Daily Archive: June 18, 2019
CBD Beverages Could Reach $2 Billion In U.S. By 2025
With the market for cannabidiol (CBD) expanding at a rapid rate across the U.S. in myriad forms including tinctures, capsules, topicals, and beverages, the category was a hot topic at the Cannabis World Congress, held recently at New York’s Javits Center. Continue reading →
Posted in News on June 18, 2019Canada Details Rules For Edibles, Drinkables Ahead Of October Rollout
Canada’s cannabis market is set to enter new territory later this year with the launch of edibles, extracts, and topical products. Health Canada officials recently announced the official regulations for those new categories as well as the timetable for their coming to market. Continue reading →
Posted in News on June 18, 2019Cannabis Briefs for June 18, 2019
•Vertical Companies, a California cannabis brand producer and distributor, will acquire the newly formed cannabis holding company Umbrla for $462.5 million. Continue reading →
Posted in News on June 18, 2019Domestic Sparkling Wines Tap Premiumization Trend
While domestic sparkling wines were roughly flat in the U.S. in 2018, the category has expanded by nearly 1.4 million cases over the past four years, and premiumization is taking root as consumers reach for higher-end bottles. Continue reading →
Posted in News on June 18, 2019News Briefs for June 18, 2019
•Diageo has received approval to create a new visitor experience at its Clynelish distillery in Scotland. Continue reading →
Posted in News on June 18, 2019
