TL;DR
The cannabis derivative CBD is becoming increasingly popular in the American foodservice industry, with 75% of mainstream American chefs believing it will be extremely popular in 2019. The CBD industry is expected to hit $16 billion by 2025.
The effectively legal and non-psychotropic cannabis derivative CBD is having a major moment in the world of foodservice, according to an article on CannabisNow.
According to the article, “As CNBC reported recently, 75% of mainstream American chefs surveyed by the National Restaurant Association and the American Culinary Association believe that CBD (and cannabis)-infused food will be extremely popular in 2019, on par with burger joints adding Impossible-branded, plant-based proteins to their menus.”
“The cannabinoid is already among the hottest add-ons in wellness, cosmetics and food — and has remained so despite warnings from the federal Food and Drug Administration,” the article said, and some brands in areas still navigating regulation are unwilling to wait for the green light amidst ever-increasing consumer demand: “There’s people out there that are willing to risk not being in compliance with local and other regulations in order to not risk being left behind,” Donna Hood Crecca, a principal at food-service industry B2B platform Technomic, told CNBC,” according to the article.
With an associated industry expected to hit $16 billion by 2025, it looks like CBD will only continue to appear on menus across the nation.
In this story
This story was originally published in 1851 Franchise on April 22, 2019. Burnaze summarizes and links to the original reporting.
Read the full story at 1851 FranchiseLiked this? Get the week's franchise news, explained
- Sunday 8 AM ET weekly + a monthly deep dive
- Sections picked for the industries you follow
- Every claim linked to its source. Free.
