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.
April 27, 2020
Congress fights for CBD business relief, while the FDA warns against illegal merchandising practices.
April 22, 2020
Cannabis sellers are working to adapt and still meet the growing need for marijuana products.
April 14, 2020
COVID-19 continues to stall legislation on legalizing marijuana in various states.
April 10, 2020
How to know if you are selling safe and legitimate CBD products.
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