and Global Analysis By Category and Distribution Channel,” said the market is expected to grow at a…
Chicago Firm Hones Marketing for CBD, Cannabis Industries
Chicago-based marketing and communications firm R.R. Donnelley & Sons Co. (RRD) introduced an offering for cannabis and CBD companies designed to help them meet evolving product life cycle needs, including product differentiation at retail, regulatory adherence and supply chain continuity. The cannabis and CBD industries have gone through immense regulatory change over the last…
Study Will Probe Effects of CBD in Occasional Cannabis Users
Health Canada approved the amendment of a phase I study conducted in collaboration by leading cannabinoid-derived drug discovery and development company Tetra Bio-Pharma Inc. and Dr. Jutras-Aswad and the University of Montreal Hospital Research Centre. The study will assess the safety profile of low and moderate doses of inhaled CBD and determine the cognitive,…
Evo Hemp Supports Black Farmers Co-op
Hemp nutrition company Evo Hemp announced a new partnership with 40-Acre Cooperative, the only Black-led nationwide agricultural co-op for underserved farmers. Based in Sandstone, Minn., the cooperative has 34 active members in several states and two tribal territories who receive support and training on a variety of topics, including sustainable farming, to help regenerate the soil…
TheraOne CBD Maker Named to Most Innovative List
Wellness technology and product maker Therabody, home of wellness brand TheraOne CBD, has been named to Fast Company magazine’s prestigious annual list of the World’s Most Innovative Companies for 2022. Fast Company’s editors and writers sought out the most groundbreaking businesses across the globe and industries. They also judged nominations received through their application…
Day One CBD Sparkling Water Continues West Coast Expansion
Day One CBD sparkling water has united with LA Distributing Co. to manage and expand distribution of Day One across the California communities of Los Angeles, Orange, Riverside, San Bernardino, Ventura and Santa Barbara. “It’s exciting to align Day One with LA Distributing Company, a leading beverage distributor in the LA market,” said Chris…
Cannabis Payment Processor Expands to CBD Market
A leading cannabis retail financial payments processor is expanding its brick-and-mortar payments services to the CBD retail market. Seattle-based POSaBIT Systems Corp., provider of point of sale software and payments infrastructure in the cannabis industry, has entered the CBD market with its point of sale solution. POSaBIT is now live in over twenty CBD…
Boston CBD Attorney Recognized by Crohn’s & Colitis Foundation
Boston-based law firm Burns & Levinson partner Frank A. Segall, who chairs the firm’s Cannabis Business and Law Advisory Group, received the 2021 Modell Award from the Crohn’s & Colitis Foundation earlier this month. Segall was honored with his wife Karen and family – sons Brett and Jordan and daughter-in-law Stephanie – for their…
Kill Cliff Launches New Caffeine, CBD Beverage Flavor
Clean energy drink company Kill Cliff is releasing a second beverage in its trailblazing Octane product line: Laser Lemons. Octane contains 125mg of clean caffeine as well as 25mg of CBD and was launched with the Killer Cliffsicle in November 2020 to rave reviews from the industry and customers alike. Laser Lemons expands the flavor…
CbdMD Expands Offering at GNC Stores
Health & wellness CBD company cbdMD announced an expansion in product offerings online and in over 840 retail GNC stores nationwide. CbdMD first partnered with GNC in August 2020, and included a roll-out of three topical SKUs at under 100 retail stores nationwide. Due to consumer receptivity and overall purchasing performance, cbdMD is adding an…
New Nano Emulsion Tech Reshaping CBD Coffee Pods
An Israel-based company is innovating the coffee pods space, adding extra functional ingredients to the famous breakfast beverage using nano emulsion technology. Capsoil FoodTech, by Prodalim Ltd., introduced a its novel platform that provides new opportunities for coffee lovers to boost their coffee routine with more than just a wakeup call. The company uses…
High Tide Debuts Fab CBD Subscription Service
Calgary, Alberta-based High Tide Inc. announced that its subsidiary, Fab CBD, has launched a CBD Subscribe-and-Save discount program in the United States. The company is a long established retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets. Under the program, customers will be able to customize their orders each month to suit their…
Hometown Hero CBD Launches Premium Delta-9 Gummies
Hometown Hero CBD, the veteran-supporting cannabusiness specializing in manufacturing hemp-derived THC and CBD products, released its Northern Lights, Gelato and Blue Dream Live Rosin Gummies. Like their predecessors, the new gummies come in packs of 10, with each confection containing 25 milligrams of Delta-9 THC from hemp and 5 milligrams of live rosin concentrate.…
Clinical CBD Maker Corganics Adds Pharma Exec to Board
Dallas-based life sciences and clinical cannabinoid company Corganics announced Jeff Hartness has joined its board of directors. Hartness currently serves as a senior vice president at Bausch Health and brings more than 25 years of pharmaceutical and health care industry experience to Corganics. “Jeff’s successful and diverse background crosses all channels and segments of…