Marijuana packaging rebrands can draw consumers, create cohesion, reflect values
A strong brand can give companies name recognition and longevity – a key consideration for cannabis companies as they expand into states with newly regulated markets.
Molson Coors exiting CBD drink joint venture in US with Hexo
The Molson Coors Beverage Co. is getting out of the CBD drink business in the United States and ending its U.S. Truss joint venture with Canadian cannabis producer Hexo Corp. as of Dec. 31.
FDA dings American Shaman, four others for ‘illegally selling’ CBD
The U.S. Food and Drug Administration flagged five companies for “illegally selling” products containing cannabidiol, including national CBD powerhouse American Shaman.
Charlotte’s Web signs CBD distribution deal with European product importer
Colorado-based CBD and hemp company Charlotte’s Web Holdings signed a distribution deal with Stark Foods International, an importer and distributor of European specialty foods and beauty products.
Charlotte’s Web, Tilray sign Canadian manufacturing, distribution deal for CBD
Canadian cannabis producer Tilray Brands and Charlotte’s Web Holdings entered a “strategic alliance” to license, manufacture and distribute the Colorado-based manufacturer’s hemp-derived CBD products in Canada.
Hemp product manufacturer Bloomios acquires gummy maker for $23.5 million
California-based Bloomios, a white-label and private-label hemp product manufacturer, acquired gummy maker Infusionz for $23.5 million.
Ex-CBD executive lied about Walmart, military deals to boost stock, SEC says
A former CEO of a publicly traded CBD beverage company lied to investors and the public about distribution deals with Walmart and the U.S. military as part of a “multi-year fraud” meant to boost the struggling firm’s future, according to federal securities regulators.
