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Ibotta CEO Says Consumer Goods Giant Boosted Spend 8x As Brands Ditch Old-School Promotions For ROI-Driven Strategy Amid Fierce Retail Competition
Thursday, May 15, 2025 - 5:21am | 710Performance marketing platform, Ibotta Inc. (NYSE:IBTA), offers fresh insights into changing brand behaviors, particularly the strategies adopted by consumer packaged goods (CPG) companies to navigate today’s highly competitive retail environment. What Happened: During its first quarter...
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Cannabis Enters CPG Era: Data, Brand And Market Strategies Explained By Industry Leaders At Benzinga Conference
Tuesday, May 7, 2024 - 12:22pm | 674The cannabis industry is on the brink of a transformation, paralleling traditional consumer packaged goods (CPG) sectors, and industry leaders are taking note. At the recent Benzinga Cannabis Capital Conference in Florida, a panel of industry veterans moderated by Carlos Pinto, CCO of Leafly (...
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EXCLUSIVE: Are Topicals An Untapped Market For CPG Brands In The Cannabis Industry?
Tuesday, May 9, 2023 - 6:27pm | 565Cannabis topicals may be a small slice of the market, but with a potential for growth, they offer a unique opportunity for CPG brands and investors. With CBD topicals already gaining traction in the mainstream market, there may be significant economic opportunities for those willing to invest...
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Israeli Canna-Tech Co. Teams Up With Another CPG Business, Here Are The Details
Thursday, November 17, 2022 - 11:57am | 367BYND Cannasoft Enterprises Inc. (NASDAQ: BCAN) (CSE: BYND) announced on Thursday that it has signed a deal for the provision of software services with an Israeli air conditioning company. The Details Under the terms of the agreement, the company will provide Benefit CRM Cloud-Based Software as a...
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Is Traditional CPG The Way To Win At Cannabis?
Wednesday, October 13, 2021 - 4:01pm | 1005By Luis Merchan, CEO of Flora Growth Corp (NASDAQ: FLGC) While many cannabis companies wait for new markets to open and laws to change, forward-thinking brands may want to consider a different approach. Without question, the future of the cannabis industry is rife with potential. Laws continue...
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More Mixed Earnings From CPG Companies — The Stockout
Tuesday, August 3, 2021 - 4:21pm | 317With all the current disruptions happening in container shipping, many shippers are trying to think through how they can position themselves long-term to access capacity. One of the strategies that are becoming popular is to sign multi-year agreements with your carrier partners. NYSHEX is hosting...
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GTI Raises Additional $56M Through Share Sale
Tuesday, February 23, 2021 - 11:32am | 315Cannabis consumer packaged goods company Green Thumb Industries Inc. (OTCQX: GTBIF) is getting yet another tranche of financing. After raising some $100 million by selling 3.1 million shares at $32.03 per share earlier this month, the Chicago-based company secured an additional $56 million in...
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1933 Reports 13% Increase In First Quarter Revenue, Adjusted EBITDA Improves 80%
Wednesday, December 30, 2020 - 10:18am | 278Cannabis consumer packaged goods company, 1933 Industries Inc. (OTCQX: TGIFF) reported Tuesday it has generated roughly CA$2.7 million ($2.1 million) in revenue over the first quarter of fiscal 2021. That’s a sequential increase of 13%. “During the first quarter of 2021, tremendous...
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Sunderstorm Brings Kanha Edible Gummies To Colorado, Massachusetts, and Canada
Thursday, October 22, 2020 - 10:41am | 317Cannabis manufacturer Sunderstorm Inc. has introduced Kanha edible gummies in Colorado and Massachusetts, as well as in Canada. The Los Angeles-based CPG company confirmed Thursday it would team up with cannabis manufacturers in each market to reproduce the product...
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Tilray CEO Talks Global Cannabis Interest, New Participants In Bloomberg Interview
Thursday, September 5, 2019 - 12:48pm | 430Cannabis company Tilray, Inc. (NASDAQ: TLRY) participated in The Barclays Global Consumer Staples Conference, and CEO Brendan Kennedy told Bloomberg there is "a lot of interest" among participants in gaining new exposure to cannabis. What Happened Many Fortune 500 CPG brands are looking...
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Amazon Will Be A Disruptive Player In Groceries Over Next 5 Years
Sunday, July 2, 2017 - 5:35pm | 525Analysts at Deutsche Bank hosted a panel of four experts to dissect Amazon.com, Inc. (NASDAQ: AMZN)'s proposed acquisition of Whole Foods Market, Inc. (NASDAQ: WFM). The analyst's main takeaway from the discussion is that Amazon will become a "disruptive player" in groceries over the next five...