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Month: December 2022

What CBD Beverage Sales Tell Us About Industry Growth

The CBD industry has expanded in many ways over the last decade. Thousands of times more people use CBD now than they did in the early 2010s, for instance, but the CBD market has also seen a massive expansion in the types of products offered. During the early days of the industry, even CBD lip […]

How Are Consumers Choosing Their CBD Dose?

CBD is growing in popularity throughout the world due to its many potential health benefits and non-intoxicating properties. For example, a recent Forbes Health survey reported that 60% of adults in the United States have tried CBD at some point in their life and believe the compound is medicinally valuable¹ Consumers have a wide variety of […]

2021 Convenience Store Sales Reveal CBD Industry Insights

Convenience stores are among the smaller contributors to the overall CBD economy. The US cannabidiol industry was estimated to be worth approximately $5 billion in 2021, of which convenience stores (c-stores) only made up $42.7 million, reports legacy market analysis publication Convenience Store News & Petroleum (CSP). Despite its limited impact on the wider CBD […]

New Report Reveals Only 7% of CBD Companies Properly Test Products

Proper product testing is of paramount importance in the CBD industry Companies that choose to pursue proper testing protocols inevitably reap the greatest rewards, but new data from Leafreport¹ reveals that a surprisingly small number of CBD producers comprehensively test their products². Why is CBD product testing so important, and how should the CBD industry respond […]

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