5 minutes

Groceryshop 2019: Day 4 Insights – CBD Continues to Grow

Primary Analyst: Coresight Research
Contributors
Primary Analyst: Coresight Research
Other Contributors:
Marie Driscoll, CFA, Managing Director of Beauty and Luxury
Sonny
Steven Winnick, Vice President—Innovator Services
Event Coverage

Executive Summary

The Coresight Research team has been in Las Vegas this week, attending and participating in the Groceryshop 2019 conference, which ran September 15-18. In this report, we share our insights from the fourth and final day of the conference, which include:

  • Product innovation will continue to drive the growth in the cannabidiol (CBD) market.
  • Chain retailers are the leading distribution channel for CBD products.
  • Experiences per square foot have become an important metric to measure physical store success.

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