A lot of Americans still aren’t sure exactly what CBD is or what it can do for them. Worse, a lot of convenience store operators still aren’t sure who their CBD customers are – the very first thing they need to know in order to capitalize on the trend. So – who is buying CBD…
What Is Driving CBD Sales?
According to a CivicScience study of more than 40,000 of-age Americans (21 and older), 34% of respondents said they have had some experience with various CBD products, and 15% intend to give them a try soon, totaling nearly half of the of-age general population. So, what is driving CBD sales and overall interest? As the…
Expect Growth in Gummies, Report Says
According to a recent report from market intelligence firm Grand View Research, the market is witnessing significant growth owing to the rising health-conscious consumer base demanding easy-to-consume dosage forms of supplements. And that includes CBD gummies. The global gummy market size was valued at $16.28 billion in 2020 and is expected to grow at a…
Functional CBD Gummy Options
Denver-based manufacturer of full-spectrum hemp extract wellness products Charlotte’s Web has added three new functional CBD gummies products: Daily Wellness, THC-Free and Immunity. All three were made available online in mid-September and will begin shipping to many of the company’s 14,000 retail partners across the United States this month. Charlotte’s Web CEO Deanie Elsner explained…
Hemp Gummies With Natural, Functional Ingredients
Shoppers will soon see the latest in functional CBD gummies from company HempFusion, the company announced this week. Utilizing HempFusion’s proprietary broad-spectrum hemp extract, never an isolate, the company’s new gummies feature natural functional ingredients and premium flavors, two popular consumer driven trends According to cannabis market analyst Brightfield Group, the CBD gummy market is…
Social Responsibility Driving CBD Beverage Growth
New data from cannabis market research firm High Yield Insights reveals that consumers of CBD beverages care far more about issues such as sustainability than most adults, with 41% of CBD drinkers reporting a preference for sustainable brands compared to 21% of the general U.S. population aged 21 and over. Similarly, 40% of CBD beverage…
Multicannabinoid Oil and Softgels
A sign of more innovation in the cannabinoid market, NuLeaf Naturals launched its new multicannabinoid oil and softgels offerings, a comprehensive formula designed to elevate health and well-being. The daily blend contains several key cannabinoids, including CBD, CBG, CBN, CBC and Delta 8 THC, in a balanced profile to supercharge the endocannabinoid system. “NuLeaf Naturals…
What Should Retailers Look for in a CBD Vendor?
As market demand for cannabidiol (CBD) and hemp-related products grows, retailers will have to respond by offering more options for consumers. But choosing a CBD vendor can be more challenging than those for typical food, beverage and topical products retailers are used to – for many, CBD products are uncharted territory. There are ways for…
What Are the Benefits of Delta-8?
Delta-8 only recently arrived on the mainstream radar. However, it was actually discovered back in 1965 by cannabis researcher Dr. Raphael Mechoulam. Scientists and researchers have been uncovering benefits ever since. While everyone may experience Delta-8 differently, some report feeling a high similar to Delta-9 THC — with a few key differences, reports ACS Laboratory:…
Edibles Market Expected to Surpass $10 Billion in Annual Sales by 2025
The cannabis edibles market is expected to surpass $10 billion in annual sales by 2025, according to market research firm Brightfield Group. This is one of the fastest-growing product types, according to Brightfield Group data, consistently capturing the third-largest share-of-shelf of all cannabis product types. The maturing edibles category is starting to see some standardization,…