Cannabis Lifestyle
American Eagle Outfitters to sell CBD-based Products this Year
Teen clothing and accessories retailer American Eagle Outfitters is set to sell cannabidiol-infused products later this year through a partnership with the THC and CBD product lines company Green Growth Brands Inc.
In a press released published on Thursday, Green Growth Brands revealed it will be exclusively developing and supplying American Eagle with CBD-infused personal-care products. This includes lotions, muscle balms, and other beauty products. The release also announced that the products will be sold at nearly 500 American Eagle stores starting October.
“We are very pleased to be partnering with American Eagle, a leader in the specialty retail space,” expressed Peter Horvath, the CEO of Green Growth Brands. “GGB provided the expertise necessary to develop the product formulations and packaging to create a really special line of products.”
The recent partnership had officially marked American Eagle to be the third major wholesale partner of Green Growth Brands Inc. to date. Just a month ago, Abercrombie & Fitch, also a leading teen clothing and accessories retailer and a rival of American Eagle, signed the same deal with GGB. This enables Abercrombie to sell different CBD-infused products in more than 160 of its more than 250 stores. Earlier this year, footwear and accessories retailer DSW also sealed an agreement with GGB.
Last December, President Trump signed into law the farm bill, which included a provision legalizing hemp. This has led to the visible and fast boom of the CBD industry. In fact, various beauty line giants, such as LVMH’s Sephora and ULTA Beauty Inc. have already immersed in the market for cannabis-based personal care products.
Aside from these, luxury department store chain Barney’s, along with other retailers, such as GNC, Rite Aid, and Vitamin Shoppe, has also entered the cannabis market, selling different CBD products in some of their stores across the states.
“American Eagle’s image is about positive messaging and wellness, so it’s not shocking that they would have CBD-infused products,” said Jessica Ramirez, Jane Hali & Associates analyst.
“The products complement their brand and customers,” she added.
Just this year, American Eagle has experienced a 14% drop in their shares due to an unsatisfactory profit forecast in March.
On the other hand, cannabis company Green Growth Brands Inc. continues to expand its reach with its recent acquisition and partnership deal with the U.S. cannabis company Moxie.
“As a ‘360 degree’ cannabis company, we expect to bring an expertise to each segment of the combined business: cannabis dispensaries, vertically-integrated and wholesale CBD, and wholesale cannabis consumer products,” CEO Horvath said in a separate release.
References:
https://hightimes.com/news/american-eagle-becomes-latest-major-retailer-sell-cbd-infused-products/
Benefits of Medical Marijuana
The State of Cannabis in Washington State: Things To Know in 2021
The Pacific Northwest is well known for its beautifully lush landscapes, crisp apples, fresh air, and progressive lifestyle/health views. Being the only state named after a United States president(George Washington), Washington is a place many happily and willingly call home or their sanctuary.
In terms of other well-knowns, Washington state was one of the first to legalize cannabis for recreational use nearly a decade ago (2012 to be exact). As long as you are 21 years old or older and reside in the state, you can privately partake in the consumption of cannabis without any legal ramifications. This has been an appeal to many across the country, with some actually moving to the state for this reason.
In 2021, and with the dawn of a new administration in the White House, marijuana looks to have a very bright few years ahead. We’ve already seen an emergence of pot stocks and hometown dispensaries budding up all around the United States and the rest of North America, and that only looks to continue into the near future.
If you’re in the mood to finally take the leap into using cannabis, now could be a great time to learn more about this wonderful plant and its many healing and rejuvenating properties.
What is it used for mainly in 2021?
Cannabis was once thought only to be good for “getting high.” There has been a plethora of scientific research giving us a better understanding of this miracle plant. It has been used to treat Cancer, Epilepsy, Seizures, Glaucoma, PTSD, Multiple Sclerosis, Inflammation, and even Alzheimer’s disease. In 2021 after a rough 2020, many have been using it as a healthier way to indulge at home, protecting themselves from the ongoing pandemic. Instead of frequent alcohol consumption, there has been a larger shift towards the consumption of cannabis as it has been stated to be less harmful to vital organs like the heart and liver. Alcohol also creates a lot of inflammation within the body, whereas cannabis reportedly fights inflammation.
Best places to buy it in 2021?
The best places to purchase your cannabis are from state-licensed retailers in Washington. Purchasing weed through private means(aka black-market) is still illegal and should be avoided at all costs. Make sure to do your due diligence when seeking reputable dispensaries as there are “pop-up shops” that claim being licensed but are not, and purchasing from them could result in a hefty fine or even jail time.
Per WeedMaps, Medical marijuana patients may purchase and possess up to:
- 3 ounces of marijuana, or 85 grams;
- 48 ounces, or 1.36 kilograms of marijuana-infused products in solid form;
- 1.69 gallons, or 6.4 liters of marijuana-infused products in liquid form, or;
- 21 grams of marijuana concentrate.
Washington state cannabis Legislation in 2021
As far as growing and cultivation of marijuana for personal use, this is still illegal. Washington cannabis laws are more liberal than other states, but there are still many restrictions, such as not being able to consume it in “public view”. The most notable push in the cannabis space in Washinton state is a bill for home cultivation.
Conclusion
Washington is a great place to visit and, for many, is one of the best places to call home due to its stance on cannabis consumption. With 2021 being a year of progression, it looks like the state of cannabis in Washington will only continue to shine.
Cannabis Blogs
My Favorite CBD Products [VIDEO]
Luckily for many people today, CBD is starting to become more widely accepted and legalized. So, many can enjoy its host of benefits. It’s known to be effective in treating migraine, pain, restlessness, and anxiety. If you want to get started on your CBD journey, watch this review of recommended CBD products.
Cannabis Blogs
Gordon, Gino & Fred Try THC Infused Food In San Francisco | Gordon, Gino & Fred: American Road Trip [VIDEO]
Gordon Ramsey takes Gino D’Ocampo and Fred Siriex to a restaurant in San Francisco where they serve of the most popular food trend as of the moment. Watch as the trio explores the restaurant’s exciting THC infused menu offerings.
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