Australia’s Kommunity Brew believes that hemp has the potential to feature more widely in its NPD and innovation strategies, amidst the addition of more local acquisitions to its healthier beverage portfolio.
Regulatory confusion and poor availability is hampering the success of hemp beverages in the US. But the consumer demand is clearly there, says the newly formed Hemp Beverage Alliance - which believes that, if these challenges are addressed, the category...
Cannabis and consumer packaged goods company Tilray Brands is acquiring eight beer and beverage brands from Anheuser-Busch – including Blue Point Brewing Company and 10 Barrel Brewing Company – in a move that will catapult it into becoming the fifth largest...
Functional beverage brand Recess (tagline: ‘We canned a feeling’) has picked up a flurry of new accounts for its magnesium- and adaptogen-infused Recess Mood sparkling beverage line, and predicts it will increase distribution from 4,000 to 8,000 stores...
Kombucha market leader GT’s Living Foods has withdrawn its CBD-infused Dream Catcher functional beverage line, with founder GT Dave acknowledging that regulatory uncertainty and a slightly confused consumer proposition both played a role.
While there is something of a Gold Rush mentality driving parts of the CBD market right now, “there will be a lot of winners in this space, if brands can create a credible product and tell the appropriate story,” predicts one new player in the space.
Coca-Cola Japan has set its sights on the local ‘relaxation drink’ market with a recent investment in newly-established beverage company Endian and its unique hemp-containing drink Chill Out.
The Alkaline Water Company – makers of pink Himalayan rock salt brand Alkaline88 – is gearing up to launch a new hemp infused drink this year, using new technology
Austin-based Cuvee Coffee wants to be a ‘trailblazer’ in the nitro cold brew category with the launches of hemp oil and horchata in its ready-to-drink line.
Bursting with nutrients and boasting an impressive growth rate, the future of hemp seed is bright– but what’s the best way for manufacturers to cash in on a product that is connected – mistakenly but understandably – with an illegal drug?