Among the results of a new study by healthtech B-corp Radicle Science, participants experienced a 71% improvement in their well-being on average. Thirteen U.S. brands were included in the Radicle Advancing CBD Education and Science (ACES) study of nearly 3,000 participants to determine whether botanical products containing CBD deliver therapeutic benefits across five health outcomes,…
CBD Skincare Market Expected to Hit $3.4 Billion By 2026
The CBD skincare market is projected to reach $3.4 billion globally by 2026, with a compound annual growth rate (CAGR) of 24.8% during the forecast period, according to a report from Allied Market Research. For comparison, the market was valued at just $633.6 million in 2018. Growth will likely be attributed to the rapid rise in…
Retailers Eyeing CBD-Infused Beverage Growth
Retailers see big potential for cannabis-infused products. That’s according to alcohol e-commerce and on-demand delivery platform Drizly‘s just released third annual “BevAlc Insights by Drizly Retail Report,” culled from a nationwide survey of over 500 alcohol retailers during November 2021. According to the report, retailers are very bullish about cannabis- and CBD-infused products. In a…
Delta-8 THC 750-Milligram and 1500-Milligram Gummies
Enjoy Hemp has launched new Delta-8 THC gummies, available in both 750-milligrams and 1500-milligrams, in response to growing consumer demand. Enjoy Hemp is the first and only line of premium hemp-derived Delta-8 THC products designed for customers to “enjoy life” how they choose. Enjoy Hemp’s gummies are the only experienced-based edibles on the market. The…
Survey Finds Three Out of Four Americans Use CBD Products
Artisanal CBD company Green Element this week published the results of new, original research done in collaboration with research firm Pollfish detailing the continued explosive growth of CBD awareness and usage, particularly among affluent professionals in their 30s and 40s. The data includes findings on CBD use, consumer perception, user demographics and more. “We can…
California-Grown Hemp CBD Cigarettes
COAST, a start-up organic CBD cigarette company founded in 2019 offering sustainably grown hemp smokes, launched in the United States on Oct. 26. COAST was formed by a unique team with backgrounds in sales and distribution for brands such as 7-Eleven and Red Bull, along with expert guidance from key players in both the cannabis…
New House Bill Calls for CBD Regulation as Food Ingredient
Four U.S. House members introduced a bipartisan bill Dec. 2, that would require the Food and Drug Administration to regulate CBD as a food and beverage ingredient. Sponsors say the legislation will establish federal standards for CBD food and beverage products to protect consumers and provide marketplace stability for farmers, producers and retailers. Rep. Kathleen…
CBD Water With Push Cap Technology
The Pittsford, N.Y.-based makers of Karma Water, Karma Culture, recently announced the 2022 launch of Karma CBD Water, developed in partnership with Canopy Growth Corp., a world-leading diversified cannabis and hemp company. The new line is the first CBD beverage to launch under the Karma wellness and probiotic waters beverage portfolio. Karma CBD Water features…
Keeping Pace With Continuous Regulatory Change at Local, State & Federal Levels
Thomas Mulloy, senior editor with CBDRetailTrends.com and CStore Decisions magazine, welcomes Jeff Ragovin, chief commercial officer with Fyllo, a company whose mission is providing compliance-first solutions for highly regulated industries. Ragovin discusses the difficulties for CBD manufacturers and retailers in navigating a continually shifting regulatory landscape, as well as mainstream companies entering the CBD/hemp…
C-Stores Foresee Strong CBD Sales in 2022
Cannabidiol (CBD) sales in the convenience and petroleum channel are set to hit $171 million in 2021 — up 49% from 2020, according to market research firm Brightfield Group’s “US CBD Market Industry Update, October 2021.” The market is forecast to reach $449 million by 2026, representing a 21% compound annual growth rate (CAGR) from…