Cannabis Products Insider recently spoke with Andrew Dorf, VP of sales, and Vandana Kothari, director of quality, about CV Sciences’ approach to developing hemp-based ingestible products and its process for ensuring product quality.
A report from Grand View Research said that the global cannabidiol market size was valued at US $2.8 billion in 2020 and is expected to expand at a compound annual growth rate of 21.2% from 2021 to 2028.
Molson Coors Beverage Co has launched a beer-style cannabis beverage range in Canada that contains a THC and CBD blend. The launch is through Truss BeverageCo, the joint-venture Molson Coors set up with Canadian cannabis company Hexo Corp in 2018.
HempRise has opened its 100,000-square-foot operation in Jeffersonville, Indiana. The plant has the capacity to produce 10 metric tons of hemp biomass per day, which is equivalent to approximately 8 million pounds of biomass per year. The company selected Gray to design and build the facility.
As the cannabis-infused food and beverage industry continues to grow, progressively expanding into mainstream America, variables related to finished product quality, safety, and consistency will rise to the forefront of industry concerns.
Beta Analytic, which provides bio-based content testing for a variety of industries, suggests a new possibility for hemp and CBD manufacturers. They could turn to carbon-14 analysis to authenticate the “naturalness” of their products.
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