REPUBLIC NATIONAL DISTRIBUTING Company recently announced its entry into the CBD business. RNDC signed distribution agreements with DayTrip, Oh Hi, Sati Soda, and Wyld CBD. Their products will be sold in Alaska, Colorado, Florida, New Mexico, Okla-homa, Oregon, and Texas, where CBD is legal and legislated by the states. The distribution agreements are effective in mid-August.
Stephanie Honig, president of the Napa Valley Cannabis Association, is consulting on CBD brands and strategy as RNDC enters the new category. “The sober curious view CBD as an alternative to alcohol, it’s growing in the health and wellness space, and it’s growing on-premise in restaurants and bars,” Honig told Impact. “So there’s clearly an opportunity for a company like RNDC that’s been a leader in wine and spirits for decades to also lead…