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

January 21, 2021 NEW
2021 May Be the Year for Cannabis-Infused Foods and Drinks
But several hurdles remain before cannabis is legal nationwide.
January 13, 2021
FDA Seeks Better Data on CBD Product Safety
The agency will examine the safety and efficacy of CBD with real-world data this year.
January 4, 2021
How VERC, Sheetz Sell CBD in Their C-Stores
Category managers share approaches and watchouts for this growing wellness category. 
December 7, 2020
U.S. House Votes to Legalize Marijuana
The Republican-controlled Senate is unlikely to take up the bill this year.

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