CBD Infused beverages was the epic demand that never materialized. FDA policy – or lack thereof – prompted large risk-averse beverage companies to retreat from previous CBD plans. In 2019 PepsiCo was one of the companies purported to have concrete plans for formulating CBD beverages, and established a relationship with a North Carolina based extraction firm.
After most large beverage makers abandoned CBD beverages, Molson-Coors continued developing cannabinoid-infused products that were limited to Canadian markets initially, but contained THC and CBD. In 2021, Molson-Coors introduced the Veryvell line of CBD infused sparkling water in Colorado, part of their broader strategy to become a diverse beverage maker.
Molson-Coors’ pivot to beverages other than beer will likely be successful, if built on the universally popular cannabis plant. There are many small beverage companies out there incorporating CBD – more than we can…
05.07.2024
Singapore Airlines Group orders SAF from Neste ahead of mandate
The Singapore Airlines Group (SIA) will be the first to receive sustainable aviation fuel (SAF) from Neste’s expanded Singapore refinery, the companies announced on Monday May 6.
SIA...
05.07.2024
Animal fats prices to US Gulf jump on growing demand
Choice white grease prices went up in FOB markets on Tuesday, with trading done in a range of 37.5-39.5 cents per lb FOB Missouri River. Prices were boosted by...
05.07.2024
Feathermeal, ruminant bloodmeal prices lower; March IE MM well above 3-year average
US domestic feathermeal prices were lower in all six regions on Tuesday May 7, with reports of buyer pushback due to excess inventory levels in the market.
Fastmarkets...