CBD & Cannabis Categories Look for Traction:
The cannabis and cannabidiol (CBD) market has been met with challenges due to the lack of federal guidelines and unfavorable financial laws, which have slowed growth. However, there are bright spots. Larger convenience channel players such as Jacksons Food Stores, Yesway, Sheetz Inc. and Alimentation Couche-Tard Inc./Circle K have partnered with cannabis suppliers and introduced CBD products, many of which are from smaller vendors. Yesway has launched an in-store CBD concept called Feel Good Shop+, offering drinks, snacks, and vaping products sold on consignment, in partnership with Las Vegas distributor GPO Plus Inc. and its Distro+ division. The industry is still growing, and with strategic partnerships, the future of CBD and cannabis products looks promising.
