5 minutes

Groceryshop 2019: Day 4 Insights – CBD Continues to Grow

Event Coverage
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
5 minutes

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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