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Hemp Market Takes Off at Expo West

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Anyone attending Natural Products Expo West, the world’s largest natural products trade show, held this past March, couldn’t help but notice that 2019 has emerged as “The Year of Hemp” in the natural and organic products market.

Indeed, the legalization of industrial hemp under the 2018 Farm Bill has been a boon for independent natural foods retailers, said Loren Israelsen, president of the United Natural Products Alliance. “For smaller stores, this category has been a lifeline for them as they battle to maintain foot traffic in the stores as online sales continue to grow.”

Larger stores, too, are eyeing the hemp market: Boulder-based Lucky’s Market has taken the lead in hemp and CBD product sales in its stores nationwide, with full shelf sets in the natural living department. Ohio-based Mustard Seed Market’s supplement sales are being driven by its commitment to CBD products, says Nutrition Director Abraham Nabors. Whole Foods Market’s trend spotters identified hemp as a “top 10 food trend for 2019,” and recently, Whole Foods CEO John Mackey indicated the possibility of Whole Foods selling cannabis products should they become legal in the future.

Read the full article here on the Compass Natural Blog.

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We look forward to seeing you this weekend at the NoCo6 Hemp Expo, March 28-30, at the Crowne Plaza DIA Convention Center in Denver.

 

Blockchain

Global Fintech Market Size To Worth USD 1009.10 Billion By 2033 | CAGR Of 14.01%

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Alpha Transform Holdings announces strategic investment in ceτi AI

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Blockchain

Bitwave Completes Integration with Stellar Blockchain, Empowering Seamless Accounting and Simplified Finance Reporting for Enterprises

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Bitwave and Stellar integration

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