CBD-based drinks have experienced a surge in popularity over the last year, and are expected to exceed $1.4 billion in the U.S. in 2023, according to Zenith Global.
Canopy Growth Corp (NYSE:CGC)(TSX:WEED) expands reach into Europe with a $342.9 million acquisition of medical cannabis company C3, based in Germany C3.
Sproutly Canada, Inc. (CSE:SPR)(OTCQB:SRUTF) has reached an agreement with Moosehead Breweries Limited to form a joint venture to work on developing and producing cannabis beverages.
Charlotte's Web Holdings, Inc. (CSE:CWEB) has brought on Adrienne Elsner as new the CEO to help ramp up its growth across the U.S.
Zenabis Global Inc (TSX-V:ZENA) announced it is partnering with a pharmaceutical company based out of Germany, Farmako. The two companies are going to be working together on a couple of initiatives, including selling CBD isolate oil in Canada along with selling cannabis to the German medical market.
The Green Organic Dutchman Holdings Ltd (TSX:TGOD) announced last week that its facility in Hamilton, Ontario received a license from Health Canada to sell cannabis oil.
Cannabis-infused beverages are a lot of the hype this year. As more States legalize edibles and Canada set to allow them later this year, it's a segment of the industry that's going to take off - soon. According to Zenith Global, cannabis drinks reached $86 million in sales in 2018 for the U.S. market. However, by 2023, it estimates that number will jump to $1.4 billion.
There is a big bill circulating the U.S. government that could have a big impact on the cannabis industry. The Strengthening the Tenth Amendment Through Entrusting States (STATES) Act could lead to significant opportunities in the U.S. It could help open the door to more consolidation of U.S. and Canadian operations and lead to more mergers and acquisitions. Here are five companies to watch for if the bill passes.
Cannabidiol, or CBD, is being touted as a cure-all for everything from anxiety to insomnia but is it good for breastfeeding mothers?
April 20, aka 4/20, is coming up and one way cannabis enthusiasts can celebrate it is with a CBD-infused burger from fast-food chain Carl's Jr. According to the Company, it has enough supply to be able to sell at least 1,000 burgers containing CBD.
As many as 212,000 medical marijuana patients are registered in the State of Florida. It is one of the biggest markets in the U.S. and it could have even more explosive growth if patients could have help in covering the cost of cannabis.
The State of Colorado recently updated its sales numbers for cannabis, and they're continuing to slide. With $119 million in sales for February, it was the lowest month that the State had since February of last year when it earned $113 million. It was also the second consecutive month that total cannabis sales were down.
Unilever (NYSE:UN) is a massive consumer goods company. It hasn't acquired a cannabis company and it's not about to start growing its own pot, but one of its subsidiary companies is looking to sell CBD-infused deodorant products
On October 17, Canada legalized the recreational cannabis market. However, one key segment of the market that it did not include in the legislation was edibles. All we know is that by October 17 of this year or earlier, Canada is going to legalize edibles. But when that happens is still unclear.
Cannabis and food go hand in hand. Even a girl scout in California has realized how big of a business it is to sell food outside of a dispensary. It's no wonder restaurant Chefs see cannabis-infused foods as the next big trend for 2019.
Five companies in the world of cannabis retail and the progress they've been making thus far.
Aphria Inc (TSX:APHA)(NYSE:APHA) and Aurora Cannabis Inc (TSX:ACB)(NYSE:ACB) have been very active when it comes to international expansion. And now, the two companies will be able to compete head-on in the German cannabis market.
Lab-made marijuana? Recently, at the University of California in Berkeley, scientists were able to create cannabis compounds without needing to use a plant to harvest them.
Orchid Ventures, Inc. (CSE:ORCD) is one of the newest pot stocks to hit the Canadian Securities Exchange (CSE). The California-based company began trading on the CSE on March 18 of this year. And in less than a month of being listed, the stock price has already risen by more than 70%. Is more to come?
Colorado Governor Jared Polis signed a bill that would allow medical marijuana use to be expanded to include autism as a qualifying medical condition.
Last week, Charlotte's Web Holdings, Inc. (CSE:CWEB)(OTCQX:CWBHF) released its year-end results, which continued to show a lot of growth. The Company's sales reached $21.5 million for the three months ending December 31. This is an increase in Charlotte's Web's top line by more than 70% from the previous year.
When U.S. lawmakers passed the farm bill back in December which legalized cannabidiol (CBD) derived from hemp, they likely overlooked the problems that might stem from it. Not only does it cause confusion among consumers, but for authorities, telling the difference between hemp or illegal marijuana has become a big issue.
Sproutly Canada, Inc. (CSE:SPR) (OTC: SRUTF) has skyrocketed this week and was forced after it announced it has been negotiating with an unnamed beverage company to develop cannabis-infused drinks.
Jelly Belly candies now has 38 new flavours that are infused with cannabidiol (CBD). Although the public has only recently learned about the new candies, Jelly Belly's founder David Klein says that they're already sold out. With a patent-pending formula that took two and a half years, it could be the next big thing in the edibles market.
Recent research suggests that cannabis effects could be obtained from yeast itself. In what could prove to revolutionize the process, it's been found that Saccharomyces cerevisiae, which is found in yeast, can be turned into tetrahydrocannabinol (THC) or cannabidiol (CBD).
While it might seem odd to some people, many pet owners have been using cannabis to help treat pets that are suffering in pain, relying on the medicinal benefits of cannabidiol (CBD). The danger, however, is when pets are exposed to tetrahydrocannabinol (THC), the high-inducing substance.
The rave reviews that cannabidiol (CBD) has been earning from many patients has not gone unnoticed. Many athletes use CBD, including those that play in the National Hockey League (NHL). And recently, the NHL Alumni Association agreed to work with cannabis giant Canopy Growth Corp. to conduct one or more studies relating to its use.
It's not hard to find anecdotes of how CBD has helped provide patients with pain relief, normally after exhausting all other options. The problem, however, is that there isn't a lot of data behind those claims and finding hard facts and numbers on the effectiveness of CBD is very difficult.
A lot of big names have gotten involved in the cannabis industry, with the latest one being Martha Stewart. The popular businesswoman and television personality is joining Canopy Growth Corp in an advisory role where she is going to help develop cannabidiol (CBD) products. She offered a hint as to what her first project is going to be focusing on.
As consumer awareness around CBD continues to grow, cannabis companies are beginning to allocate an inordinate amount of investment capital into the development of CBD-infused beverages. In this report, we explore some of the largest and most active companies preparing to make their mark on the dawning CBD-infused beverage market.
Medical marijuana has been generating a lot of interest around the world for its ability to treat many different diseases and ailments. A recent study out of Penn State College also suggests that it could it could be used to treat cancer cells as well.
Tilray Inc. announced that it would be purchasing FHF Holdings Ltd, known as Manitoba Harvest. According to the release, Manitoba Harvest is the "world's largest hemp food manufacturer" and sells products in more than 16,000 stores in both Canada and the U.S.
With Canada set to legalize edibles sometime this year and the U.S. recently passing the Farm Bill, both sides of the border expect to see a flurry of activity surrounding beverages this year. Here are four companies to watch as the beverage market starts to take off:
With the global CBD movement supercharged by the 2018 U.S. Farm Bill, cannabis and beverage companies alike are officially beginning to launch CBD-infused products in the U.S. market.
There's no shortage of investors when it comes to the cannabis industry. And even celebrities have gotten into the mix. Earlier this year, we learned that former heavyweight champion Mike Tyson was breaking ground on his marijuana ranch. The latest athlete to turn cannabis investor is NFL legend Joe Montana, former quarterback of the San Francisco 49ers.
Attitudes on pot have been changing in the U.S. and having an attorney general that isn't taking such a hard stance on the drug could be what the industry needs to make some headway towards legalization. However, Barr has not yet been confirmed as attorney general and we could still see a different person assume that role. Ultimately, as long as Sessions isn't in charge anymore, it'll still likely be good news for the cannabis industry.
With the success of the 2018 Farm Bill in the rearview, investors are already setting their sights on what’s next: CBD-infused beverages.




































