CBD-infused beverages look set to hit the market in a big way in 2019.
- Cannabidiol (CBD) is widely used in health and wellness products after spectacular growth in recent years.
- Several companies are lining up to launch CBD drinks following legal changes in the United States and Canada.
- Integrating these new offerings into wider product lines is accelerating CBD’s race for mainstream attention.
Youngevity International Inc. (NASDAQ: YGYI) (YGYI Profile) is one of the first to launch, with a CBD coffee coming in May and a CBD water in the works. The Alkaline Water Company Inc. (NASDAQ: WTER) (TSX.V: WTER), which is constantly growing its U.S. distribution network, plans to add a CBD bottled water to its range. The New Age Beverages Corporation (NASDAQ: NBEV) is adding CBD to its line of organic cold coffees and teas. Heineken (OTCQX: HEINY) has also entered the market by developing a cannabis-infused sparkling water through Lagunitas, its U.S. craft brewer. And the biggest investment in the overall cannabis space has come from Constellation Brands Inc. (NYSE: STZ), which has invested $4 billion in a Canadian cannabis company.
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About Youngevity International Inc.
Youngevity International Inc., an emerging conglomerate operating in three distinct business segments including a vertically integrated coffee enterprise, a vertically integrated Hemp based product development enterprise including end to end processing, and a Direct Selling Enterprise that consists of an expanding portfolio of consumer brands developed with its in-house product development team and distributed by traditional and non-traditional channels, including a multi country direct selling network. For more information, visit the company’s website at www.YGYI.com.
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