Search

Cannabis Hemp Derived CBD Beverages a growing market

The American Trade Association for Cannabis and Hemp, an industry trade and advocacy organization, has formed a new Cannabis Beverage Council to connect cannabis industry and beverage industry leaders focused on expanding the cannabis beverage segment.

Hemp-derived CBD beverages will be a growing segment among consumers, accounting for up to $1.3 billion in sales by 2025, Nielsen Global Connect projects.


The council was formed to “forge a new beverage market by harmonizing canna-beverage policies across the country,” ATACH President Michael Bronstein said in a statement.

Founding members of the council include Anheuser Busch heir Adophus Busch V, founder of Denver-based ABV Cannabis Co., and entrepreneur Scott Coors of the Coors Brewing family, who serves on the board of directors for SeroVita Holding Corp.

“At the repeal of alcohol prohibition in the 1930s, the industry came together to create an industry effort and agree on responsible consumption, policies, and best practices,” Coors said.

1 view0 comments

Recent Posts

See All

Hemp Rules Stay In Effect... For Now

A top official with the U.S. Department of Agriculture praised the agency’s work on hemp this week, putting into doubt any plans to make additional changes. Sonia Jimenez, deputy administrator for the

USDA Drops DEA Hemp Testing Requirement for 2020

Federal agriculture officials will delay the requirement that all THC testing on hemp crops must be performed at laboratories registered with the U.S. Drug Enforcement Administration. And food and dru

FDA DISCLOSURE

These statements have not been evaluated by the FDA and is not intended to replace the recommendations of medical practitioners. The products sold on this website are not intended to treat, cure or prevent any diseases.  Must be 18+ to purchase CBD Oil Products.