CBD and Cannabis

Cannabis products, including those infused with cannabidiol (CBD), are a new frontier for convenience retailers. Nielsen projects that the U.S. hemp-based CBD market could be a $2.25 billion to $2.75 billion industry in 2020. Legal cannabis sales are projected to grow to $40 billion by 2025. Although many states have legalized its use, cannabis remains illegal at the federal level, and the FDA hasn’t yet approved use of hemp-derived CBD in edible products.

Latest News

June 15, 2021
Retailers Promote Civility
Amid stories of consumers behaving badly, nonprofits aim to help businesses support frontline employees.
May 11, 2021
Cannabis Users Splurge on Upscale Smoking Accessories
Retailers showcase designer bongs and luxury lighters. 
April 20, 2021
Canada’s Marijuana Business Falters
Anticipated new jobs and businesses have not materialized. 
April 19, 2021
Thinking Big Drives Holiday Sales
Retailers find new ways to drive snacks sales with themed celebrations.

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