According to a new study, roughly 40 percent of U.S. adults age 21 and over indicated a willingness to explore CBD under the right conditions. The study on U.S. CBD consumers by High Yield Insights is the first to quantify booming domestic consumer interest in products containing CBD, a therapeutic chemical compound found in cannabis. CBD has […]
Drinks infused with cannabis-derived cannabidiol (CBD) are in a prime position to bring disruption to the beverage sector. The growing consumer interest in hemp-derived CBD as a health supplement along with the recent passing of the Farm Bill has spawned a growing interest in CBD-infused drinks. In addition, the ever-increasing global trend to legalizing cannabis […]
Youngevity International, Inc. (YGYI) announced that it completed the closing of the acquisition of all the assets of Khrysos Global. This acquisition of the Tampa, Florida based manufacturer of hemp-based CBD extraction equipment is expected to establish YGYI ‘s newly formed, wholly owned subsidiary, Khrysos Industries, Inc., as a global player in the field-to-finish hemp-CBD oil, isolate and […]
Kannaway, the first hemp lifestyle network to offer cannabidiol (CBD) hemp botanical products, has placed a significant order for chewing gum with AXIM. Medical Marijuana, Inc., the first-ever publicly traded cannabis company in the United States, announced that its subsidiary Kannaway has placed a significant initial purchase order from major investment company AXIM®Biotechnologies (OTC: AXIM), a world leader in cannabinoid […]
A recent story by the Chicago Tribune noted two direct selling companies—Hempworx and Zilis—that are giving moms new side hustles selling CBD oil. According to the article, CBD oil is the latest in a string of products that women, many of them mothers, are selling and recruiting others to sell. In the U.S., the availability of CBD products grew by […]
Medical Marijuana, Inc. (OTC: MJNA) has announced that NFL veteran Bryan Barker has become a spokesperson for its subsidiary Kannaway®. “We believe that our partnership with Bryan Barker will help us spread awareness about the wellness benefits of CBD,” said Kannaway CEO Blake Schroeder. “We look forward to sharing his story and hopefully encouraging others to consider including CBD in their lives.” Barker is a […]
Recent reports by Canaccord Genuity indicate the market for cannabidiol (CBD) beverages could achieve a value of $260 million in the United States by 2022. CBD beverages form part of an even wider market for marijuana-infused drinks that is predicted to reach a value of $600 million in three years’ time. U.S market for CBD and THC beverages could reach $600 million by […]
Youngevity International, Inc. (NASDAQ: YGYI) announced that it will be adding Icelandic Glacial™ to its lineup of lifestyle brands. The Chula Vista, Calif.-based omni-direct lifestyle company agreed to an exclusive sales and marketing agreement with the brand in which: Youngevity and Icelandic Glacial will be exclusive cross-marketing partners for each other internationally for three years The partnership […]
Touchstone Essentials announced it has expanded its CBD oil line with the launch of Calm Advanced+ Hemp Oil, a 1500 mg, full-spectrum, CBD-rich hemp oil. “Research suggests that cannabinoids, especially cannabidiol (CBD), has a range of benefits from calming temporary inflammation to easing the effects of everyday stress and more,” said Touchstone Essentials founder and […]
ForeverGreen™ Worldwide Corporation (OTCQB: FVRG) announced that it is currently formulating a line of products utilizing cannabidiol, or CBD. The Lindon, Utah-based direct marketing company stated it has had on-going discussions about using CBD in some of its top-selling products. Given the growing awareness of the potential health benefits of CBD, ForeverGreen, which has incorporated CBD […]
Update 12-21-2018: Good news for direct sellers looking to jump on the CBD bandwagon: Congress has backed the $867B Farm Bill, which legalizes the production of hemp. The House voted 386-47 in favor of the bill following an 87-13 thumbs up in the Senate the day before. The bill includes provisions that remove industrial […]
Medical Marijuana, Inc. (OTC: MJNA), the first publicly traded cannabis company in the U.S., announced November as the largest-ever (unaudited) sales month in its history. Subsidiaries Kannaway® and Phyto Animal Health have also booked their largest-ever (unaudited) sales month in their history in November of 2018. The company has also reached major milestones in its business operations. “We are proud to announce […]