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CBD's Slowdown in the US: What Went Wrong in 2020
Alexander Esposito
By the end of 2019, CBD had completed an impressive entry into the American consumer market. In just a year, the non-psychoactive compound had gone from near total obscurity to just over USD4 billion in sales. Fast forward to late 2020, however, and momentum seems to have stalled for this nascent industry. Sales have inched forward at about 20% in year-over-year terms, well below expectations for a product that’s just getting started, and consumer sentiment has become decidedly more mixed. This slowdown comes as a result of an oversaturation of CBD products and regulatory uncertainty that has hampered product launches and quality.
Can Glass Displace Aluminium Cans in the Hard Seltzer Category?
Matthew Barry
This article looks into the possibilities of glass packaging becoming more important in hard seltzer packaging as the category matures.
U.S. Brands Like Bissell Turn To Livestreaming To Reach Chinese Consumers
Michelle Evans
With Coronavirus (COVID-19) limiting in-person engagements, consumers turned to digital for commerce with some even tuning into livestreams to discover, research and purchase. Livestreaming combines elements of streaming, social media and influencer…
American Rescue Plan Opens Door for Summer Spending Spree, Child Poverty Reduction
Ryan Tuttle
On Thursday, 11 March, President Biden signed the American Rescue Plan into law. Included in the massive, controversial law are a litany of tax and aid provisions that strive to dramatically shift the US economic landscape in 2021, and perhaps…
Election, Coronavirus or Trade War - Which Poses the Greater Risk to the US Economy?
Euromonitor International
The US, the world’s largest economy, producing around a quarter of all global output in US dollar terms, now faces major disruption, which could affect the global economic recovery from Coronavirus (COVID-19)-induced recession. Americans are…