New products include cannabis-infused beverages, edibles
March 21, 2022
Jones Soda Co., Seattle, announced its entry into the cannabis-infused beverage and edibles business with the release of the first products from a new division operating under the Mary Jones brand. The launch portfolio of 16 different SKUs includes single and multi-dose infused sodas as well as syrup and gummies offered in four of the most popular Jones Soda flavors.
U.S. sales to reach $46 billion in 2026, firm projects
March 2, 2022
Global cannabis sales for 2022 will reach just more than $35 billion, a jump of approximately 22% compared with 2021 sales of $29 billion, according to BDSA’s most recent five-year rolling market forecast update. BDSA, Louisville, Colo., forecasts global cannabis sales will surpass $61 billion in 2026, a compound annual growth rate (CAGR) of more than 16%.
Seltzers available in Juicy Mango, Lime Twist and Black Cherry Fizz
December 22, 2021
Wynk THC & Seltzer, Columbus, Ohio, now is available in Maine for “canna-curious” folks looking for the low-key, chill vibe that can be achieved with a microdosed one-to-one ratio of THC and CBD.
Orange County, Calif.-based HighBridge Premium Cannabis announced the recent signing of a Beverage Production Agreement with Great White Industries. Located in Phoenix, Great White is a leader in the Arizona cannabis industry.
Boulder, Colo.-based BDSA announced an update of its cannabis market forecast, a five-year rolling global forecast by country, state, province, channel and category. Cannabis sales for 2021 will near $31 billion, an increase of 41% more than 2020 sales. Further, BDSA forecasts global cannabis sales to grow from $30.6 billion in 2021 to $62.1 billion in 2026, a compound annual growth rate (CAGR) of more than 15%.
Some 50 years removed from the Hippie Movement of the ‘60s and ’70s, medical and recreational marijuana, pain-relieving edibles like gummies and tinctures are being used by a diverse consumer base in a growing $30 billion cannabis market.
ALT (Advanced Liquid Technology) launched an adaptable liquid cannabis beverage enhancement that can be added to any drink for a customizable experience, it says.