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

August 4, 2020
Couche-Tard Invests $25.9 Million in Cannabis Retailer
Two Fire & Flower shops open adjacent to Circle K stores in Canada.
July 10, 2020
CBD Products Often List Wrong Potency
FDA testing reveals many CBD products don’t match their advertised level of potency.
July 6, 2020
U.S. Consumers to Spend $3 Billion on CBD Products in 2020
Cannabis-infused products, including edibles and topicals, see spike in consumption, report finds. 
June 25, 2020
Three Simple Ways to Sell CBD
Paying attention to training, merchandising and promotion will ensure a successful CBD program at retail.

View All CBD News