The coronavirus outbreak has come amidst a steadily increasing number of CBD and legal cannabis products and. Many brands from both the THC and CBD sides of the ledger quickly found sales growth as consumers rushed to stockpile goods from nearly all CPG sectors, but cannabis suppliers and entrepreneurs are now wondering what their industry will look like once the crisis passes.
Mood33, California's premier innovator of cannabis beverages, announced the launch of its new line of Hemp-Infused Herbal Teas. Mindfully sweetened to create six bliss-inducing flavors, mood33's brand extension is infused with organic, U.S.-grown, full-spectrum hemp extract, premium botanicals and real fruit juices to bring consumers the beneficial superpowers of the hemp plant in an enjoyable offering of delicious herbal iced teas.
At Natural Products Expo East 2019, BevNET’s editorial team saw established brands tackle new innovations and new strategies, including Honest Tea’s take on cold brew coffee, Mood33’s new CBD line, DrinkSimple exploring growth through B2B partnerships, and a reshuffling of Great Point Brands’ product portfolio.
At the first-ever Cannabis Forum for Food & Beverage, a panel of four speakers — Adam Miron, co-founder and chief brand officer of HEXO; Hesaam Moallem, president and CEO of Charlotte’s Web; Errol Schweizer, co-founder and partner in mood33; and Evan Eneman, founder of Sands Lane Capital — came together to examine how cannabis is developing into a cooperative industry even at an early stage.
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