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Martha Stewart launches CBD line with backing from Canopy Growth, Marquee Brands

Clyde Edgerton by Clyde Edgerton
November 29, 2023
in Markets
Martha Stewart launches CBD line with backing from Canopy Growth, Marquee Brands
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Martha Stewart CBD on Wednesday unveiled a line of CBD edibles offering aid in sleep and other potential wellness benefits, with backing from Canopy Growth Corp. CGC CA:WEED as well as Marquee Brands, a licensing and development company backed by Neuberger Berman Private Equity. Martha Stewart’s Sleep CBD Gummies sell for a suggested retail price of $59.99 for 60 gummies containing 25 milligrams of CBD and 3 milligrams of melatonin. Separately, Canopy Growth stock was up by 1.2% in premarket trading on Wednesday.

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