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According to IRI data through June 2020, mainstream retail CBD sales were up 89% year over year
Another set of trends emerging from the dispensary channel: infused beverages and smokeable products.
It wouldn’t be a story about 2020 without mentioning COVID-19
Cannabidiol (CBD) products came to store shelves last year in a hail of uncertainty.
The FDA’s July 9 testing report documented lab testing of CBD products between 2014 and 2020.
In a channel where consumers spend an average of three to four minutes in the store—and only 21 seconds at checkout, per NACS data—education of a complex new category was always going to be a challenge
CBD manufacturers are prohibited from making any form of health claims, but that hasn’t stopped consumers from educating themselves on the positive effects
When asked to name the biggest twist of 2020, Lukas didn’t cite COVID-19 or the recession
When examining the FDA’s testing report, something else stood out to Havens.
Though the mainstream CBD industry is still in its infancy, M&A activity is already picking up.
Top 202 details the largest chains in the convenience-store industry and the biggest M&A stories of the past year.
Category sales performance in Beverages, Candy, General Merchandise, Packaged Food/Foodservice and Snacks.
The industry’s largest distributors by sales volume
Corporate retail news affecting the convenience-store industry
The latest information on products and trends in the convenience-store and foodservice industries.
Peek inside new convenience stores to uncover the best in retail store design across North America.