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State of CBD in the Food & Beverage Sector – Opportunities and Challenges

Thu, May 13, 2021 · 2:00 PM · Eastern Time (US & Canada)
About This Webinar

Since the passage of the 2018 Farm Bill, CBD has been quickly finding its place in the food and beverage industries. The Brightfield Group estimates that CBD products will grow to a $16.8 billion business in 2025. Yet the FDA says that “companies are marketing products containing cannabis and cannabis-derived compounds in ways that violate the Food, Drug & Cosmetic Act.” Nevertheless, CBD-infused products are exploding online and finding their way into stores across the U.S., despite the complexity of state laws governing their sale.

Learn what the research says and what is happening in the marketplace. Bethany Gomez, managing director of The Brightfield Group, explains the current regulatory maze, plus demographics on consumer purchases of CBD products. Benjamin Witte, founder, and CEO of Recess Beverages, shares his journey in bringing CBD-infused beverages to market and his predictions for the future.

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Sponsored by:

Marcum LLP

Marcum LLP’s Food & Beverage Services group has the perfect recipe of knowledge and service capabilities to help companies stay flexible. Marcum’s professionals provide the accounting, tax, and consulting services so that companies can concentrate on the growth of their business. Marcum serves a variety of food and beverage clients including distributors and manufacturers, importers, restaurant chains, processors and packaging, agribusinesses, and retailers. For more information, please visit https://www.marcumllp.com/industries/food-beverage.

Mesirow Investment Banking

Mesirow Investment Banking focuses exclusively on middle-market transactions and serves both public and private companies in merger & acquisition advisory, debt advisory, restructuring and special situations, fairness and solvency opinions, board of directors advisory and special committee representation. Our practice combines rich industry knowledge and long-standing relationships with an entrepreneurial desire to develop tailored solutions designed to deliver measurable results. For more information, please visit https://www.mesirow.com/capabilities/investment-banking.

Categories:
PROFESSIONAL DEVELOPMENT
Who can view: People who attended or registered for the webinar only
Webinar Price: Free
Featured Presenters
Webinar hosting presenter
Managing Director, Brightfield Group
Bethany’s core responsibility is to manage Brightfield Group’s growing team and drive new product development. She is a key driver of business development, managing some of Brightfield’s top clients to ensure long-term success. Her passion for the CBD and cannabis industries helps drive Brightfield’s team forward and deliver comprehensive and data-driven answers for each of their customers. She has an extensive background in quantitative research, global policy, and strategic planning. Prior to starting Brightfield Group, Bethany managed market research of key CPG industries with Euromonitor International.
Webinar hosting presenter
Founder & CEO, Recess
Benjamin Witte is the Founder & CEO of Recess, a consumer wellness and lifestyle brand creating products and experiences designed to help people feel calm, focused and inspired so they can be their most productive and creative selves — despite an increasingly stressful world. He also serves as the Executive Vice President of the US Hemp Roundtable, the primary industry coalition pushing the hemp/CBD industry forward.
Hosted By
The Food Institute webinar platform hosts State of CBD in the Food & Beverage Sector – Opportunities and Challenges
The Food Institute's conferences and webinars
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