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Cannabidiol News

Cannabidiol News Dec 11, 2020

Posted On December 11, 2020 at 8:01 am by / No Comments

Our winner in the retail brand/product category is CV Sciences, who in 2020 set the stage for how a hemp-derived-CBD company can not only position itself for mainstream success but also charter a new course outside of the CBD category itself—an important path that CBD companies may need to head down as the CBD market becomes increasingly crowded.
 

New York 
Iowa
Muscatine Community College

BOULDER, COLO. — Sales in the United States for food and beverage products containing hemp/cannabidiol (CBD) are down 75% so far this year when compared with the same time of 2019, according to New Hope Network/Nutrition Business Journal. Yet companies should not give up on the category, according to speakers at the Hemp Collective Virtual Summit held Dec. 9. Growth opportunities still exist in categories like ready-to-drink beverages and bars.


Kansas 

Pittsburg Morning Sun

Hemp takes one step closer to commercial growth in Kansas

Sunnyland Kansas, a business founded by the Coleman family with corporate offices in Wichita, began operating an industrial hemp drying facility in the Newton Industrial Park. Sunnyland Kansas started operations in early 2019, obtaining some of the first Kansas Department of Agriculture licenses for processing and distribution.The company also obtained a 25,000-square-foot indoor/outdoor facility for distribution and commercial drying of industrial hemp.


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