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Daily Updates from The Cannabis Drinks Industry: Running Blog

Stay tuned for daily updates from the Cannabis Drinks Expo

24/06/2021

24 June 2021

Is Cannabis Beer The Next Big Trend In The U.S.?

When New York State declared in early April that it will join states like California and Portland in legalizing's recreational marijuana, it sparked the question, "What does this imply for new products?"

A hint can be found in AB InBev's 2020 annual report, which was issued in February. Anheuser-parent Busch's company, AB InBev, maintains a worldwide portfolio of beverage brands ranging from beer to hard seltzer and ready-to-drink cocktails.

To read more, click here.

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Are Cannabis Drinks the Future of Legal Pot?

The legalization of marijuana and the growth of cannabis beverages continue to gain traction in the United States.

Now, fifteen states, including Washington, D.C., have legalized recreational marijuana use. It's legal along the whole west coast. In addition, the CBD category is expected to have a global market value of $9.3 billion by 2020. According to projections, that market will be worth $23.6 billion by 2025.

As a result, the number of new goods has increased. THC and CBD drinks have quickly emerged as a major candidate for the next significant business trend among these developments. Why smoke or ingest cannabis when you can drink it?

To read more, click here.

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21 June 2021

Marijuana Legalization Around the World

Marijuana use was legal for most of human history until the early 20th century. Between 1916 and 1931, 29 U.S. states banned the use of marijuana. The Marihuana Tax Act of 1937 essentially made cannabis illegal across the U.S. Many other countries outlawed marijuana during the first half of the century, with more nations following suit in subsequent decades.

But the tide is turning. Many countries and U.S. states have legalized the use and sale of medical marijuana. A couple of countries and a growing number of U.S. states permit recreational marijuana. This has created opportunities for investing in marijuana stocks along the way.

To read more, click here.

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America’s most conservative states are embracing medical pot

Despite struggles in Kentucky and Tennessee, the year looks up for medical marijuana supporters.

Many of the nation’s medical marijuana holdouts are giving in as pot activists make inroads this year with conservative strongholds — and are poised to notch more wins in the coming weeks.

Medical marijuana bills are advancing in the Republican-controlled legislatures of North Carolina, Alabama, and Kansas for the first time. Efforts to expand limited medical programs in bedrock conservative states like Texas and Louisiana also appear close to passage.

To read more, click here.

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18 June 2021

Connecticut legalizes marijuana, becoming 19th state to regulate adult use

Connecticut is scheduled to become the 19th state to legalize the adult use of cannabis, as the state Legislature passed a bill earlier this morning. Gov. Ned Lamont is widely expected to sign it into law as soon as today.

Starting July 1, 2021, it will be legal for adults 21 and older to possess up to 1.5 ounces on their person. It will be legal to have up to five ounces secured in a home or vehicle. (That means, specifically, in a vehicle’s trunk or locked glove box, or in a locked container in a person’s residence.)

Retail sales are not expected to begin until at least May 2022.

To read more, click here.

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Chicago’s best cannabis strains of summer 2021

Illinoisans and tourists on their way to visit, prepare to taste some of the roaring 420s as adult-use cannabis legalization enters its first non-pandemic summer in the Land of Lincoln. Retail cannabis stores opened joyfully on Jan. 1, 2020, and no one had any idea of the toilet paper shortages that would soon follow.

To read more, click here.

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State cannabis regulators need to turn to the experts

Cannabis can seem like uncharted territory for lawmakers, so it’s no surprise when well-intentioned cannabis laws come out a little bit backwards: Under-regulated in some ways, over-regulated in others, and oftentimes counterproductive to public health and safety. There’s no great mystery here— lawmakers should begin the rule development process by consulting with industry professionals who have extensive experience working with cannabis products.

“It’s important to consult with analytical laboratory experts who have chemistry backgrounds and truly understand the science behind testing cannabis products. Failing to do so can set programs back several months, or even years,” says Wyatt Bergel, Technical Director at cannabis testing laboratory, Modern Canna.

To read more, click here.

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17 June 2021

Connecticut could legalize marijuana in special session this week

Connecticut lawmakers may have closed out the regular legislative session last week, but they’re returning to the state Capitol on Wednesday, June 16, to vote on legalizing recreational marijuana for adults, some remaining budget bills and possibly some other bills that didn’t survive in the first round.

While legislative leaders had originally hoped to avoid a special session, or at least restrict it to a limited number of bills, House Speaker Matt Ritter, D-Hartford, said “everything is on the table” after Republicans indicated last week they would use up the remaining hours of the regular legislative session debating the cannabis proposal.

To read more, click here.

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Massachusetts Cannabis Retailers Can Now Sell Hemp Products

Cannabis dispensaries in Massachusetts are now allowed to sell most consumer-ready hemp products including hemp seeds, oils, powders, proteins, clothing and other items made from hemp fiber, hemp building materials, and non-food CBD products.

Licensed cannabis retailers in Massachusetts can now sell most consumer-ready hemp-derived products following new guidance from the Cannabis Control Commission, JD Supra reports. Under the rules, the products must be displayed in a dedicated section of the store.

To read more, click here.

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15 June 2021

New LED Technology Brings a Brighter Future

Revolution Micro, an Atlanta-based horticultural lighting manufacturer, has created the first line of instrument-grade LED fixtures to push controlled-environment agriculture toward a more sustainable future.

The impact of this horticultural LED line goes beyond simply growing better crops. It was designed from the ground up to be a long-lasting fixture that could adapt to suit any cultivation need. Its programmable spectrum allows cultivators to mimic the lighting needs of any plant, in any season, anywhere in the world. This helps cultivators target phytochemical development to create healthier, tastier, more aromatic, and nutritional crops by manipulating the spectrum under which they're grown. With every season available at the touch of a button, it saves cultivators the time and labor typically spent moving plants to new rooms for their next stage of growth, resulting in more energy-efficient growing.

To read more, click here.

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Is weed gay?: Cannabis and queer health

When it comes to caring for ourselves and our community, cannabis has an important role in the past, present, and future of LGBTQIA+ healthcare.

Healthcare is an important issue facing the queer community. That’s because we know how critical the care of our bodies, our minds, and our community is core to continued survival and success.

Queer people face unique healthcare resourcing and health challenges that deserve attention and support.

To read more, click here.

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Planet 13’s California SuperStore to Launch with Tinley’s Beverages in July

The Tinley Beverage Company Inc. (“Tinley's” or the “Company”) is pleased to announce that its cannabis-infused beverages will be one of the inaugural brands to launch at Planet 13’s Orange County SuperStore “P13 OC” at its expected grand opening in July 2021.

Planet 13’s SuperStore OC, located at 3400 West Warner Ave Santa Ana, California, is planned as a 55,000 square-foot consumer experience, with 16,500 square feet devoted to the dispensary retail area. The remaining areas in the complex, to be built as phases 2 and 3, are expected to include memorabilia sales, a restaurant, and a cannabis consumption lounge, all enhanced by additional immersive experiences. With all 3 phases operating, P13 OC is expected to be California’s largest dispensary complex. The Santa Ana store will be Planet 13’s second-largest cannabis dispensary after its 112,000 square foot location in Las Vegas, Nevada.   The Orange County location is ten minutes south of Disneyland, four miles from South Coast Plaza, the largest mall in Southern California, and only 1.5 stop lights from the 405 freeway. Planet 13 anticipates hiring 250 people with an anticipated 80 budtenders serving consumers at the store at any given time.

To read more, click here.

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14 June 2021

Is delta-8 THC safe? Here’s what the experts say

Delta-8 THC products have exploded in popularity in the past year, especially in states that haven’t yet legalized the adult use of cannabis. The legal status of delta-8 continues to evolve (more on that here), but there’s a question consumers should ask before considering delta-8’s legality: Is it safe to consume?

Nearly all delta-8 THC products are sold outside of state-licensed and state-regulated cannabis industries. In that unregulated space, there are no rules to prevent bad actors from making and selling potentially toxic products.

To read more, click here.

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The Future of the Marijuana Industry in America

It's the world's most commonly cultivated, trafficked, and used drug; as the push for legalization at home and abroad grows, marijuana is garnering significant attention from investors, manufacturers, and researchers. Despite the plant being illegal under federal law as a Schedule I drug, the U.S. legal marijuana industry was estimated at $13.6 billion in 2019 with 340,000 jobs devoted to the handling of plants, according to New Frontier Data.

To read more, click here.

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Top Marijuana Stocks for June 2021

The marijuana industry is made up of companies that either support or are engaged in the research, development, distribution, and sale of medical and recreational marijuana. Cannabis has begun to gain wider acceptance and has been legalized in a growing number of nations, states, and other jurisdictions for recreational, medicinal, and other uses. Some of the biggest companies in the marijuana industry include Canopy Growth Corp. (CGC), Cronos Group Inc. (CRON), and Tilray Inc. (TLRY). Many big marijuana companies have continued to post sizable net losses as they focus on investing in equipment to speed up revenue growth, which remains strong despite the economic disruption caused by the pandemic.

To read more, click here.

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09 June 2021

Marijuana legalization efforts get a boost from billions in MJ tax dollars

Adult-use marijuana programs are generating billions of dollars in tax revenues for state governments each year – bolstering the economic and equity case for legalization in other markets across the country as well as at the federal level.

The economic argument might particularly resonate among reluctant Republican lawmakers on Capitol Hill, experts say.

To read more, click here.

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Nevada lawmakers approve marijuana consumption lounges

A bill allowing for marijuana consumption lounges was among a flurry of last-minute measures approved by Nevada lawmakers before they adjourned for the year.

According to the Las Vegas Review-Journal, the state Senate passed Assembly Bill 341 with an overwhelming 17-3 majority, which will allow Nevada regulators to offer two new types of marijuana business licenses related to consumption lounges:

One for retailers that want to open consumption lounges on the same property as their retail shops. One for stand-alone lounges that will be limited to single-use products, in the same manner as bars that sell alcohol. Alcohol will not be permitted to be sold in either type of establishment.

But the approval of the Legislature is a major milestone for the Nevada marijuana industry, which has been seeking cannabis consumption lounges for years in the tourism-reliant state.

To read more, click here.

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How playing in the carbon markets can benefit cannabis producers

Carbon is a hot commodity – literally.

And it’s become the biggest buzzword in agriculture in recent months, as the potential for paying farmers to sequester carbon through environmentally responsible land stewardship becomes more likely after the U.S. re-enrolled in an international treaty on climate change and President Joe Biden proposed a carbon market to directly pay farmers.

But why is the market for carbon so hot right now, and how can farmers get started?

The potential for carbon payments has a special interest for farmers growing hemp, which reportedly gobbles carbon at a rate of 6 tons per acre, according to the European Industrial Hemp Association, and can play a key role in regenerative farming and soil remediation.

To read more, click here.

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04 June 2021

5 Tips To Maintain a Healthy Organic Living Soil for Your Indoor Cannabis Facility

If you carefully scoop your fingers through layers of new, damp soil, you'll discover that the dirt moves, crawls, and even appears to breathe. A teaspoon of healthy soil contains more living organisms than there are people on the planet. Among the billions of hungry organisms consuming and excreting their way through a living web of life within the soil are microbes, fungus, bacteria, and insects.

To read more, click here.

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Papa & Barkley CEO Evelyn Wang Talks Heritage, Business

Evelyn Wang, the CEO of California-based cannabis and CBD wellness startup Papa & Barkley, joined the company in January after 15 years in top management in the cosmetics industry and a lifetime of cultural heritage.

Evelyn Wang, who has worked in the cosmetics industry for more than 15 years, was named CEO of Papa & Barkley in late January.
Wang was born in Taipei, Taiwan's subtropical capital, and moved to Vancouver, British Columbia, Canada, when she was 18 months old. She graduated from the University of Southern California with a Master of Business Administration and became a citizen of the United States nearly two decades ago.

To read more, click here.

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Third Time’s a Charm for Cannabis Consumption Lounges in Nevada

Cannabis consumption lounges may finally be coming to Nevada after four years of delays.

Consumption lounges showed promise as part of a Las Vegas ordinance in 2017 and again in 2019, but the law never became a reality owing to delays and political fights from the competing casino industry, as previously reported by Cannabis Dispensary.

The bill now has a third opportunity to pass, and the third time could be the charm.

To read more, click here.

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1 June 2021

CBD shows growth opportunity beyond relaxation

With CBD gaining popularity as an ingredient, CPGs have plenty of room to get in the space while it’s still developing and making their mark. A 2019 survey conducted by High Yield Highlights shows 40% of consumers are willing to try CBD. That number increases if the consumer is able to learn more information about CBD, according to a report from FMCG Gurus cited by Natural Products Insider.

Meanwhile, with more states legalizing cannabis in the last election cycle, and the new Biden administration combining with a Democratic-controlled Congress, the regulatory headwinds could also lighten. 

To read more, click here.

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Molson Coors moves into premium RTD spirits with Superbird partnership

A little more than a year ago, Molson Coors dropped the word brewing from its name as it struggled with lower U.S. demand for its beers, replacing it with the broader description of "beverages." Since then, the Chicago-based company — also known for signature brews like Miller and Blue Moon — has grown its portfolio in nearly all facets of the beverage space. This includes everything from beer and other forms of alcohol to better-for-you options that cater to consumers looking for plants, probiotics, and other healthier ingredients. 

To read more, click here.

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How Cannabis & Beverages Are Coming Together in the United States

As recreational marijuana legalization becomes a reality in more U.S. states, the interest in cannabis-infused drinks is on the rise. The hemp and CBD category is expected to be a $1billion market by 2020 in the U.S. according to a report by Brightfield Group.

There is a lot to know about the world of cannabis-infused beverages, and the legal implications in a changing regulatory environment don’t make it any easier to keep up. Here’s a high-level look at how cannabis and beverages are coming together, and what to watch for as the market develops.

To read more, click here.

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28 May 2021

A large-scale study finds no evidence of liver toxicity from oral CBD products

Colorado-based ValidCare has announced the preliminary findings from its industry-sponsored, decentralized human safety study of hemp derived CBD products, with the data indicating no liver toxicity.

To read more, click here.

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Make Better-for-You Beverages

The future of beverages is about elevating wellness for everyone today and into the future. As zero calorie sweetness experts, the team at Sweegen offers full product development to meet our clients’ wellness targets for new products and reformulations. We help clients manage calories and sweetness while incorporating a range of on trend specialty ingredients like natural caffeine, adaptogens and cannabis. We are experts at masking off notes from proteins and active ingredients, delivering full beverage solutions with the wellness and functional profiles our clients desire.

To read more, click here.

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PepsiCo launches Rockstar Energy + Hemp

PepsiCo has revealed a hemp beverage - Rockstar Energy + Hemp – which debuts in Germany this week.

To read more, click here.

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26 May 2021

Canopy Growth Launches ‘Quatreau’ CBD Drinks In U.S.

Canopy Growth Corporation, the Canadian cannabis firm backed by New York-based alcohol company Constellation Brands STZ +0.6%, has officially launched its CBD-infused sparkling waters in the United States.

Called Quatreau, the new ready-to-drink beverages come in four flavors — Cucumber + Mint, Passion Fruit + Guava, Ginger + Lime, and Blueberry + Acai — and feature 20 milligrams of hemp-derived CBD per 12 oz. serving.

Unlike Quatreau offerings already available in Canada, the U.S. versions do not include any THC, the psychoactive compound found in cannabis.

To read more, click here.

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Molson Coors launches first US CBD drink line

The race for big beverage companies to launch cannabis-infused drinks in the U.S. is on and Molson Coors is hoping to secure an early-mover advantage with this Colorado launch. In April, Molson Coors and Hexo announced their joint venture Truss CBS USA was exploring opportunities for non-alcohol hemp-derived CBD beverages in Colorado. In less than a year, the companies are now launching its Very Cell​ line. 

Pete Marino, president of the emerging growth division for Molson Coors, told Bloomberg News that the company is looking to create a mega-brand in three years and will be discussing later this year whether to expand to more regions.

To read more, click here.

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Boston Beer to create cannabis R&D hub in Canada

Boston Beer's tremendous success in hard seltzer has clearly convinced it of its chances of leading another new beverage segment with enormous potential — cannabis beverages.

"Innovation is core to what we do, beginning with craft beer, then hard cider, hard iced tea, and now Truly Hard Seltzer," said CEO Dave Burwick in a statement. "We believe nonalcoholic cannabis beverages could represent a new frontier of innovation and want to be ready for future opportunities in the US."  

To read more, click here.

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24 May 2021

Nespresso introduces New Tropical Iced Coffee Flavors For A Refreshingly Simple Twist On Summer Coffee

This summer, coffee lovers have a refreshingly simple way to chill out with friends and family over Nespresso's range of Barista Creations for Ice, coffees that have been expertly crafted for preparation over ice. The Barista Creations for Ice lineup is growing this summer with the addition of a new iced coffee, Limited Edition Tropical Coconut over Ice, which will be available for both Original and Vertuo machines.

To read more, click here.

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The 8 Best CBD-Infused Drinks to Try Out in 2021

Cannabidiol or CBD seems to be the new cranberry, making its way into all sorts of drinks these days, from CBD teas to a variety of CBD coffee brands. If you’re wondering ‘what is CBD?‘ It's a naturally occurring compound present in cannabis plants. According to the World Health Organization, it’s non-addictive, has a solid safety profile, and won’t get you high. In clinical trials it’s been effective in the treatment of epilepsy and shows promise in treating a number of other conditions.

To read more, click here.

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CBD-infused Products Market to Reach $165.7 Billion by 2027 — Exclusive Report Covering Pre and Post COVID-19 Market Analysis and Forecasts by Meticulous Research®

According to a new market research report titled “CBD-infused Products Market by Source, Type (Personal Care Products, Supplements, and Pet Products), Beverages (Non-alcoholic Beverages and Alcoholic Beverages), and Distribution Channel (Offline Store and Online Store) — Global Forecast to 2027’, the CBD-infused products market is expected to grow at a CAGR of 48.1% from 2020 to 2027 to reach $165.7 billion by 2027.

To read more, click here.

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19 May 2021How Cannabis & Beverages Are Coming Together in the United States

As recreational marijuana legalization becomes a reality in more U.S. states, the interest in cannabis-infused drinks is on the rise. The hemp and CBD category is expected to be a $1billion market by 2020 in the U.S. according to a report by Brightfield Group.

There is a lot to know about the world of cannabis-infused beverages, and the legal implications in a changing regulatory environment don’t make it any easier to keep up. Here’s a high-level look at how cannabis and beverages are coming together, and what to watch for as the market develops.

To read more, click here.

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US cannabis drinks sales set to pass $1 billion by 2023

Cannabis drink sales in the US are set to pass the $1billion mark within four years, a new report has claimed, as loosening regulation attracts greater innovation and investment.
The CBD Drinks Report, which has been launched by drinks experts Zenith Global and Beverage Digest, said US sales of cannabis-based drinks was worth $86 million last year- but sales were likely to pass the key $1 billion barriers in 2023, jumping to around $1.4 billion by 2024.

To read more, click here.

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Drink up: 5 strategies for making cannabis-infused beverages

Cannabis activists have been saying for decades that the plant should be regulated like alcohol. Now science is helping to make cannabis act like alcohol, too.

Extraction scientists and formulators are racing toward faster and cheaper ways to make cannabinoid molecules – which are naturally hydrophobic and therefore impossible to dissolve in water – suitable for incorporating into drinks.

Link: https://hempindustrydaily.com/131533-2/?cn-reloaded=1

To read more, click here.

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17 May 2021

Canopy leveraging Constellation relationship to bring CBD-infused drink to U.S. stores

Canopy Growth announced it will begin selling Quatreau sparkling water online in the U.S. It plans to put the drinks on store shelves later this year.
The company on Tuesday announced it has begun selling four flavors of the drink in America online.
“You’ll see us try to really tap into that more and more over time with our Quatreau CBD drinks, and ultimately our THC-branded drinks when we can get them into the U.S.,” Klein said of its partnership with Constellation, which has a nearly 40% stake in the company.

To read more, click here.

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California marijuana company buys fourth retail store for $16 million

Grupo Flor, a vertically integrated marijuana company based in Salinas, California, spent $16 million to acquire the White Fire cannabis store in San Jose and expand its portfolio.

Grupo Flor, founded in 2015, already owns two dispensaries operating as East of Eden in Salinas and Moss Hill and plans to open another store, under the Flor name, in Union City.

To read more, click here.

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Pot-Infused Drinks Hopeful for Heyday in U.S.

Canopy Growth Corp.’s plan to launch cannabis-infused drinks in the U.S. marks the latest attempt by a marijuana company to position itself for a possible weed beverage boom.

The Ontario-based company has licensed rights to its cannabis drinks line in the U.S. to Acreage Holdings Inc., which is expected to soon provide more details. The move comes at an opportune time -- the pot industry is hopeful for U.S. legalization as soon as 2021 and Americans are drinking less alcohol during the coronavirus pandemic.

To read more, click here.

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13 May 2021

Cannabis-infused beverage sales up 40%, helped by consumers seeking convenient products

Last year, sales of cannabis-infused beverages increased by 40% as companies sought to capitalize on new marijuana consumers looking for a familiar form of consumption as well as those looking for an alternative to alcoholic beverages. 

Marijuana beverage companies, for example, have capitalized on health-related trends such as Dry January, in which alcohol drinkers abstain for the month and seek alternative ways to unwind.

To read more, click here.

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Cannabis Beverages Market Size To Expand At 17.8% CAGR By 2025, Owing To Increase In Sale Of Cannabis-Infused Drinks

According to a new report by Million Insights, the global cannabis beverages market is expected to reach USD 2.8 billion by 2025, with a CAGR of 17.8 percent from 2019 to 2025. Because of the presence of medium and small-scale businesses, the cannabis beverage market is highly fragmented. Many companies are present in Canada, where the use of cannabis for medical purposes is legal. The growing popularity of cannabis-infused beverages is expected to increase demand for the product.

To read more, click here.

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12 May 2021

Cannabis-flavored drinks hit local convenience stores in Thailand

Cannabis-related products have become more available to people in Thailand than ever because, in convenient stores and selling machines, bottled drinks that smell like the plant are sold across the nation. 

Two terpenes drinks, found in various plants, but best known as the main source of distinctive cannabis flavor, have been emitted by Ichitan Group, the leading Thai manufacturer of ready-to-drink teas.

To read more, click here.

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Looking For a Healthier, Alcohol-Free Buzz? These Cannabis Drinks Fit the Bill

Read the alternative option for drinks based on alcohol. Understand how much safer and healthier cannabis drinks are than alcohol. And don't forget to read about some wonderful cannabis drinks which you have to try!!

To read more, click here.

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