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%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

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.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 24. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Patchology Parent Company Rare Beauty Brands Explores Deal OptionsRare Beauty Brands has tapped DC Advisory to consider its options, sources told WWD.
ソース: wwd - 🏆 24. / 68 続きを読む »