More food manufacturers are cashing in on the public’s interest in cannabidiol, or CBD, and adding this compound to beverages and food products, including meals sold at high-end and fast-food restaurants.
Although several states have passed laws to legalize CBD, products containing this compound are technically illegal at the federal level. This includes CBD dietary supplements, as well as CBD-infused sodas, sparkling water, and cold brew coffee.
In spite of this conflict between federal law and the patchwork of state laws, the U.S. market for cannabis beverages in 2022 was an estimated $752 million, accounting for over 70% of the global market, reports Yahoo Finance.
The growth of this market is driven in part by the legalization of cannabis and CBD in certain states, but also by strong consumer interest in these products.
But don’t expect to see cannabis-infused beverages — or food products — to show up just yet in Walmart, Target and other big box stores, say some experts. These stores may wait for federal clarity on CBD foods and beverages before entering the market.
Murky legal status of CBD
CBD is a chemical compound naturally found in cannabis and hemp plants, which are both versions of the plant species Cannabis sativa.