San Francisco | Nov. 12, 2021

Chicago | Nov. 16, 2021

News

Daily Updates from The Cannabis Food Industry: Running Blog

Stay tuned for daily updates from the Cannabis Food Show

Photo for: Daily Updates from The Cannabis Food Industry: Running Blog
17/06/2021

22 June 2021

Cannabis edibles are expected to hit Canadian shelves in the middle of December.

According to Health Canada, a "limited selection" of next-generation cannabis products, such as edibles, will "gradually" hit retail shelves no earlier than mid-December 2019.

To know more click here
---------------------------------

The legislature has approved a $100 million grant for cannabis businesses.

According to the Los Angeles Times, the California legislature has approved Democratic Governor Gavin Newsom's $100 million plan to assist legal cannabis businesses in transitioning from temporary to permanent licenses.

To know more click here
---------------------------------

On Monday, edibles, vapes, and tea will be available in legal Ontario cannabis stores.

Dozens of new marijuana products will be available in Ontario retail shops beginning next week, according to the province's cannabis distributor, who warned that supplies would be limited and the newly legalized edibles could sell out within a week.

To know more click here
---------------------------------

17 June 2021

Louisiana Senate Approves Smokable Medical Cannabis Bill

Louisiana medical cannabis patients may soon have access to smokable cannabis products, thanks to a bill passed by the state legislature on May 27 that expands the program's eligible product list. This decision comes after the state took a step toward decriminalizing and legalizing cannabis for adult use after the House approved three additional cannabis reforms in early May.

To read more, click here.

---------------------------------

Flora Growth is investing in a cannabis pipeline to Europe.

Flora Growth, a Colombia-based cultivator, is connecting its cannabis pipeline to Europe through a manufacturing and distribution partnership with Hoshi International, less than a month after debuting on the Nasdaq Stock Market. Flora Growth, headquartered in Toronto but with 95 percent of its operations in Colombia, announced a 2-million-euro ($2.4-million) strategic investment to become a preferred supplier to Hoshicap Portugal, a subsidy of Toronto-based Hoshi International, on June 7.

To read more click here.

---------------------------------

14 June 2021

4 stages of marijuana plant growth

Cannabis plants go through a series of stages as they grow and mature, and those different growth stages call for different amounts of light, nutrients, and water. 

It’s important to know these stages and how long each lasts to know what the plant needs and when. Knowing where your cannabis plants are in their life cycle will dictate when to prune, train, and trellis your plants, and when to harvest.

To read the full article, click here.

-------------------------------------------

Cannabis companies that provide data about product effectiveness will outlast competitors

Since the onset of COVID-19, considerable attention has been directed toward bolstering the immune system. Many consumers are turning to wellness and self-care products that incorporate adaptogenic botanicals to alleviate stress and nootropics to improve brain function.

CBD is among the botanical products drawing interest, and major brands in the CBD industry have jumped at the opportunity to offer products that claim to support immune-system health or cognitive function.

To read the full article, click here.

-------------------------------------------

Cannabis SPAC Greenrose to delist from Nasdaq, trade on OTC markets

Cannabis industry special purpose acquisition company (SPAC) Greenrose Acquisition Corp. said it will delist its shares from the Nasdaq Capital Market and relist them on the OTCQX Best Market.

The move comes nearly three months after New York-based Greenrose announced deals to acquire four cannabis businesses in seven states, which will turn the blank-check company into a multistate marijuana operator.

To read the full article, click here.

-------------------------------------------

9 June 2021

Martha Stewart on her line of CBD products

Cannabis sales are booming and MKM Partners is telling investors to buy shares of Canopy Growth. It upgraded the stock a buy earlier this week, citing the Martha Stewart gummies that are “rapidly gaining distribution and recruiting new customers.” Stewart was recently named a strategic advisor for Canopy Growth. She joined “Squawk Box” on Thursday to discuss creating CBD products and her outlook on the industry.

To read the full article, click here.

-------------------------------------------

Snoop Dogg’s venture capital firm bets big on legal weed

Karan Wadhera, the managing partner at Casa Verde Capital, discusses investing in the legal marijuana ecosystem. Rapper Snoop Dogg is a partner at the firm.

To read the full article, click here.

-------------------------------------------

Red White & Bloom Raises $44.5 Million in Debt and Subsidiary Equity to Support Florida and Michigan Expansions

Red White & Bloom Brands Inc. (CSE: RWB and OTC: RWBYF) (“RWB” or the “Company”) is pleased to announce the completion of certain financing transactions that provide for approximately US$36.8 of new cash and the retirement of US$7.7M of debt.

To read the full article, click here.

-------------------------------------------

4 June 2021

Amazon To Eliminate Marijuana Testing, Supports MORE Act

Amazon said in a statement this week that it will no longer drug test employees for marijuana and that it supports the passing of the Marijuana Opportunity Reinvestment and Expungement (MORE) Act of 2021.

"We're changing our drug-testing policy," said Dave Clark, Amazon's global consumer division CEO. "In the past, we've rejected people from working at Amazon if they tested positive for marijuana use, as have many other businesses." However, considering the direction in which state laws are developing across the United States, we've altered our minds. Marijuana will no longer be included in our comprehensive drug screening program for any positions not controlled by the Department of Transportation, and it will be treated similarly to alcohol usage. We will continue to do job-related impairment checks and will test for all drugs and alcohol following any occurrence."

To read the full article, click here.

-------------------------------------------

Higher Education Picks Up Some Cannabis Momentum: Week in Review

Colleges and universities are increasingly entering the cannabis industry and providing some form of a roadmap to a new career. Green Flower is assisting Syracuse University in powering a certification program for students interested in the business, which we featured earlier this week.

It's a symptom of normalization, that all-important word.

As the tide of cannabis legalization continues, the number of job openings will increase as well. As a result, more firms will be able to contribute to making the cannabis market a better, more inclusive place.

To read the full article, click here.

-------------------------------------------

The National Cannabis Roundtable's Christopher Jensen Talks 280E, SAFE and Delta-8

The National Cannabis Roundtable's (NCR) work on the Secure and Fair Enforcement (SAFE) Banking Act, according to Christopher Jensen, cofounder and treasurer, is just one example of the behind-the-scenes efforts the industry group makes on a regular basis to drive cannabis reform.

“It's not just a trade group that keeps track of what's going on in Washington and reports back to its members. Jensen, who is also co-founder and CEO of Mana Supply Co., a medical cannabis company based in Maryland with offices in Missouri and Colorado, says, "We're doing a lot of the work."

To read the full article, click here.

-------------------------------------------

1 June 2021

Southern Glazer’s adds Martha Stewart CBD products to line

Southern Glazer's is taking cannabis seriously, signing a contract to distribute Canopy Growth's Martha Stewart-branded CBD products.

The announcement comes after Southern Glazer's launched Quatreau, Canada's first CBD-infused sparkling water brand, on the US market in March. Each Quatreau can include 20mg of CBD derived from hemp farmed in the United States and is available in four fruit flavors.

To read the full article, click here.

-------------------------------------------

Amuse-bouches: The latest restaurant news bites

In restaurant news: a survey finds three in four English consumers will visit a restaurant within one month of reopening in April, a cannabis cooking show premieres on Discovery, and Elite Bistros makes its at-home dining service a permanent fixture.

Three in four likely to visit a venue with outdoor seating within a month of reopening: According to a survey carried out by analyst CGA, three in four (76%) consumers are likely to visit a venue with outdoor seating within a month of reopening in England. Hospitality outlets with outdoor space are planning to reopen on 12 April. However, 41% of those not returning before mid-May say they don’t plan to visit venues for a long time.

To read the full article, click here.

-------------------------------------------

Cannabis-flavored ice cream anyone?

Ben & Jerry’s made a new flavor announcement for a groovy treat

Ben & Jerry’s made a bold new flavor announcement in May 2019: CBD ice cream was coming ... “as soon as it’s legalized at the federal level.”

Two years later, the “groovy” treat still isn’t available to the public, as snack makers continue to wait for a green light from U.S. officials for cannabis-infused foods. But as demand for edibles continues to rise and the market tops the billion-dollar mark, Big Food is getting ready.

To read the full article, click here.

-------------------------------------------

How Big is the Cannabis Manufacturing Industry?

A new special report by Powder & Bulk Solids and Packaging Digest offers a look at the scale of America's cannabis manufacturing industry.

Traditionally there were only three types of cannabis products available to most consumers on the black market: Flower, hash, and homemade edibles. While flower remains the top-selling product category in today’s legal market, production of concentrates and infused foods and beverages have become more sophisticated over the years, and a much wider array of tetrahydrocannabinol (THC) containing goods – from transdermal patches to dry powder inhalers – are now accessible.

To read the full article, click here.

-------------------------------------------

The Next-Gen Weed Cafe Making Cannabis Cuisine Classy

At first blush, Original Cannabis Cafe looks like any other trendy West Hollywood restaurant. It has the aspirational California aesthetic down pat: exposed brick walls and neon signs; a verdant living plant wall and a lush thicket of ferns; gnarled olives trees imported from Italy in the sprawling patio. But focus in, and the cafe starts to look a little different. Industrial-sized air purifiers line the courtyard. Curls of hazy smoke peep out from the dining room. Oh, and the guy sitting next to you is taking huge bong rips.

To read the full article, click here.

-------------------------------------------

Kelis' New Netflix Show Is a Cannabis-Infused Culinary Competition

If you've still not taken that first tentative bite of an edible, or you remain convinced that 'cannabis cuisine' is just a fancy way of saying pre-concert pot brownie, then this new cooking competition is definitely for you. I mean, it's also for marijuana enthusiasts, but it's essentially a six-episode illustration of the kind of culinary masterpieces that can be created with cannabis-infused ingredients.

You read that right: culinary masterpieces.

To read the full article, click here.

-------------------------------------------

26 May 2021

CBD does not cause liver damage

Despite CBD’s popularity and increasing ubiquitousness, questions still linger regarding the safety and long-term impact of using the hemp and cannabis-derived substance.

Since hemp is now legal and CBD is becoming more mainstream, the FDA has come under pressure to clarify its stance on the ingredient so manufacturers eager to capitalize on the growing demand can develop products that can be sold.

To read the full article, click here.

-------------------------------------------

Cannabis Edibles Shake Up the Food Industry

A new dawn is rising for the budding cannabis edibles industry, which in just a few years has gone from nearly nonexistent to a bona fide food and beverage category. Research from Technavio shows the global market for cannabis edibles products, valued at $8.4 billion in 2017, is on track to register a compound annual growth rate of more than 25% between 2018 and 2022, to reach $25.7 billion.

To read the full article, click here.

-------------------------------------------

Best in New Food and Beverage Packaging


Food and beverage brands constantly launch new products and new packages, many of which are posted to social media — if you can find them. Powder & Bulk Solids' sister publication Packaging Digest highlights the best of them on a regular basis, with the most recent “find” at the beginning. Come back often to quickly scroll through to see what you’ve missed.

To read the full article, click here.

-------------------------------------------

24 May 2021

Is the Mainstream Market Ready for CBD Ingredients?

As legal marijuana gains a foothold in more countries and U.S. states, major food and beverage companies increasingly are dipping their toes into the fast-growing $20.5 billion global cannabis market. From flowers to concentrates to edibles, sales of cannabis products are projected to hit $90.4 billion worldwide by 2026, a compound annual growth rate of 28% in value, according to B2B research provider Markets-and markets.

To read the full article, click here.

-------------------------------------------

Sales plunged 75% for food, beverage items with hemp/CBD

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.

To read the full article, click here.

-------------------------------------------

19 May 2021

CBD does not cause liver damage

CBD products do not cause liver damage when taken orally, according to a new study from Validcare. The seven-month analysis evaluated the impact of CBD on liver health through clinical trials involving 839 participants. The study was conducted at the FDA’s request to inform the federal agency’s developing regulatory approach to CBD products. Twelve CBD industry companies helped fund the study, provided certificates of authenticity, and recruited survey participants.

To read the full article, click here.

-------------------------------------------

From pot to plant-based food: Bruce Linton talks about his newest venture

Why is Bruce Linton getting into plant-based food?

"Well, I would say marijuana, and your assumption would be that I've got the munchies," said Linton with a laugh.

As the founder and former co-CEO of Canopy Growth, one of the world's largest cannabis companies, it could be reasonable to assume that anything Linton does goes back to marijuana. As Canopy Growth grew, it caught the attention of alcohol seller Constellation Brands, which purchased a more than $4 billion stake in 2017 and 2018 — and then fired Linton in 2019 when the company posted a wider-than-expected net loss.

To read the full article, click here.

-------------------------------------------

Where Is Marijuana Legal? A Guide to Marijuana Legalization

On Election Day in 2012, voters in Colorado approved a ballot initiative legalizing the recreational use and sale of cannabis, making the state the first in the U.S. to do so.

Sixteen other states, Washington, D.C., and Guam would go on to legalize the drug in the next nine years as public support for legalization rose rapidly – despite marijuana being illegal at the federal level.

To read the full article, click here.

-------------------------------------------

17 May 2021

Missouri Chefs Get Creative With Cannabis-Infused Food

The options are growing for Missouri’s nearly 100,000 medical marijuana cardholders who prefer to take in cannabis by eating rather than smoking. More dispensaries are popping up in the St. Louis region offering infused soda, gumdrops, and cookies.

As other companies ramp up production, a team led by Dave Owens, director of culinary at Proper Brands, is one of the few producers of cannabis-infused chocolate bars in the state, St. Louis Public Radio reports

To read the full article, click here.

-------------------------------------------

Cannabis-Infused Edibles Market Could Exceed $11.5 Billion By 2025

Cannabis-infused foods revenues, also known as cannabis edibles, that contain cannabinoid compounds, have been growing steadily over the past few years and are projected to continue to grow over the next several years according to industry reports. The growing acceptance of cannabis is the key factor likely to drive the cannabis edibles market globally in the future. The opinion about cannabis is changing and its adoption is increasing globally, which is projected as a lucrative business opportunity for this market in the upcoming years. The legalization of cannabis in Canada is attracting an extensive range of market players.

To read the full article, click here.

-------------------------------------------

6 Major Food & Bev Players Enter Cannabis Market

Edibles are one of the most rapidly growing segments of the cannabis industry, with cannabidiol (CBD), tetrahydrocannabinol (THC), and other compounds found in the plant appearing in a number of products types, including drinks, snacks, and confectionery.  

This category appears poised for tremendous growth. In February, FinancialNewsMedia.com predicted that the global edibles market could grow at a CAGR of about 25.4% from 2019 to 2025 to a value of $11.5 billion.

To read the full article, click here.

-------------------------------------------

13 May 2021

Strong Growth Ahead for Legal Cannabis-Infused Food & Beverage Industry

Next year, the cannabis industry is expected to continue its exponential growth as multiple intertwined trends takes hold, as detailed in these 2021 trend predictions from Jessica Lukas, senior vice president of commercial development at BDSA. BDSA is a cannabis market intelligence and consumer research firm based in Boulder, Colorado.

To read the full article, click here.

-------------------------------------------

Cannabis Edibles Shake Up the Food Industry

A new era is dawning for the fledgling cannabis edibles industry, which has grown from near nil to a legitimate food and beverage category in just a few years. According to Technavio research, the global market for cannabis edibles products, which was valued at $8.4 billion in 2017, is expected to grow at a compound annual growth rate of more than 25% between 2018 and 2022, reaching $25.7 billion.

To read the full article, click here.

12 May 2021

A fresh look at CBD: what food retailers need to know.

We've been placing CBD food and drink under a microscope this year with brand new CBD regulations coming into force and with a range of products hitting the market. 

When it was initiated on the food and drink scene for the first time, retailers of fine foods would be forgiven for thinking about CBD, a natural non-psychoactive chemical in the cannabis plant, as a brief trend to fade out of the market or be struck with lourd legislation.

To read the full article, click here.

-------------------------------------------

New CBD certification initiative launched!

Except for one year before the new FSA food regulations came into force, the Association for the Cannabinoid Industry (ICA) outlined plans for a new CBD safety initiative. 

The initiative forms part of the ICA's vision for a sustainable future for the cannabinoid industry as well as ensuring the safety of CBD products on UK shelves after a period of distrust for retailers and consumers.

To read the full article, click here.

------------------------------------------

Exhibit your brands at the 2021 Cannabis Edibles Expo and meet 1000+ visitors including dispensaries, distributors, investors, and press under one roof. Book your exhibitor spot now for $1600. (20% off if exhibiting at both venues)