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Cannabidiol (CBD) is helping consumers “mellow out” with an all-natural, functional ingredient designed to help alleviate pain, stress and anxiety. Twenty-eight percent of consumers are interested in trying CBD beverages, according to Mintel.
In 2019, sales of legal cannabinoid-containing products in the U.S. generated between $12-$13 billion; however, cannabis-infused beverage account for between 1.5 and 3 percent of the greater cannabis market. Although still a small portion, analysts see potential for growth of this category should legal restrictions change.
Elev8 Brands Inc. recently unveiled redesigned packaging for its lineup of ready-to-drink iced teas. The packaging also includes the company’s new logo.
Outbound Brewing has released a new non-alcohol product line that includes small-batch traditional non-alcohol brews, CBD-infused (20 mg broad spectrum hemp), and cannabis-infused (10 mg THC) options, with just 30 calories in each bottle.
Lightly sweetened to create six flavors, mood33’s Hemp-Infused Herbal Tea is infused with 33mg of organic, U.S.-grown, full-spectrum hemp extract, premium botanicals and real fruit juices.
