From Out-of-business Beauty Brands to Emerging Wellness Companies: What Role Does Cannabis Play Now?

  • 📰 wwd
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 68%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

A history of the rise and fall of cannabis beauty brands and how the category is evolving now with products, spas and more THC-centric companies.

In 2018, following the Farm Bill, hemp was legalized, allowing brands to create products with CBD and create they did. At the time, a slew of brands and retailers popped up with missions focused entirely around the ingredient. However, with brands now dissolving or pivoting, hesitant retailers and customer confusion, CBD has lost its luster, but experts say it could have a reawakening.

Alongside increasing competition and consumer confusion, CBD products were also incredibly hard to sell. Every state had its own regulations, and major payment processing platforms could not process payments. This strategy has also been helpful for the brand, as retailers have grown hesitant on the category again. Some, like Goop, have rejected the ingredient altogether, sources said.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 24. in DE
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Patchology Parent Company Rare Beauty Brands Explores Deal OptionsRare Beauty Brands has tapped DC Advisory to consider its options, sources told WWD.
Herkunft: wwd - 🏆 24. / 68 Weiterlesen »