New bottled water developed in partnership with Canopy Growth
October 4, 2021
Pittsford, N.Y.-based Karma Culture LLC announced the launch of Karma CBD Water. This is the first CBD beverage to launch under the Karma wellness and probiotic waters beverage portfolio and has been developed in partnership with Smith Falls, Ontario-based Canopy Growth Corp., a world-leading diversified cannabis and hemp company.
The Clean Beverage Co., a division of Alkaline Water Co., announced the launch of its brand new line of six natural A88CBD functional waters: Reenergize, Berry Black; Refresh, Lemon Lime; Relax, Peach Mango; Rest, Strawberry Kiwi; Relief, Grapefruit Ginger; and Resistance, Orange Tangerine.
MXXN, a non-alcohol, cannabis-infused spirits brand, entered the cannabis and spirits industries with the launch of three expressions: London Dry, Jalisco Agave and Kentucky Oak.
Despite no legalization at the federal level, CBD ingredients in beverages are hitting the market fast. CBD sales in the United States grew 20% in 2020, but is a slowdown from 2019, states Euromonitor International.
Cheech's Kombucha features flavors infused with nutraceutical-grade CBD
September 23, 2021
AF Life Sciences Inc., Denver, announced a strategic manufacturing, marketing and global distribution partnership with Cheech Marin, the multi-generational actor, writer, comedian and pioneer cannabis advocate.
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%.
Hemp-based beverage will roll out in all Southern Glazer’s launch states starting immediately
August 6, 2021
Los Angeles-based MAD TASTY, a hemp-infused beverage brand founded by Ryan Tedder, lead singer of OneRepublic and three-time Grammy winning songwriter and producer, announces a deal with leading distributor Southern Glazer’s Wine & Spirits.
Kaló, a handcrafted, locally-sourced hemp-infused seltzer, announced the expansion of its product portfolio to include four summer-ready new flavors: Black Cherry, Ruby Red Grapefruit, Ginger Lemonade and Blood Orange Mango.
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.