It can get expensive fast when trying to buy holiday gifts for your family and friends, and that becomes especially true when you’re searching for cannabis-related gifts! So, we’ve compiled a list of the best cannabis holiday gifts that are under $50. We tried to make them pretty unique gifts, and not just throw products that happen to be under $50 on a list and call it good.
You’ll find a mix of things on this list, and some of these gifts do have THC – so they are only available in select locations.
THC Olive Oil by Om Edibles
Om Edibles infused olive oil is the perfect gift for the cannabis-enthusiast and foodie in your life. Featuring 20 milligrams of THC per teaspoon, this olive oil adds a chill vibe to any dish. It also has approximately 24 total milligrams of CBD, so it balances the THC very well. You can use this infused product just as you would regular olive oil, however that may be! Because of the THC content, this product is only available in California and retails for $29.
CBG Topical by Goodekind
Goodekind’s CBG topical is a unique product for all of the cannabis-enthusiast people in your life. CBG is quickly rising in popularity, with science discovering that the cannabinoid has awesome therapeutic properties – just like CBD! Goodekind’s topical contains 300 milligrams of CBG, as well as other amazing ingredients like organic shea butter, organic beeswax, and organic coconut oil. The topical also includes soothing essential oils, eucalyptus and peppermint. The topical retails for $35.
Plus, when you support Goodekind – you support human rights! An eighth (pun likely intended) of the brand’s profits go to human rights initiatives in the United States.
Kanha Nano Sugar Plum Gummies
Kanha has released a holiday edition of their nano gummies in the flavor Sugar Plum. The Sugar Plum flavor comes in an indica strain, and features 10 milligrams of THC per serving. The gummies use Kanha’s nanomolecular technology which creates a stronger and more hard-hitting effect. Kanha’s gummies are available in California.
Rhythm CBD Seltzer
Rhythm CBD’s seltzers come in three different flavors: blackberry lavender, lemon ginger, and grapefruit rosemary. While they have a 12-pack of sparkling water for $70, you can also purchase a 4-pack for $24 to be well under your $50 budget! The flavors provide different effects, blackberry lavender for sleep, lemon ginger for recovery, and grapefruit rosemary for alertness and vitality.
This is a hemp-derived product, so these refreshing beverages are available in most U.S. states, excluding a few!
Pokers by Elevate Jane
We’ve featured Elevate Jane a few times in our gift guide series, but the woman-owned brand just has so much to offer – and at a great price! Elevate Jane has a few different pokers for all of your cannabis poking needs, and their cute styles make clearing bowls fun! Choose between an avocado, pineapple, or ice cream poker – all styles retailing for just $18. These pokers are the perfect low-cost gift for your bowl smokin’ cannabis friend!
One of the downsides to gifting cannabis products is that a lot of them are only available in certain areas. I can’t tell you how much I’ve hated writing, “This is only available in California”, or wherever the product may be!
I am so thrilled to say that these are the best CBD-only products, which means they are available everywhere! These are the gifts you want to give to your cannabis/CBD enthusiast friends all over the country, no matter where they are.
CBD Sleep Gummies by CBDistillery
Let’s face it. Diets, habits, sleep schedules, and more are usually out of whack during the holiday season. If it isn’t planning Christmas dinner for your family, it’s navigating a global pandemic. You know, 2020 normalcy.
Giving the gift of sleep this year might automatically move you to the nice list. CBDistillery’s 30 milligram sleep gummies infused with melatonin is the way to give sleep. They’re a mixed berry flavor, so even the pickiest of tastebuds will love them. They retail for $60 and have two milligrams of melatonin, too.
Subtle Tea is the CBD gift for your health and wellness friends. Each bottle of tea literally has 5 total calories, and is keto/vegan-friendly. Featuring 25 milligrams of CBD, Subtle Tea is the perfect way to relax and refresh your mind. The tea is also packed with polyphenols and antioxidants for extra immune-boosting support. Choose between jasmine green tea with lychee, white peach tea with cardamom, and ginger white tea with fuji apple.
P.S., there are THC teas for purchase, but they’re obviously only available in select locations.
Mondo CBD Dust
Mondo’s CBD dust is a unique way to get your daily dose of cannabidiol. It literally is just a powder, so it can be easily added to recipes or eaten on its own. It is designed to relieve anxiety and boost your mood, which is the perfect way to enter 2021, am I right? The Mondo powder contains 5 milligrams of CBD per dose, which is just the right amount to start with. Add more or half the dose based on preferences. Your friends will love this gift – but we think it’s totally fine to keep this one for yourself.
Peppermint Bath Bomb by House of Platinum CBD
Is there anything that screams holiday self-care more than a CBD-infused peppermint bath bomb? Probably not. Not only is this the perfect holiday gift for anyone that loves a good soak, but it only costs $8.50! This is a great stocking stuffer, or a gift for the one that has everything. This bath bomb contains 100 milligrams of CBD, which is more than enough to relax you from head to toe.
CBD Cucumber & Peptides Eye Gel from Tribe Tokes
CBD is great for the skin, much of its anti-inflammatory properties translate into skincare when used appropriately. This eye gel by Tribe Tokes encompasses everything that a great CBD gift should. It’s affordable, practical, and full of amazing ingredients. This eye cream is designed to lift the eye area, reduce under eye circles, and increase brightness – all while improving elasticity and fine lines.
The CBD cucumber eye gel retails for $50, and can be found along with other awesome CBD products from Tribe Tokes.
Cannabis gifts are great. They’re fun, exciting, and sometimes, they are limited edition products! It is so much fun to find a unique gift or something that won’t be around forever. We all love the novelty of gift giving, but sometimes – you simply need to stick to the classics.
If you’re gifting to a flower connoisseur, this is the gift guide for you to read! We’ll be featuring both flower and pre-rolled joints for any cannabis enthusiast. As always, the products containing THC are only available in select states.
Indica House Doobie by Caliva
We’ve featured some of Caliva’s products in the previous gift guides, and today we’re featuring them again! The Indica House Doobie is a very chill pre-rolled joint. It has roughly 15% THC, so it’s not a crazy high, but rather a chill and feel-good kind of vibe. This will be the gift for your sometimes-smoker friend, or the one who doesn’t like a heavy hit. This is probably not the joint to buy for your friends that love high-THC strains – but keep reading because we have something for them, too!
The pre-rolls are blended perfectly for optimal burn and consistency, and feature a half gram of cannabis per joint. They’re only $5 for one, so it makes for a perfect stocking stuffer or budget gift!
Christmas Lights by Insane Strains
This cultivar is frosty, merry, and bright. Christmas Lights contains approximately 21% THC, so it can be a heavy hitter. The hybrid flower contains notes of citrus and a hint of pine, with some even claiming hazelnut vibes. The name comes from the glistening frost that covers the Earth after a fresh snow, and Christmas Lights by Insane Strains sure does glisten!
You can find Christmas Lights at Dr. Greenthumb dispensaries in California.
Z Cube by Caliva
Caliva’s Z Cube flower has a little more THC than their Indica House Doobie, so this would be perfect for someone who likes higher THC. According to Caliva’s website, the flower tests out at 25.06% THC. Caliva describes it as a “sweet and tropical blend” that provides an “energetic edge.” An eighth of this flower retails for $35, and is only available for your friends in California!
22 Red’s Caramel Gelato
22 Red’s Caramel Gelato is as sweet as it sounds, featuring fruity and sweet notes. The strain is a cross between Gelato and Orange Apricot, so it has those holiday flavors we all crave! Find Caramel Gelato with dark purple buds, fiery orange hairs, and a beautiful coat of crystal resin on top. Caramel Gelato is considered a hybrid indica, and can be found in dispensaries in Arizona and California. Caramel Gelato has a pretty high THC content, so only give this strain to those who can handle it!
Her Highness x Last Prisoner Project’s CBD Pre-Roll
It’s cannabis with a cause! And thankfully, this pre-roll can be gifted to your friends anywhere since it is hemp-derived CBD. This is the perfect gift for the cannabis enthusiast that loves to support a great cause.
Her Highness CBD partnered with the Last Prisoner Project to create this pre-roll with a message. Each package has the story of one of three women The Last Prisoner Project helped release, and 50% of the proceeds go to these women and other women like them who have been impacted by incarceration due to non-violent cannabis charges. It will feature one pre-roll and a lighter and costs just $15, making this the perfect stocking stuffer!
Justice Joints donates 100% of their profit to those most affected by cannabis prohibition. Specifically, to the expungement, release, and rebuilding of these lives who are affected. Currently, there are 40,000 people sitting in prison for cannabis crimes as a legal industry encompassing the very thing they are imprisoned for blazes on outside their cells. Those working on behalf of these people will not rest until every last cannabis prisoner is free.
The joints are available in indica, sativa, and hybrid strains for under $10.
Today’s gift guide is all about glass pieces. Glass deserves a category all to itself, the gifts we have on this list are very unique. If you know a glass connoisseur, this is the guide you’ll want to read. There is something for every budget on this list, as well as a product for (most) people who like to use glass.
KHaring x Higher Standards
We featured a KHaring glass rolling tray in the gadgets and accessories guide, but Keith Haring’s art can also be purchased on glass pieces! The KHaring line has multiple different tools, and you can choose from a few different pictures. Choose between a KHaring rig, pipe, bubbler, water pipe, and taster pipe.
Keith Haring’s artwork is known for being a little bit obscure, so this is the perfect gift for someone that appreciates all things art, and ideally, all things unique. Keith Haring was also an activist and often used his artwork to spread messages that were important to him. “A social activist and creative visionary, Haring used his artwork to spread messages of peace, love, equality, and compassion,” reads the website. The taster starts at just $20, and the water pipe is the most expensive at $160, so there is something for every budget!
Petal Pipe by Elevate Jane
This is a gorgeous and feminine pipe with amber-colored glass, created by Elevate Jane. Elevate Jane is owned by Angela Mou, a female entrepreneur of color with her sights on disrupting the cannabis space – in all of the best ways.
The pipe features pretty pink flower petals on the inside, which are not painted on, but rather expertly blown. This ensures the integrity of the flower petals, they won’t fade away like painted on petals would. It is handblown, so you can trust that your pipe was created with the utmost love!
This beautiful piece retails for $69 and may require the signature of someone 21+ years upon delivery.
Marley Natural Glass & Walnut Spoon Pipe
This is a gorgeous piece for people who just love the classics. Whether that’s classic style, movies, or music – your cannabis loving recipient will appreciate the simplicity of this glass and walnut spoon pipe by Higher Standards. The parts are detachable which makes for easy cleaning and maintenance. It retails for $60, so it is fairly affordable for a product of such high quality and class.
Crystal Pipe by Elevate Jane
We are going to talk about Elevate Jane again, because they are coming through for us with the glass pieces. Elevate Jane’s crystal pipes are gorgeous, and some believe crystal provides helpful properties to encourage healing and restoration. Elevate Jane offers so many different kinds of crystal pipes, choose from: clear quartz, tourmalinated crystal, rose quartz, amethyst crystal, green aventurine, labradorite crystal, smoky quartz, and black obsidian. They are all so different looking, so head to Elevate Jane’s crystal pipes to choose the best one for your recipient!
Stundenglass Gravity Hookah
Okay, so this is the gift you give to your person. Whether that’s your partner, your best friend, your mom, or yourself – this is the big one. You don’t give a Studenglass gravity hookah to just anyone. It was just released, so it is a brand new gift. Vape and smoking accessories company, Greenlane Holdings (NASDAQ: GNLN), is the exclusive distributor for the Studenglass gravity hookah.
This multi-use tool retails for $500, but for a great reason. It is a 3-in-1 design, offering multiple uses including a hookah, concentrate, and dry herb consumption. It is also compatible with concentrate accessories such as the G Pen Connect. Accessories like the G Pen are connected through an included male-to-male adapter.
“We are thrilled to introduce Stündenglass to our dynamic customer base,” said Aaron LoCascio, Founder and Chief Executive Officer of Greenlane Holdings. “The Stündenglass team has exhibited great ingenuity in developing their flagship Gravity Hookah and the result is one of the most technologically-advanced smoking accessories in the industry. We hope to improve the overall consumption experience for our customers around the world through this launch.”
Food Pipes by Elevate Jane
Elevate Jane’s food pipes are perfect for any cannabis enthusiast that loves, well… food! The pipes from the women-owned brand are so cute, choose from pieces shaped like an avocado, an eggplant, an ice cream cone, delicious-looking sushi, and other fun pieces. They add a little bit of fun to the smoking session, and they are really pretty, too.
No disrespect to the other gift categories that we have already done and have planned for this month, but I was most excited to write the luxury gift guide!
If you’re involved with the cannabis industry at all, you know that there’s a side of it that tries to make things a little more luxurious. Nice dispensaries with an amazing interior and top of the line technology, gourmet and decadent edibles, etc. I love seeing the innovative things the cannabis industry comes up with, and this guide is for those of you that want to give a gift with a little more oomph.
Hervé is a French company, so you already know their macarons are incredible and authentic. Each macaron has 10 milligrams of THC, and has three total macarons per box. They are currently only available in Nevada, so only residents of that state have access to Hervé. They do have products available in Reno or Las Vegas, so if you’re in California you might be willing to make the drive for some macarons, too!
The box they come in is amazing. It’s just a simple white box, but it’s very sturdy and it just feels luxurious. Hervé’s brand screams luxury, so if you’re looking for a gift for the cannabis enthusiast with a more refined taste – look no further!
Hemp Beard Kit by Franny’s Farmacy
I was so excited to receive this hemp beard kit by Franny’s Farmacy in the mail! My husband has a beard, so we tried it right away. It comes with a really nice wooden comb and a beard oil. The comb is durable and folds up, so it’s portable!
The smell is really nice, it isn’t overpowering like a lot of beard oils are. It has a woody and herby scent, but it’s also slightly sweet. It has moisturizing ingredients like jojoba oil, hemp seed oil, argan, and vitamin e oil. The moisture lasted in my husband’s beard for at least 24 hours, which is really great. This kit retails for $30, so it’s a really affordable gift for all of the beards in your life!
Higher Standards x Edie Parker Mini Roach Clip
This roach clip is the epitome of a luxury cannabis gift. It’s handcrafted in Peru, and made with 100% black rhodonite.
The roach clip is the product of a collaboration by Edie Parker and Higher Standards. It’s part of the Sustainable Artisan Development Project, which impacts over 300 women annually and empowers new craft economies in Peru.
This is the perfect gift for joint and blunt smokers alike; it’s the perfect way to smoke your roach down to the end without burning your fingers. Plus, it’s gorgeous! The Higher Standards x Edie Parker roach clip retails for $85.
Empress Teas was founded by Bethany Stiles, a female entrepreneur in the cannabis space. The teas are infused with water-soluble CBD and contain a botanical blend of fair-trade flowers.
“We aim to inspire, motivate and encourage our consumers through our community of wellness practitioners who help us create these resources like the Morning Ritual Guide attached. Even our marketing assets are interactive, like our notecard handouts that have prompts on one side with a writable surface for people to log their intentions for the day, what they are grateful for, and how they can show themselves love today,” says Stiles. Empress Teas is the perfect luxury gift for the one in your life who deserves to relax. Especially with the cooler months already here, a warm cup of tea is the perfect way to warm up!
1906 Drops are a whole new kind of edible, and the brand claims to be the fastest acting edible on the market. There is a Drop for any gift recipient in your life, no matter who they are.
The brand offers six different experiences, allowing customers to choose between Genius for powering through the workday and improving mental power containing 2.5 milligrams of both CBD and THC, Love to increase sensuality with 2.5 milligrams of CBD and THC, Go to promote energy and alertness with 5 milligrams of THC and CBD, Bliss to encourage a happy sense of wellbeing with 5 milligrams of CBD and THC, Chill to promote tranquility and peace containing 5 milligrams of THC and 25 milligrams of CBD, and Midnight to help a better night’s rest with 5 milligrams of THC and CBD.
Because there is THC in 1906’s Drops, the products are only available in Oklahoma, Colorado, and Illinois dispensaries.
House of Saka Wine
House of Saka is the first-ever THC “wine” made from Napa Valley grapes. This infused beverage is only available in California and via cannabis delivery service, Ganjarunner. This gift is perfect for wine-loving cannabis enthusiasts that may be trying to limit their alcohol consumption. The beverage is entirely alcohol-free, and contains a perfect ratio of THC to CBD.
Since 2017, Canadians and Americans have steadily increased their spending on cannabis edibles. In 2017, about $1 billion were spent on cannabis edibles – while 2022 is predicted to reach $4.1 billion.
This data should fully convince you that any cannabis enthusiast in your life needs edibles in their stocking this year. As part of our holiday gift guide series, we’ve rounded up the best edibles for the 2020 holiday season – both THC and CBD alike!
Okay, so not really an edible – but kind of. Soul Grind by Caliva is a CBD coffee, made with organic cold brew. It has no added sugar, no dairy, and no gluten – so it is pretty friendly with dietary restrictions! Soul Grind has 10 milligrams of CBD per can, along with 100 total milligrams of caffeine. This is the perfect gift for anyone in your life needing a little bit of calm energy, aka every single last one of us, after this year!
Choose between three flavors: Mexican chocolate, black, and vanilla. Choose one of these flavors in a 12-pack for $59.88, or a sampler 6-pack for $35 if you don’t know which flavor your recipient would like best. Like mentioned above, Soul Grind is hemp-derived, so it can be gifted across all 50 states!
Deli Nickels – Limited Edition Citrus Spice Winter Edition
There’s something about the wintertime that makes citrusy-spice so good – probably the warmth it brings in the cold months!
We are bringing it back to Caliva, but this time it’s a THC product. The Deli Nickels are citrus spice gummy rounds, containing 100 total milligrams of THC per package.
Since THC is illegal under federal law, only your California livin’ friends will be able to take advantage of this amazing gummy. The gummies boast a fruity burst of blood orange flavor, paired with the warmth of spice. These nickels are only $15, so they are workable for any budget! Caliva was recently taken over by the Subversive SPAC (SBVCF).
YOOFORIC’S CBD Chewing Gum
YOOFORIC’S CBD chewing gum claims to have the best absorption rate on the market, boasting a rate of 84%. Chewing is said to reduce anxiety and have other health benefits, so throw in some anxiety-reducing CBD and you’ve got yourself the perfect gift for anyone looking to relieve some stress!
The 30-pack of gum retails for $65 and contains 50 milligrams of hemp oil per piece, while the 10-pack goes for $35. The gum accommodates many dietary preferences; it is vegan, gluten free, sugar free, non-gmo. Because it is CBD, there’s no risk of feeling any sort of high. Plus, it is available in all 50 United States – so you’re able to gift it to anybody!
CBD brand, Five, just launched a line of gourmet CBD chocolates made with fair-trade cocoa, Florida Golden Cane Sugar, and a full-spectrum hemp extract. Do you know a health-conscious, CBD lovin’, chocolate fan? Five just made you the best holiday gift giver around.
The chocolates come in two different strengths, in your choice of four different flavors. Choose Original Strength for $29.99 with 50mg CBD and 2mg THC per square, or Daily Buzz which retails for $39.99 and has 50mg CBD and 10mg THC per square. The flavor choices are: Original Milk Chocolate, Sea Salt Dark Chocolate, Peppermint Dark Chocolate and Toffee Crunch Milk Chocolate.
Lost Farm by Kiva Confections
Cannabis-infused edibles company, Kiva Confections, has just launched a new edibles brand, Lost Farm. Lost Farm is a gummy and chews line, and it does have THC in it – so it is only available to your friends in California. Sorry to the other 49 states, you’ll have to indulge in another cannabis edible this holiday season.
The debut line features three fruity gummy flavors, with their fruit chew flavors launching later this year. The chews and gummies will retail for $20 and have 10 milligrams of THC per dose. So far, the flavors are Citrus Spritz, Raspberry, and Strawberry. Lost Farm is brand new, so give the gift of being part of a new brand to a friend this year – I am sure they will be glad you did!
What’s a cannabis gift without accessories and gadgets? We’ve got a couple of unique gifts on this list, and there is something for everyone. Whether your gift-receiver is a new, seasoned, or anywhere-in-between cannabis user, there is sure to be something for them on this list!
Tokyo Smoke Luma
The first gadget on our list is Tokyo Smoke’s Luma vape. Tokyo Smoke is owned by cannabis giant, Canopy Growth (NASDAQ:CGC).
The Luma is unfortunately only available to Canadians, so only your favorite Canucks will be able to receive this as a holiday gift.
Choose between Go, Equalize, and Pause – featuring a high-THC formula, a pretty even THC/CBD ratio, and a high-THC indica, respectively. We love that Tokyo Smoke is providing an option for everyone! This typically retails for $55, though the price may vary by province. It is a pod design, you just pop your pods in the vape and go. The pods are sold separately from the vape. Choose between a black or white vape with ceramic heating. The design is so sleek that you can leave it on your counter top or desk for easy access, and the vape is portable and discrete.
Terp Timer by OCTAVE
The Terp Timer is the gift to choose for anyone that loves a good dab. The classy, futuristic-looking machine can sit beautifully on your desk or kitchen counter – ready and waiting for you. The machine itself is really small, it won’t take up much room and it fits in the palm of your hand.
The Terp Timer allows you to dial in on the exact temperature that you want, allowing you total flexibility and freedom over your dabbing experience. It is really simple the way it works, you kind of just hover a rig over the Terp Timer and allow the heat to heat up the dab. It is very quick! Choose between a glossy black or silver alloy color. The Terp Timer retails for $149.
Stashtray by Myster
Gone are the days where you store your stash in a ziplock bag and smoke out of a water bottle you bought at the corner store.
We are much more refined in 2020, and while we all still love a good smoke, we’ve upped our game a little bit since 2006 – right? Myster has created the Stashtray, the all-in-one toolset for the daily cannabis user. All of the parts easily close up in a nice, eye-catching box – making it the perfect conversational piece!
The Stashbox features a stainless steel rolling tray, hand-welded together to create a mirror finish – definitely an upgrade from the magazine you’ve been using as a rolling surface.
In addition to the rolling tray, the Stashbox will come with a Myster strain container to hold your stuff, a four-part Myster grinder, and an innovative ashtray that has a spike on it to clean your pipe. What else could you possibly need? The Stashtray retails for $250.
Keith Haring’s Tray
Late artist Keith Haring, best known for his graffiti-inspired artwork in New York City’s subway stations, is living on through cannabis accessories that are covered in his heart. Haring dedicated most of his work to spreading AIDS awareness, a disease he eventually passed away from in 1990.
This rolling tray is covered in Haring’s work, so it is the perfect gift for the artist/cannabis enthusiast in your life. There are so many different thought-provoking pictures to choose from, and they are all works of Haring. This rolling tray retails for $60, and will make any cannabis user feel like a connoisseur. It can be used to prepare a bowl, roll a joint, or hold some of your accessories.
Green Goodness Bowl by Sherwood Forest Designs
Sherwood Forest Designs produced a gorgeous, limited edition cannabis bowl for the cannabis and food enthusiasts in your life! The bowls have a very natural look to them, with a very realistic cannabis leaf on it. They’re perfect for everyday use, and serving guests!
The Green Goddess Bowl is made with hand turned maple, and has been sealed eight times with a non-toxic water based clear coat so you can use your bowl every day – without causing wear and tear. This bowl is not dishwasher or microwave safe, and should only be hand washed with soap and water.
This bowl is heirloom quality, and can be passed down from generation to generation. You can also select serving spoons to come with it. Each bowl will come with a recipe for Tabbouleh Hemp Salad, as well as a recipe for CBD salad dressing. Choose between colors midnight black and ivory hemp.
It’s time for your Daily Hit of cannabis financial news for December 2nd, 2020.
On the Site
Hydrofarm Plans IPO to Pay off Debt
The independent branded hydroponics company with a comprehensive distribution platform, Hydrofarm Holdings Group, Inc. said it was launching an initial public offering of 8,666,667 shares of its common stock. The initial public offering price is expected to be priced between $14.00 and $16.00 per share. The company is hoping to raise $118 million, but the over-allotment option could bring that to $136 million.
2020 Holiday Gift Guide: Cannabis Gift Sets
Green Market Report launched our holiday gift guide this morning, kicking off the series with something easy – gift sets! The guide featured mainly hemp-derived CBD products so you can buy them for your friends anywhere, plus a local-to-California holiday box set for a friend in eligible counties.
Look at products from Nugg Club, Charlotte’s Web, Level Select, Caliva, and the Martha Stewart CBD line.
Executive Spotlight: Michael Beaudry
Mike Beaudry is the founder and CEO of HERBL, which has quietly become California’s largest distributor – with dozens of popular brands (Raw Garden, Select, and Garden Society, etc.) and 850+ dispensary customers.
“I’d love to look back and feel we have lived up to our core principles of demonstrated passion, unrelenting integrity, flawless execution, and to have honored the legacy of California cannabis while helping create its future,” says Beaudry of HERBL.
SprinJene And Zelira Deliver CBD Oral Care Line
SprinJene and its partner Zelira Therapeutics (ASX: ZLD, OTCQB: ZLDAF) today officially launched their new CBD oral care line. In September, we reported on their partnership announcement and the future launch of their new hemp-derived CBD oral care line.
In Other News
Columbia Care Officially Acquires Project Cannabis
Leading cannabis product developer and retailer, Columbia Care (CCHWF) has officially completed the acquisition of Project Cannabis, LA-based dispensary and cannabis delivery service. The total transaction includes roughly $52.5 million in Columbia Care stock, as well as an additional $16.5 million expected to come from selling some of Project Cannabis’ real estate assets.
“The transaction is immediately accretive to adj. EBITDA and cash flow, and California is now one of our top five markets by both revenue and profitability. We look forward to driving additional operational and financial synergies with Project Cannabis as we leverage their adult-use and wholesaling expertise across the rest of our U.S. markets,” CEO Nicholas Vita commented.
To make at least one thing easy in 2020, we are kicking off the Green Market Report holiday gift guide series with the best gift sets to purchase for all of the cannabis enthusiasts in your life this year! Gift sets are the perfect choice for anyone trying to work smart, not hard this year and let’s face it, we all need to take it easy this holiday season! These gift sets are great, just order, wrap, and gift – you’re done and you don’t have to stress.
There is something on this list for everyone, so if you are buying a gift for a cannabis/CBD lover – read on!
First up on our list is Nugg Club. This is a very unique gift set, and the only one on our list that has marijuana, and not hemp-derived, products! Because of this, Nugg Club delivers only locally to Orange County and most of Los Angeles, California. The cool thing about Nugg Club is that it is a subscription service, you can get a box of awesome cannabis products delivered to your door each month – no dispensary line hassle!
They’ve put together a holiday subscription service that makes gifting a box to your friends in California so much easier. Choose between a one, two, or three month membership – or you have the option to give them a $65 gift card!
A sample box received by the Green Market Report came with some really cool products, like cannabis-infused pineapple syrup with 200 total milligrams of THC by Cannavis, a box of full-sized pre-rolls, a box of mini pre-rolls, a king sized pre-roll infused with oil and kief by Cali Green Gold, spicy passion fruit cannabis-infused gumdrops by Serra, cannabis-infused hard candies by Oasis, vegan gummies by Flav with 100 milligrams of THC, as well as a Coda chocolate bar and some watermelon gummies by Elefante.
Nugg’s holiday box is a $225 value, but priced at $99 a box plus tax! Keep in mind, California has a cannabis sales tax, too, so it might come out to around $120 with tax depending on how much you purchase.
The famous CBD brand really went above and beyond this year to provide a gift set for everyone. The company has released four gift sets for the 2020 holiday season. All gift sets can be purchased directly on Charlotte’s Web’s website. Right now, they are actually having a 30% off sale on their gift sets – so run, don’t walk, and grab your set! They are all customizable and allow you to choose products that best meet yours (or your recipient’s) needs!
The Calm gift set is the set to choose for the one who has been working hard all year long. It features three CBD products: CBD gummies, an oil, and a CBD roll-on. The Calm gummies have delicious lemon balm extract infused with CBD, and the lemon balm addition is perfect for melting your stress away.
Choose a 60 milligram bottle of CBD oil in your recipient’s desired flavor, plus a hemp-infused roll-on! The Calm gift set starts at $164.97 when there isn’t a sale happening. This is the perfect set for anyone dealing with extra stress, and you’d be hard-pressed to find someone who doesn’t need a little calm right now!
The Sleep gift set is perfectly designed to help the ones in your life who need a good night’s rest – or a few good nights of rest! Give the gift of great sleep this year, who wouldn’t appreciate that?
This contains delicious CBD gummies infused with melatonin and you can choose between a 30, 60, or 90 count! You can also choose 60 milligram CBD oil in orange blossom, lemon twist, or mint chocolate. Select a hemp-infused roll-on with the choice of two soothing scents: lavender or mint. The sleep set retails at $164.97 without the sale!
The Recovery set is the gift for anyone needing a little R&R! Choose between a CBD balm or a stick version of the balm for on-the-go recovery. The balms are thicker in consistency than the roll-ons in the other set, so it’s perfect for lathering on those sore muscles. Like the other sets, you can choose between a 30, 60, or 90-count jar of gummies and your choice between a lemon twist, orange blossom, or mint chocolate flavored CBD oil.
This set retails for $139.97 when the gift sets aren’t on sale. You have your choice between a 60 or 90-count bottle of the Recovery or Sleep gummies, a few different sizes of CBD oils and flavors, as well as your choice of a cream or balm CBD topical. This is perfect for couples to enjoy the experience of using CBD – together.
LEVEL SELECT is the gift set to choose for any athlete in your life! Seasoned athletes, beginner athletes, and weekend warriors alike will treasure this gift set like gold. All of the products are hemp-derived, so no worries about getting any sort of psychoactive effect like with marijuana. This set features Level 2 CBD oil drops and the brand’s Level 3 Sports Cream.
This brand is a favorite of many athletes, including PGA golf pro Rickie Fowler, former NFL quarterback Carson Palmer, and WNBA legend Ann Myers Drysdale. The LEVEL SELECT gift set retails for just under $100 at $99.99, a fabulous deal for anyone!
Be Merry and Well by Caliva
Caliva’s Be Merry and Well gift set is the perfect one for the amazing people in your life who need self-care. You know the ones. The hardworking, never stopping, hustling people in your life, they are the ones who need this set.
This set is truly an unbeatable price, retailing for only $50 – making it the lowest price gift set on this list!
For just $50 you’ll receive a CBD moisturizing serum to refresh and soften skin, a luxurious CBD bath bomb, and a fun tote and a cosmetics bag! This is also the perfect Secret Santa gift that requires you to stay under $50! Skip the traditional candles and holiday coffee mug this year and grab this gift set instead for your next holiday party.
Martha Stewart’s CBD Sampler
Who doesn’t love Martha Stewart?! She has an incredible CBD gummy sampler pack featuring a whopping 15 different flavors. The set retails for $64.99 and the 60 gummies feature a CBD isolate extract, so no worries of THC!
Each gummy is 10 milligrams and comes in a delicious, gourmet fruit flavor. There are some truly mouthwatering flavors like red raspberry, green apple, and strawberry, as well as some more unique flavors like rhubarb, persian lime, passionfruit, and grapefruit.
This is the perfect set for any Martha Stewart fan in your life, or simply someone that loves a great, thoughtfully-crafted CBD gummy! The gourmet flavors are sure to be a hit for any palate, and the box is so beautifully designed that it would even look nice on your countertop.
It’s time for your Daily Hit of cannabis financial news for December 1st, 2020.
In Other News
Choom Announces Results from Q1
Canadian-based retail cannabis store, Choom, has announced their first quarter results from 2021. The company reported a record revenue of $6.1 million. This is up 50%, by $2 million, from Q4 2020’s $4.1 million revenue.
In addition to increasing their revenue, Choom reported a 3.06% increase in their gross margins. Q1 2021’s gross margin totaled 36.33%, while Q4 2020 reached 33.26%. The press release reads: “Choom continues to make strides in our strategic path to profitability, increasing sales while right sizing expenditures, improving margins, and inventory efficiency through our centralized product team resulting in a positive adjusted EBITDA for the quarter of $35k.”
In addition to their financial success, Choom proudly reopened one of their stores in Q1 that closed down due to COVID-19. They also opened another one during Q2, bringing the company’s open and operating store count to 14.
The Green Market Report focuses on the financial news of the rapidly growing cannabis industry. Our target approach filters out the daily noise and does a deep dive into the financial, business and economic side of the cannabis industry. Our team is cultivating the industry’s critical news into one source and providing open source insights and data analysis