Leafreport.com, the CBD industry’s peer-reviewed watchdog website, released results from a comprehensive survey of pet owners who give their pets cannabidiol (CBD) products. The report showed that 50% of pet owners reported using CBD for their cat or dog, and 74% indicated that they were likely, or very likely, to recommend pet CBD products to…
Circle K Set to Be Exclusive Store for Whisl CBD Vape
Convenience chain Circle K will be the brick-and-mortar outlet for diversified cannabis, hemp and vaporization company Canopy Growth Corp.’s first CBD vape, called whisl. The new line, which launched this week at Canopy Growth’s online store, will be available on store shelves starting Oct. 1, at more than 3,000 Circle K convenience stores nationwide. The…
What Type of CBD Is Most Popular?
Factors that often go into a consumer’s decision on which type of CBD product to buy include format, brand, dosage strength and the type of CBD (full spectrum, broad spectrum or isolate). According to market research firm Brightfield Group’s CBD consumer insights, full-spectrum is the preferred type of CBD for 54% of CBD consumers.…
The Delta-8 Dilemma
Delta-8 has shifted the landscape of the CBD industry. As sales of Delta-8 products rise in CBD retail, marijuana dispensaries see competition while consumer demand, driven by millennial moms, keeps rising at robust rates. A boom for CBD brands, Delta-8 has unquestionably breathed new life in an industry confronting pressures of an increasingly crowded and…
Global Widget Grows Portfolio With New Mystic Labs Delta-8 Brand
CBD and health and wellness product maker Global Widget has officially joined the Delta-8 THC product club, this week introducing its newest brand, Mystic Labs. The new Mystic Labs line features premium hemp-derived Delta-8 THC products, including gummies, vapes, tincture oils and the trifecta series (shot and gummies). “Delta-8 is one of the most popular…
What Are Certificates of Analysis for Hemp-CBD Products?
When reviewing cannabidiol (CBD) and other hemp-based products, retailers will run across manufacturers mentioning an item’s certificate of analysis (COA). They should ignore that at their peril. The COA is an important element to assuring that a CBD vendor’s product is the real deal. The COA isn’t unique to the CBD industry. It is common…
Athletes May Be Key to Mainstreaming CBD Products
Cannabis in sports medicine is a controversial topic and is often not tolerated in professional and collegiate organizations. However, it’s also a topic very much on the radar for many athletes during this year’s Tokyo Olympics. Potentially, the same benefits athletes find in using cannabis-based products for their ailments will appeal to everyday consumers…
C-Store Opportunity: Pet CBD
The pet CBD products market is set to achieve $561 million in sales in 2021, up 30% from 2020, and is expected to reach $1.1 billion in 2026, representing a 15% compound annual growth rate. This was one of the best-performing product types in 2020, aided by national pet chains Petco and PetSmart starting to…
Report: Regulatory Uncertainty Hindering Cannabis-CBD Markets
In its latest report, cannabis industry data, analytics and technology firm New Frontier Data analysis of the progression of regulatory oversight in the world’s two largest cannabis consumer markets. “2021 Cannabis Regulatory Landscape: Emerging Trends in North America & Europe” provides an understanding of governmental inconsistencies and regional market dynamics shaping the regulatory landscape, as…
Navigating the CBD and Hemp Market
In the Spring of 2013 during a retail industry presentation titled, “Satisfying Tobacco & OTP Shopper Needs,” I asked the audience about the potential of the cannabis offering at convenience retail. At the time, many just dismissed the thought — but some believed in my predictions. Over the last eight years, the CBD/hemp offering has…