CHICAGO -- CBD is expected to be one of the fastest-growing product categories over the next decade, with sales predicted to grow nearly tenfold and top $5 billion by 2027.
What exactly is CBD, or cannibidiol? That’s a question that’s been on retailers’ minds as the legalization of marijuana has gained support for both recreational and medical use, and its cousin, CBD, has gained exposure because of its nonpsychoactive properties and alleged medicinal qualities.
Right now, CBD is the hottest product on the market, and it’s everywhere. Convenience retailers have an opportunity to increase revenue and drive traffic to their stores by offering CBD-enhanced products, from coffee shots to gummy bears, bath bombs to dog treats. But what's the protocol?
Winsight and CSP saw the need to provide high-quality and trustworthy information to the industries it serves and will host the CBD & the Future of Cannabis Conference April 9-11 in Denver.
“This is the perfect opportunity to learn the ins and outs of a burgeoning product category,” said Steve Holtz, content director for Winsight’s convenience group. “The entire retail industry is wondering how to capitalize on cannabis, and this meeting of the most forward-thinking retailers in the convenience-store industry will set the pace.”
During this three-day event, attendees will learn about legislation surrounding marijuana and CBD, discuss the types of products available, take a tour of a local dispensary and farm, and address what to expect from the U.S. Food and Drug Administration and how CBD will affect food, tobacco and alcohol sales.
Attendees will also hear from industry experts such as Vivien Azer, managing director of Cowen, specializing in beverages, cannabis and tobacco; Colleen Keahey Lanier, executive director of the Hemp Industries Association; and Frank Herrera, managing attorney with H New Media Law. Also speaking will be Winsight’s own Donna Hood Crecca, principal with Technomic; and Melissa Vonder Haar, former senior tobacco editor for CSP magazine.
If you are interested in attending the CBD & the Future of Cannabis Conference, please contact Christine Lavelle at (480) 337-3404 or clavelle@winsightmedia.com.
If you are interested in sponsoring the CBD & the Future of Cannabis Conference, please contact Chrissy Ferraro at (970) 391-9689 or cferraro@winsightmedia.com.
CSP magazine is the leading source of information for the $600 billion convenience-retailing industry. Its award-winning editors provide actionable solutions and data-driven trends to key decision-makers who rely on this information to make to combat disruption. CSP annually hosts Convenience Retailing University and the Outlook Leadership conference, which are two large-scale leadership events, as well as 15 small-format meetings in our EduNetworking series. Our team also delivers insights via our print publications, website and daily newsletters.
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