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Karma Water Partners with Canopy Growth for CBD Line

Karma Water Partners with Canopy Growth for CBD Line

Karma Water is the latest established beverage brand to enter the CBD space, announcing today the launch of Karma CBD Water, a new line developed in collaboration with Canopy Growth scheduled to roll out next year.

BDSA: U.S. Cannabis Sales to Surpass $24 Billion This Year

BDSA: U.S. Cannabis Sales to Surpass $24 Billion This Year

Cannabis sales in the U.S. are predicted to surpass $24 billion this year, a growth of 38% compared to 2020, according to BDS Analytics (BDSA), a Colorado-based global cannabis market research firm.

NBWA Annual Convention Comes Amid Continued Wholesaler Consolidation, and Legal Battles Between Suppliers and Distributors

NBWA Annual Convention Comes Amid Continued Wholesaler Consolidation, and Legal Battles Between Suppliers and Distributors

The nation’s beer wholesalers and beer industry executives will meet in Las Vegas this week for the National Beer Wholesalers Association’s (NBWA) annual convention, and the meeting’s arrival comes amid turbulence. Large wholesalers continue to consolidate within the middle tier, while at least one New England craft-focused wholesaler has thrown in the towel. The pace of consolidation chugs on even as President Joe Biden has tasked the Treasury with examining competition within the beer industry at large, and that’s led to comments from at least two trade groups calling into question these mergers’ effect on the competitive landscape.