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The New York City-based dessert maker is transforming some of its famous treats into THC-infused edibles, including its banana pudding and red velvet cake. The limited-edition bars, which mark Magnolia’s first-ever cannabis product, “celebrate the brand’s most iconic, fan-favorite flavors in a new light,” the bakery said. That has created consumer interest in weed, including edibles, with the stigma of buying the drug dissipating. Perhaps once known for being just “pot brownies,” the edible market has blossomed into several categories and hundreds of brands, including gummies, mints and candy bars. “There is no real downside to Magnolia, as consumer opinions on cannabis are now relativity liberal,” he told CNN.
Persons: Magnolia, It’s, Scott Vickers, Neil Saunders, , Saunders Organizations: New, New York CNN, Green Thumb Industries, Marijuana, CNN, City, GlobalData Locations: New York, New York City, — Illinois, Nevada, Massachusetts
Americans can’t get enough of Halloween candy. Halloween candy sales grew 14% between 2021 and 2022 and this year is on track to be the same. And in the world of chocolate, milk chocolate is king: more people bought milk chocolate last Halloween season than all other non-chocolate candy combined. But while per unit sales of chocolate candy have remained largely stable compared with five years ago, non-chocolate candy is the growth market. Americans bought roughly 7.8% more packages of non-chocolate candy last Halloween season compared to 2018, while package sales of chocolate shrank by 2.5%.
Persons: “ It’s, Beth Kimmerle, , , ” Kimmerle, Susan Benjamin, it’s, Albanese, Kimmerle, Candy, Benjamin, don’t Organizations: Bear Cubs Locations: West Virginia
TikTok added new language to its product policies earlier this month for its recently launched e-commerce platform TikTok Shop, boxing out merchants who sell homemade food items like candy. Linares garnered over 1,400 sales through TikTok Shop in the last month, per documentation viewed by Insider. Freeze-dried candies have become a massive category and a big business on TikTok Shop. Users have already purchased thousands of freeze-dried products through TikTok Shop, per sales tallies visible to users in the app. 'TikTok Shop can really giveth and they can really taketh away'This isn't the first time Wilkerson's store has been dinged by TikTok Shop.
Persons: TikTok, Chrystian Linares, Linares, reselling Skittles, that's, Influencers, Nathan Wilkerson, Wilkerson, influencers Organizations: TikTok Locations: Florida, Orlando, Tallahassee, Linares, Jolly, Portland , Oregon, China
All are marked as containing THC - the ingredient in marijuana that produces a high - in a lower corner of the package. "Ten of the reports specifically mention the edible product to be a copycat of popular foods," the letter said. It said it was seeking legislation that would criminalize selling THC edibles using packaging that infringes on that of famous snack brands. The letters from the FTC and FDA were sent to Delta Munchies LLC, Exclusive Hemp Farms, North Carolina Hemp Exchange LLC, Dr. Diane Becker, manager of NC Hemp Exchange LLC, said the company had received the letter and was no longer selling the products in question.
Persons: Jolly, Gummies, Diane Becker, Smoke, Diane Bartz, Bill Berkrot, David Holmes Organizations: U.S . Federal Trade Commission, FTC, Food and Drug Administration, FDA, Delta Munchies, North Carolina Hemp Exchange, Smoke LLC, Nikte's Wholesale, NC Hemp Exchange, Thomson Locations: North
CNN —You may know someone who has taken melatonin to help them sleep. Sometimes, they mention a friend who recommended a specific brand that’s supposed to be “really strong.” Then I ask them if taking melatonin has worked for them. Finally, people can become psychologically dependent on taking the supplement and become afraid of what will happen to their sleep if they stop taking melatonin. To understand how melatonin supplements work (and why they often don’t), it’s important to look at how the hormone naturally functions in the human body. This makes consulting a sleep specialist before taking melatonin all the more important.
Persons: Jennifer Martin, Australia — Organizations: David Geffen School of Medicine, University of California, American Academy of Sleep, CNN, JAMA, European Union, Twitter, Facebook Locations: Los Angeles, cannabidiol, Canada, United Kingdom, Japan, Australia
“This study suggests that taurine could be an elixir of life within us,” Yadav said in an earlier news release on the study, which published Thursday in the journal Science. Considered a non-essential amino acid, taurine exists in the brain, retina and nearly every muscle and organ tissue in the body. Taurine-fed worms lived longer and appeared healthier, but taurine “had no effect on yeast,” Yadav said. More than one solutionThe field of anti-aging is exploding, with taurine just one of many potential pathways to the holy grail of longer life. In the end, science is going to need “100 different kinds of taurine,” Lithgow said.
Persons: CNN —, taurine, Vijay Yadav, ” Yadav, Henning Wackerhage, , , Walter Willett, Harvard T.H, ” Willett, Gordon Lithgow, I’m, it’s, Lithgow, ” Lithgow, “ You’ve, taurine “, Wackerhage, Yadav, Taurine, Pieter Cohen, Cohen, ” Cohen, There’s, “ It’s Organizations: CNN, Columbia University, Technical University of Munich, Harvard, of Public Health, Harvard Medical School, Buck Institute, Disease, US Food and Drug Administration, Research, Cambridge Health Alliance, taurine Locations: New York City, Germany, Chan, Novato , California, Somerville , Massachusetts
In 2022, Americans spent an estimated $30 billion on legal marijuana products. Legal pot sales could top $33 billion this year – more than chocolate and craft beer combined. Last year's total also exceeds the combined total sales of chocolate and craft beer, which saw $20 billion and $7.9 billion, respectively. If trends continue, MJBizDaily projects cannabis sales could reach as high as $33.6 billion this year and climb to nearly $57 billion by 2028. Robust as the total US sales numbers are, recent years have not been kind to the cannabis industry.
Calls to poison-control centers from caregivers worried about melatonin their children ingested have grown sharply. Photo: Jeff Greenberg/Universal Images Greoup via Getty ImagesPeople who consume melatonin gummies to get a good night’s rest might be ingesting more natural sleep aid than they bargained for, scientists say. In an analysis of 25 melatonin gummy brands, researchers found that most had more melatonin than their label disclosed—with one brand’s product containing nearly 350% more, according to the analysis published Tuesday in the Journal of the American Medical Association. Another brand said its gummies contained melatonin and cannabinoid oil, though researchers found that they really contained only cannabidiol, an ingredient derived from cannabis.
CNN —Testing of over two dozen melatonin “gummies” sold as sleep aids found some had potentially dangerous amounts of the hormone that helps regulate sleep, according to a new study. “Four of the tested products contained levels of CBD that were between 4% and 18% higher than on the label,” Cohen said. “We choose gummies over other products because we thought parents would chose edibles to give to their children,” Cohen said. Gummies sold as sleep aids had much higher levels of melatonin than stated on the label, as well as CBD, according to the study. “However, that doesn’t mean melatonin products are going to work or they’re a good idea to take.
REUTERS/Nadja Wohlleben/File PhotoApril 20 (Reuters) - From cannabis-infused flowers to edible weed gummies, marijuana companies are pulling out all the stops as they eye bumper sales on April 20 - a day referred to as "4/20" in weed culture. Industry insiders expect highest single-day sales ever for the cannabis sector on Thursday even as the industry faces increased scrutiny from lawmakers in the United States. 4/20, derived from a trope for smoking marijuana, typically sees cannabis companies such as High Tide, Canopy Growth (WEED.TO), and Trulieve Cannabis Corp (TRUL.CD) amp up promotions, throwing in exclusive deals and discounts to lure customers. Wholesale cannabis platform Leaflink expects sales of infused flowers and pre-rolled joints to jump 500%-1,000% compared to 2022. According to seasonality data from cannabis data firm BDSA, cannabis retailers see more sales on Thursdays than on Wednesdays and Tuesdays.
Legal pot sales could top $33 billion this year – more than chocolate and craft beer combined. Last year's total also exceeds the combined total sales of chocolate and craft beer, which saw $20 billion and $7.9 billion, respectively. If trends continue, MJBizDaily projects cannabis sales could reach as high as $33.6 billion this year and climb to nearly $57 billion by 2028. Of course, legal sales are still vastly outweighed by illicit ones – Whitney Economics estimated that legal transactions constituted just 25% of the total cannabis market in the US in 2021. Robust as the total US sales numbers are, recent years have not been kind to the cannabis industry.
If you're familiar with the Kardashian brand, it may not come as a surprise that Kourtney Kardashian Barker is wading even deeper into the wellness space. Kardashian Barker, who founded Poosh in 2019, recently launched Lemme, her own brand of vitamins and supplements. The Lemme essentials bundle includes three different kinds of gummies: "Lemme Matcha," for energy, "Lemme Focus," for concentration and "Lemme Chill," to de-stress. Those all seemed intriguing to me, so I purchased a bundle and decided to give the supplements a try. And for a better understanding of the ingredients and the promises Lemme makes — to improve my focus and decrease my stress, for example — I spoke to Jen Scheinman, registered dietitian nutritionist and senior manager of Nutrition Affairs at Timeline Nutrition.
And for the US economy, it could likely mean a “Wile E. Coyote moment,” Summers said — if we run off the cliff, gravity will eventually win out. AntibioticsWhen describing the state of the economy, Summers doesn’t just rely on Looney Tunes. “Will working people be better off if we just walk away from our jobs and inflation remains 5% or 6%?” Powell replied. Before the Bell: Is it necessary to increase the unemployment rate to successfully fight inflation? In a related action, the government shut down Signature Bank, a regional bank that was teetering on the brink of collapse in recent days.
Conspiracy theorist Alex Jones filed for bankruptcy, but he wants to be paid $520,000 per year. Jones owes around $1.5 billion to the relatives of the Sandy Hook shooting victims. Jones and his company, Free Speech Systems — which he fully owns — filed for bankruptcy separately in December and July, respectively. As part of the bankruptcy proceedings, Free Speech Systems filed a reorganization proposal on Tuesday. It sources some of its products from a company called PQPR Holdings, to which Free Speech Systems owes $54 million.
Oprah Winfrey has called out as false and fraudulent posts on social media that say she has launched or is selling Keto weight loss gummies. “TIME did not publish this article.”In October 2022, Winfrey advised social media users on her Instagram (here) and Facebook page (here “Fraud alert! Please don’t buy any weight loss gummies with my picture or name on them. There have been social media ads, emails, and fake websites going out and I want you to hear it straight from me, that I have nothing to do with them. Posts online do not show weight loss gummies officially promoted by Oprah Winfrey.
The company behind Grape Nuts has a new cereal designed to be eaten before bed. Post's "Sweet Dreams" is designed to stoke your body's melatonin production. It's the latest new food or beverage product designed to help you sleep. Post Consumer Brands will start selling "Sweet Dreams" across the US, the company said on Thursday. Those ingredients make the cereal "designed to be part of a healthy sleep routine while still satisfying those nighttime food cravings," Post said in an announcement.
Kelly McKenna started her own virtual therapy practice in February 2021. Her longing for customer connection and her experience with telehealth prompted McKenna to launch a virtual therapy practice in February 2021 called Sit With Kelly. The telehealth industry grew in popularity during the pandemic, and virtual therapy and mental-health services saw substantial increases. There has never been a better time to start a virtual practice, McKenna said. The course comes in three tiers, which focus on specific aspects of running a virtual business.
Hong Kong’s ban on products containing CBD threatens penalties of up to seven years in prison for possession. HONG KONG—Businesses and residents are dumping their CBD products ahead of a new law starting Wednesday that criminalizes possession of the cannabis derivative, ranking it alongside heroin and cocaine. Products like oils, drinks and gummies infused with CBD, or cannabidiol, have been disappearing from store shelves in recent weeks. Authorities placed disposal boxes around the city for users to offload CBD-laced items. Business owners are slashing prices on remaining stock, throwing fire-sale parties and converting storefronts as they shift into new lines of business before the law takes effect.
Weed’s next frontier is in Asia
  + stars: | 2022-12-23 | by ( Thomas Shum | ) www.reuters.com   time to read: +3 min
HONG KONG, Dec 23 (Reuters Breakingviews) - Asia is beginning to warm up to the use of cannabis. Thailand legalised marijuana cultivation at home in 2022, while South Korea, Japan and Malaysia are paving the way for pharmaceutical applications. South Korea was the first country in East Asia to legalise pharmaceutical cannabis, and Japan, Malaysia and Taiwan are all considering similar moves. If American experience is any guide, regulated pharmaceutical use will inevitably trickle into the recreation market, boosting aggregate demand. Cannabis in Asia will burn slowly, but where there is smoke there may eventually be fire.
[1/5] A person enters a cannabis shop near the venue of the Asia-Pacific Economic Cooperation (APEC) Summit in Bangkok, Thailand November 17, 2022. Since Thailand decriminalised cannabis this year shops selling homegrown and imported strains, pre-rolled joints and gummies sprang up rapidly. A cannabis regulation bill to govern cultivation, sale, and consumption has been delayed in parliament, causing confusion over just aspects will be legal. The president of Thailand's association of forensic physicians, Smith Srisont, petitioned a court last week to re-list it as a narcotic. Akira Wongwan, the chief executive of a medical cannabis business, Adam Group, said profit margins for recreational cannabis were "super high".
I used to joke and say I'm a beauty influencer. It took a while for me to realize that my success wasn't a fluke and that I wasn't a one hit wonder. Now that I've proven myself in business, I'm actually ready to switch gears. As a mother, I think accountability is what I'm talking about, because these toxic messages are being sent to my daughter. I may not always know what the hell I'm talking about, but we're going to figure it out together.
CNN —Oprah Winfrey is warning fans against falling victim to companies selling weight loss products using her name and image. On Sunday, the 68-year-old former talk show host and media mogul took to Instagram to distance herself from gummies being sold online, saying she does not endorse edible weight loss products. In the short video, Winfrey said she felt compelled to address the online scams after being approached five times in one week by people looking for weight loss gummies. “I have nothing to do with weight loss gummies or diet pills and I don’t want you all taken advantage of by people misusing my name,” she told her 21.6 million Instagram followers. Please don’t buy any weight loss gummies with my picture or name on them.
LONDON, Oct 28 (Reuters) - Fresh vegetables and fish are falling off the menu. Joanne Farrer used to regularly serve her three children roast beef dinners or stews packed with fresh vegetables. Volume sales of fresh vegetables fell by more than 6% and fresh meat by over 7% in August, for example, while sales of snacks and candy rose almost 4%. "We also know that cheap highly processed foods are the ones most likely to cause obesity." "If fresh food is cheaper then we'll get that, but it's not often on offer."
Select Circle K locations in Florida will begin selling marijuana for medical use in 2023. In Florida, citizens may receive a medical marijuana card for PTSD, cancer, and Parkinson's disease, among other conditions, Axios reports. "The opening of RISE Express stores at Circle K locations is a game-changer. Florida's current laws around marijuana use only permit the drug for those who possess a medical marijuana card typically issued for chronic conditions. Over 700,000 Floridians are currently registered active cardholders in the state's medical marijuana program, according to the Florida Department of Health.
Here’s the thing: The Fed right now is wearing blinders, and it only cares about bringing down inflation, my colleague Paul R. La Monica writes. The Weed Gummy TheoryThere’s an analogy offered by investment analyst Peter Boockvar last month that I can’t stop thinking about. He compared the Fed to an eager but inexperienced consumer of weed gummies, which, notoriously, take longer than anyone expects to kick in. Bankruptcies: Rate hikes make it more expensive for companies to pay down debt, increasing the risk of corporate bankruptcies and defaults. The so-called PPI, which tracks what suppliers charge other businesses for goods and services, showed prices going up 8.5% from a year ago.
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