As the market for therapeutic products containing cannabis and hemp extracts continues to rapidly develop, several studies into the medical capabilities of cannabidiol also show that it may act as an antibacterial and an antibiotic. Cannabis produces a group of unique chemicals called cannabinoids, and they hold most of its medical potential. The most…
CBD Products Headed to Coastal Circle K Shelves
More than 400 Circle K stores throughout North Carolina, South Carolina and Virginia will soon carry a line of CBD products from Ignite International Brands, a Los Angeles-based global consumer packaged goods brand. The partnership between the companies calls for the launch of two CBD gummies, two CBD sport creams, three CBD essential oils…
CBD & Hemp Market Cutting Traditional Retail’s Way
Cannabidiol (CBD) and hemp are trending in a big way in 2020, and their presence is expected to only grow bigger. The 2018 Farm Bill legalized the production of hemp when it removed hemp from the definition of marijuana in the Controlled Substances Act. Because CBD is found in hemp, it effectively legalized CBD…
D.C. Leads Online CBD Retail Startups
SCARBOROUGH, Maine – According to new CBD start-up information provided by the Maine-based CBD payment solution Organic Payment Gateways, Washington, D.C.; Vermont; and Colorado have the highest rates of online CBD start-ups when adjusted for population. Washington is the most active. Due to the long history of cannabis acceptance in this pair of states…
CBD Retail Trends Conference Shifts to Virtual Format
We’ve gone virtual! Our CBD Retail Trends Conference is now an online opportunity for those looking to gain insight into maximizing opportunities presented by the burgeoning CBD marketplace. Because of the COVID-19 health emergency, CBD Retail Trends has modified the original in-person conference. The webinar version keeps the same dates – May 6 &…
Yesway Partners With BettermentRS for CBD Procurement, Distribution and Training
Yesway has partnered with BettermentRS for procurement, distribution and training in the CBD space. BettermentRS provides distribution or 3PL supply-chain solutions to get those CBD products to market. The company has currently on-boarded 17 CBD products across six brands into Yesway convenience stores, including CBD Living, Eco Sciences, Apis Mercantile, Cannadips, Vance Global and King…
Report: Pet Products Could Reach 5% of CBD Sales by 2025
NEW YORK – Global measurement and data analytics company Nielsen released a new industry report that illuminates the impact of hemp-based cannabidiol (CBD) within the U.S. pet care market. According to the 2020 Pet Industry Green Paper by Nielsen and Headset, a leading cannabis data and analytics provider, hemp-based CBD pet products will represent 3%…
Florida CBD Outlet Ready to Roll Out Franchises
Natural Life adding two more stores, hoping to attract operators in Midwest, on East and West coasts. TALLAHASSEE, Fla. – Florida-based cannabidiol (CBD) products retailer Natural Life Franchise Corp. is ready to start rolling out franchise locations. The company currently has five corporate-owned locations spread across the Tallahassee, Tampa and Jacksonville markets in its…
‘Selling CBD’ Podcast: VERC Enterprises Moving Full Speed Ahead on CBD
Is CBD about to take off? VERC CEO talks about the company’s investment in getting ahead of the retail curve. While some c-stores are laying back, assessing the developing CBD marketplace, one chain is moving full speed ahead into connecting its customers with the benefits of CBD-related products. CStore Decisions Senior Editor Thomas Mulloy…
New Name, New Direction, New Product for US Lithium
Launch of topical pain cream and wholesale website accompany name change for CBD products maker. US Lithium Corp., soon to be renamed BioELife, this month has launched its beta ecommerce website, www.bioelife.net, and began shipping its newest product, a highly concentrated topical 2,000 mg CBD intensive pain cream called ChiroRub 2000. The new site will…
Product of the Year Honors for cbdMD
Sleep aid, pain cream win pair of inaugural CBD award categories in prestigious annual independent consumer vote. Nationally recognized consumer cannabidiol (CBD) brand cbdMD Inc. has won two categories in the prestigious 2020 Product of the Year USA Awards organized by independent research firm Kantar Media Group. CBD PM and CBD Freeze products have been…
Cannabis Beauty Market at Turning Point
Public acceptance, natural and holistic profile will drive wellness and personal care demand for CBD-related products. The beauty and personal care market is lucrative for cannabis-derived products. Global retail sales are expected to reach $513 billion in 2020 with nearly 20% of sales generated from North America, according to Euromonitor International. Not surprisingly, Canada…
Anticipated Regulatory Changes May Create Perfect Storm for CBD Market
Proposed federal legislation could reduce uncertainty, open up hemp-based and cannabidiol products market. The CBD, or cannabidiol, segment is one of the fastest-growing within the cannabis industry. Overall, the CBD market has accelerated at a tremendous pace as various studies have debunked the common misconceptions swirling around the compound. CBD is now known to offer…
New Method of Infusing CBD in Beverages
Nanoemulsion makes CBD oil water soluble, enhances absorption speed and effectiveness of hemp-based additives. A decade ago, almost nobody had heard of CBD aside from a handful of researchers. Today it’s a different story. The expanding CBD market is estimated to grow at an explosive rate – from $5 billion in 2019 to $23.7 billion…
Colorado a Leading Voice on Hemp Industry Banking Access
Proposed law would address current federal restrictions that prohibit banks interacting with hemp, cannabis and marijuana businesses. Colorado Gov. Jared Polis unveiled a plan through which he seeks to have the federal government increase the number of financial institutions conducting business with the legal marijuana industry. U.S. Rep. Ed Perlmutter, a Democrat who represents the…
Retail Outlet Distribution Deal Set for Major CBD Maker
Partnership has potential to add more than 4,000 retail outlets for growing GL Brands hemp-CBD products manufacturer. Global hemp consumer packaged goods company and house of brands GL Brands announced it has entered into a new U.S. distribution relationship with Imperial Distributors, a leader in distribution and merchandising of supermarket non-food goods. Imperial will distribute…
Ready for Hemp to Fly High?
Increasing awareness, further legalization send sales projections soaring over the next decade. Global hemp-based products market is projected to grow at an impressive compound annual growth rate (CAGR) of more than 23% between 2019 and 2029, surpassing a valuation of $19B by 2029, according to a new report from market analyst Fact.MR. Hemp has…
CPG Advocate Forms CBD Advisory Board
Consumer Brands Association appoints five-member group with assembled expertise from across government, health and law enforcement. The Consumer Brands Association, which represents the world’s leading food, beverage and consumer products companies under the umbrella of consumer packaged goods (CPG), last month launched an advisory board to guide the organization’s work to enhance safety and ensure…
Creating a CBD Product Line: Some Caveats
Doing the legal and financial legwork now could pay off later for early CBD entrepreneurs. PORTLAND, Maine – The current widespread proliferation of CBD-based products has further highlighted the rapid expansion of the industry with more retailers and medical outlets continuing to sell CBD products. Research by CBD market analyst the Brightfield Group projects that…
Report: Pet Owners Adopting CBD
Many forgo veterinary prescriptions in favor of pet CBD products, indicating strong potential for market segment. CHICAGO – In its recent report, Brightfield Group, a consumer insights and market intelligence firm for the CBD and cannabis industries, provides insight into the consumer and market landscape for the pet CBD industry. Based on a recent survey,…
Emerald Organic Products Merging With Pura Vida
Science plus nature: Combination of CBD industry health and wellness leaders will likely enhance global hemp-based product market penetration. Emerald Organic Products Inc., a diversified cannabidiol (CBD)-focused health sciences company, recently announced the completion of plans to merge with Pura Vida Health, a health and wellness company focused on using natural ingredients – including the…
Cannadips Partners With Lexaria Bioscience on CBD Absorption Tech
Oral pouch and dip initial licensing agreement for 10-year term, option for another five and possible expansion to all of North America and Europe. Smokeless CBD dip brand Cannadips CBD will partner with Lexaria Bioscience Corp., a global innovator in drug delivery platforms, to use Lexaria’s patented DehydraTECH technology for faster, irritation-free absorption of the…
Asheville Hemp Project Launches CBD Gum
Operators of Carolina hemp farm promise more products to follow as they repurpose one-time tobacco industry infrastructure. ASHEVILLE, N.C. – Asheville Hemp Project (AHP), an Asheville, N.C.-based hemp cultivator, is unveiling its new CBD Mint Gum. The launch marks the first consumer product for the brand, with other SKUs in the pipeline. Asheville Hemp Project…
Solari Hemp Partners With Core-Mark for Retail Distribution
Colorado hemp company looks to bring its CBD ingestibles and topicals to nationwide market outlets. LONGMONT, Colo. – Solari Hemp, the farm-to-shelf wellness company offering premium hemp-derived CBD, today announces a strategic partnership with Core-Mark International Inc., one of the largest distributors and marketers of consumer goods in North America. Solari’s 100% THC-free line…
Part II: U.S. Hemp-CBD and CPG Industries Forecast 2020
Hemp-CBD prices will fall, ingestibles for people and pets will rise, and more product will land on traditional retail shelves. Welcome to Part II of CBD Retail Trends’ conversation with Rich Maturo, vice president for cannabis practice at Neilsen, the market research organization known for having its finger on the pulse of consumer…