Search: CBD

420 with CNW – How COVID-19 is Dampening CBD Sales

As 2019 drew to a close, no one expected the virus that had been discovered in Wuhan, China in November to bring the world to a complete standstill. Three months into the year, however, the resultant pandemic had caused massive damage to the economy, with industries like food service and airlines shouldering millions of job losses. Although cannabis products enjoyed…

3 Ways COVID Is Hurting CBD Sales

A new report found that price was the second biggest factor for consumers when making CBD purchase decisions. The passage of the 2018 Farm Bill legalizing hemp sparked a CBD rush with millions in sales and seemingly everyone starting a company using some form of hemp-derived cannabis oil.  Last year’s BDSA and Arcview Market Research, industry report estimated that CBD sales in the…

cbdMD Expands Sponsorship with Professional Golfer Bubba Watson

CHARLOTTE, N.C. Two-Time Masters Champion Driven to Lead cbdMD as the #1 CBD Brand Among the Nation’s 25 Million Active Golfers cbdMD, Inc. (NYSE American: YCBD) (NYSE American: YCBD PR A) (the “Company”), one of the leading, and most highly trusted and recognized cannabidiol (CBD) brands, announced today that it is expanding its exclusive CBD partnership with 12-Time PGA Tour…

Canopy Growth Launches Online CBD Store for the U.S. Market

Canopy Growth (NYSE: CGC) has pushed into the virtual cannabidiol (CBD) retail space in a big way. Although Canopy Growth is headquartered in Canada, ShopCanopy.com specifically targets the U.S. market. In the U.S., CBD oil — which is derived from hemp — is fully legal at the federal level, as opposed to marijuana. READ MORE: https://finance.yahoo.com/m/ecb61b5c-e410-3df7-b553-e348cf06cd5d/canopy-growth-launches-online.html?.tsrc=rss

420 with CNW – Congress Passes Measure Allowing Military Personnel to Use CBD

When the 2018 Farm Bill legalized industrial hemp and its derivatives, no one knew just how big cannabidiol (“CBD”) would get. Flush with medical properties, CBD has quickly become a go-to compound for people seeking a natural alternative to pharmaceuticals. However, despite being federally legalized, several military branches have in the past few months issued statements stating that service members…

Vertical Wellness™ Acquires Tech-Holdings To Expand Proprietary Health and Wellness Hemp CBD Offerings Through Patented Technology And Brands

NEWS PROVIDED BY Vertical Wellness and Tech-Holdings  Jul 22, 2020, 10:16 ET SHARE THIS ARTICLE LOS ANGELES, July 22, 2020 /PRNewswire/ — Vertical Wellness [VWEL], an industry leader in the branded Hemp cannabinoid health and wellness space, acquired the assets of Tech-Holdings and various affiliates for between $5 and $10 million in debt, equity and earnout. No other financial details were disclosed. (PRNewsfoto/Vertical Wellness and Tech-Hold) (PRNewsfoto/Vertical…

Charlotte’s Web Unveils 76-acre ‘Trust The Earth’ Farm Art to Promote Increased Access to Hemp-Derived CBD for All

BOULDER, Colo., July 21, 2020 /PRNewswire/ – In a farmer’s fields in McPherson, Kansas grows one of the world’s most unconventional art installations. Its purpose: to raise awareness of the need for improved and equal access to hemp-derived CBD products for consumers in every U.S. state. Charlotte’s Web’s “Trust The Earth” initiative is designed to […] READ MORE: https://www.newcannabisventures.com/charlottes-web-unveils-76-acre-trust-the-earth-farm-art-to-promote-increased-access-to-hemp-derived-cbd-for-all/