Martha Stewart And Canopy Growth Launch New CBD Gummies Just In Time For The Holidays
Portfolio Pulse from Jelena Martinovic
Martha Stewart CBD, in partnership with Marquee Brands LLC and Canopy Growth Corporation (NASDAQ:CGC), has launched a new line of CBD gummies tailored for specific needs. The gummies come in three varieties: Sleep, Chill, and Extra Strength, each with unique flavor profiles and CBD concentrations. Martha Stewart has been an advisor to Canopy since 2019, and despite Sequential Brands filing for bankruptcy in 2021, the collaboration has continued to produce new CBD products.
November 29, 2023 | 3:09 pm
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Canopy Growth Corporation, in partnership with Martha Stewart CBD, has launched a new line of CBD gummies. The continuous collaboration has been producing various CBD products despite Sequential Brands' bankruptcy.
The launch of new CBD gummies by Canopy Growth in collaboration with Martha Stewart could potentially boost consumer interest and sales, especially during the holiday season. The positive reception of Martha Stewart's brand and the innovative approach to CBD products may lead to a short-term positive impact on CGC's stock price.
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