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MariMed, a multi-state cannabis operator focused on health and wellness, announced a joint collaboration with Boston ice cream brand Emack & Bolio’s to create a line-up of cannabis-infused vegan and dairy ice cream in outrageous flavors. The ice cream will contain MariMed’s formulations that include the same full spectrum of natural cannabinoids and terpines from whole plants as are used in MariMed’s award-winning brands, such as Betty’s Eddies and K Fusion. This innovative new category of cannabis products is expected to debut in Massachusetts this year, followed by launches in other legal cannabis markets.
Heritage Cannabis announced the launch of RADsicles, a new and innovative edible freezie. RADsicles are a disruptor in the edibles category, offered by the ever-popular RAD brand in four nostalgic flavors – Blue Raspberry, Cherry, Cream Soda, and Grape. RADsicles will be available soon to purchase at provincial boards and retailers, with the first shipment to the Ontario Cannabis Store already complete.
Powerful Nutrition and MMG Consumer Brands have come together and rebranded as Powerful Brands, dedicated to bringing unique, bold, and innovative consumer products to market. Powerful Brands boasts a growing portfolio of health and wellness brands including Powerful Nutrition (formerly Powerful Foods), offering high-protein foods, drinks, and dietary supplements to fuel active lifestyles; and MMG's hemp-derived CBD brands – KARIBO Beauty and mintedLeaf - found in food, drug, and mass stores.
Many retailers and manufacturers are still playing catch-up to that demand, putting in play billions of dollars in sales, according “2019 CBD Market Survey,” a study produced by A.T. Kearney, Chicago.
Consumer attitudes toward CBD indicate that there is a large demand for products containing the ingredient across the food sector, according to a study produced by FMCG Gurus, UK.
The CPG industry is undergoing significant change, with consumer preferences shifting rapidly and retailers adapting in the face of heightened competition.
The market for cannabidiol (CBD) products may be booming, but new research released by the Grocery Manufacturers Association (GMA), Arlington, Va., shows that consumers are confused about what CBD is, what it does and whether CBD products are safe.