Anheuser-Busch, Molson Coors Tap Into CBD Market With Canadian Cultivators
Brewers are working with firms on launching in Canada beverages with cannabis-based ingredients before potentially distributing products in US. Alkaline Water Co. expects lawful sales of CBD supplements and foods in US early in 2020, when it plans to launch Alkaline88 CBD-infused waters.
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In the probiotic beverage market, brewer Molson Coors is launching Huzzah non-alcoholic, ‘pumped up’ seltzer containing 1bn CFUs per serving; Big Easy kombucha firm introduces Tepache with probiotics and prebiotics; and Bio-K offers Essential sparkling water.
US Wellness Market In 2019: Farm Bill Made Cultivating Cannabidiol Policy FDA's Main Course In Supplements
As HBW Insight looks back on notable US wellness market developments and events for the previous 12 months, we find that news in the CBD space from the FDA and the industry dominated the sector throughout 2019.
US consumer health sales jumped 6.7% in 2020 in stores, a reversal of recent years as consumers move away from private label, “on-the-go” and natural oral care during the pandemic, IRI data show.