Coronavirus prompts spike in e-commerce sales of CBD; consumers seek higher dose products

Regulatory uncertainty coupled with the fact that retailers are not focused on onboarding new brands right now make this a tough time for new CBD brands. However, e-commerce sales of hemp-derived CBD have spiked, while a new survey from Brightfield Group suggests that four in 10 CBD consumers plan to use CBD more frequently because of COVID-19, with 15% planning to use a higher dose.