CBM Daily Digest

Insights From Convenience Retailing University

CBD is a big opportunity for convenience retailers, projectied to be $14B in non-THC cannabinoid sales by 2024. 55% of all CBD sales are already happening at the c-store level, illustrating that convenience may be the channel leader for CBD for some time to come.

Convenience Store Products recently held their Convenience Retailing University which had a heavy emphasis on CBD retailing in the C-Store channel.

CSP still feels CBD is a big opportunity for convenience retailers, citing BDS data projecting $14B in non-THC cannabinoid sales by 2024. Still, we have a long way to go with less than 25% consumer understanding in the marketplace. 55% of all CBD sales are already happening at the c-store level, illustrating that convenience may be the channel leader for CBD for some time to come.

For all of the insights, check out the full article here.

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