It’s no wonder legal cannabis products are poised to become the largest growing new consumer packaged goods (CPG) segment in the U.S. Major changes to the business landscape are coming as a result ... and many have already begun. Here are six things that will change in the CPG industry as a result.
Your favorite beer may not be what it once was. It’s now a division of a worldwide beverage corporation. “Bud” of St Louis is now Anheuser-Busch InBev NV (AB InBev) of Anderlecht Belgium. Coors of Golden Colorado is now Molson Coors EH. In a series of complicated mergers and acquisitions their brands now include Coors, Molson, Miller Brewing and Sharps’s Brewery of Cornwall, U.K.
Over 200,000 full-time jobs and growing — that’s the impact cannabis is having on our economy. This data didn’t come from the US government, but from a study reported in Leafly, the largest cannabis website in the world.
To find out what’s in store for cannabis packaging by 2025, I delved into the subject with a group of packaging experts. Why 2025 you ask? It’s the year many brands such as Nestlé, Aldi and even Pepsi are targeting for their packaging to be 100% recyclable or reusable, so it’ll be a milestone year for packaging.
At PROCESS EXPO, several education sessions will offer insights from cannabis experts discussing food safety, government regulations, sustainability and cost savings that can be implemented for immediate returns.
When I was growing up, as many of you I’m sure, I would never have guessed that cannabis would be legalized. Back then it was taboo, worse than alcohol and seen as another drug on the streets. Remember the commercial, “This is your brain on drugs,” with the eggs frying in a pan?
Dixie Brands Inc. has announced that its wholly owned subsidiary Aceso Wellness LLC. is expanding its line-up of hemp-infused wellness products, with a line of dissolvable drink tablets and a new topical balm.
The September issue of Packaging Strategies includes our spotlight feature on labeling and what it means to consumers. Also you will find features on cannabis packaging, inclusivity in packaging’s future, automated inspection for a syrup manufacturer, a pickling company grows into new equipment, frozen foods trends and more!