Apex Brands is debuting CBD products with Stem Holdings.
Apex Global Brands today revealed a multibrand partnership with Stem Holdings, the vertically integrated branded cannabis company, to produce CBD products through a licensing agreement.
“The selection process for a CBD partner was highly rigorous,” said Apex chief executive officer Henry Stupp. “We wanted to ensure that as we expanded into new types of licensing agreements that the values of the prospective CBD partner’s organization fit well with Apex’s own values and portfolio of brands. From the beginning of our discussions with Stem, the fit and benefits this partnership could offer our common consumers became more and more apparent.
A report from legal CBD and cannabis-focused research firm Brightfield Group predicts that the U.S. CBD market will reach $5 billion this year and $23.7 billion by 2023.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
U.S. to spend $3 million to find out if CBD can relieve painNone of the money will be used to research THC, the compound in marijuana that produces a high.
Consulte Mais informação »
Peter Pilotto Debuts Gender-Fluid Collection at Milan Fashion WeekBritish brand Peter Pilotto made its Milan Fashion Week debut today, showcasing a range of gender neutral items for the first time.
Consulte Mais informação »
Opinion: Why a one-size solution to L.A.'s homelessness crisis is destined to failOpinion: Why a one-size solution to L.A.'s homelessness crisis is destined to fail (via latimesopinion)
Consulte Mais informação »
Singer-Songwriter Sam Fender Adds U.K. No. 1 Album Debut to 2019 BRIT AwardSam Fender, the north of England singer-songwriter who won the BRIT Awards Critics' Choice Award for 2019, debuts at No. 1 on the U.K. album chart.
Consulte Mais informação »
Cloud and clear: Tencent draws on gaming tech to lift B2B cloud ambitionsTech giant Tencent Holdings Ltd plans to leverage its strengths in vid...
Consulte Mais informação »
Electronic Arts jokingly tweeted 'invest in Crypto' — and crypto whiz kid Justin Sun replied by touting his Tron platform's gamesBinance, Huobi Global, and other crypto players cheered EA's marketing stunt to promote Crypto, a new character in Apex Legends.
Consulte Mais informação »