Resonate Foods, an Eddyville, Ky., based hemp grower and processor, announced a $2.7 million plant in Lyon County, Ky.

LumiGrow, Emeryville, Calif., released BarLight vertical grow light solutions designed to create high-density cultivation in the cannabis industry.

Although a large sector of cannabis products remain illegal under U.S. federal law, state-legalized cannabis and cannabidiol (CBD) from hemp will translate into billions of dollars in revenue, according to research from Nielsen, New York.

BevCanna Enterprises Inc., Canada, announced the results of its North American-wide consumer study, focused on product and consumption preferences within the cannabis-infused beverage market.

Elmhurst 1925, Elma, N.Y., expanded of its Hemp Creamer line to include new French Vanilla, Hazelnut and Golden Milk varieties.

U.S. farmers are quickly expanding hemp acreage to take advantage of the booming demand for CBD compounds used in the food and beverage industry.

Heliospectra, Chicago, introduced the new ELIXIA model, featuring a high input voltage ranging from 277- 480VAC power supply for software-controlled LED light solutions.

A new study from Culinary Visions, Chicago, examines consumers' knowledge, attitudes and preferences toward a variety of food and beverage products made with cannabis ingredients.

The cannabis market size is expected to grow from $10.3 billion in 2018 to $39.4 billion by 2023, at a CAGR of 30.7% during the forecast period, according to market research from Report Linker, France.