RE:CBD changesI noticed Elixinol doesn't sell hemp-derived CBD beverages yet. Hemplify was ahead of its time by 5 years. Tinley Launches Hemplify Energy Shot.
Tinley launches Hemplify Energy shot, PR from 5 years ago!!! Considering drinkhemplify.com isn't active & @drinkhemplify on twitter & instagram doesn't exist anymore it's safe to assume Hemplify isn't making a come back anytime soon!!
The company has enough on their plate as it is currently with their own cannabis brands & being responsible for countless other brands production out of the LBF, Beckett's, Canada, re-entering the hemp beverage space today as opposed to next year when the company is possibly profitable with a permanent CEO would be premature and rushed.
CBD Stats & Trends, Click Here!!!! 18. CBD coffee and tea sales went up by 3,608.7% in 2019.
(Statista)
When it comes to CBD beverages, the most selling products in 2019 were CBD (ready-to-drink) coffee and tea. Bottled water sales rose by 795.2%. CBD-infused energy drinks lost their popularity and had a decrease of 57%.
19. Based on CBD oil sales estimates, the CBD beverages market will be worth $2.8 billion by 2025.
(PR Newswire)
The numbers relate to alcoholic and non-alcoholic beverages that contain CBD or THC. On that note, CBD beverages, like tea and coffee, have the fastest growth due to their wellness and anti-inflammatory benefits, and the lack of psychoactive effects. Many people use them for chronic pain treatments and anxiety.