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California Cannabis Brands are Shifting and Going Direct to Consumer theweedblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theweedblog.com Daily Mail and Mail on Sunday newspapers.
Pabst Labs Joins Forces with Tinley’s to Manufacture Cannabis-Infused “Not Your Father s” Root Beer in California The Tinley Beverage Company Inc. Toronto, Ontario, CANADA THIS NEWS RELEASE IS NOT FOR DISSEMINATION IN THE UNITED STATES OR TO U.S. PERSONS LOS ANGELES and TORONTO, May 03, 2021 (GLOBE NEWSWIRE) The Tinley Beverage Company Inc. (CSE:TNY, OTC:TNYBF) (“Tinley s” or “Company”) is pleased to announce that the cannabis-infused, non-alcoholic version of the popular ‘Not Your Father’s Root Beer’ beverage will be produced at the Company’s Long Beach facility. ‘Not Your Father’s Root Beer’ is a hard root beer distributed nationally by Pabst Brewing Co. It quickly became one of the USA’s top selling craft beers in 2015, according to IRI, a Chicago-based market research firm. With its smooth and balanced profile, NYF has become a national sensation enjoyed by consumers of all ages and backgrounds. ....
Share it Editor s note: This story is part of a series on the trends that will shape the food and beverage industry in 2021. You can find all the articles on our trendline. There were big expectations for the cannabis-infused food and beverage space leading up to the start of last year. Venture capital investment was increasing, seasoned executives were jumping into the trendy space and established players pledged to launch products. But 2020 was not the breakout year for cannabis that some had anticipated. Although the industry made progress, the pandemic slowed down product development as many companies shifted focus to the coronavirus. Federal regulation also stayed in a gray area, with no further guidance and many questions around the space unanswered. ....
THC-Infused Tonics Find Their Place in Cannabis Beverage Market in 2020 Cannabis-infused beverages may only represent a small portion of the overall legal market in the U.S. and Canada now, but there are several reasons to believe that may change, and quickly. Several companies from cannabis giants like Canopy Growth and Acreage Holdings to historic, household brands like Pabst Blue Ribbon (PBR) have placed their bets on cannabis-infused beverages, announcing releases (or plans to) in Q4 2020. In the case of PBR, which agreed to allow the independently operated Pabst Labs to use its brand for its new THC-based drink, the company and many others are fueling a growing niche within the cannabis beverage niche–THC-infused tonics. ....