CBD drink maker signs deal to get products in Circle K, Speedway convenience stores

A major convenience store broker has reached an agreement with a Canadian company to distribute its CBD drinks across the U.S. at gas stations including Circle K and Speedway.

Kentwood, Michigan-based Shankman & Associates announced this week it had a deal with Centr Brands Corp., which recently launched its first CBD drink.

“We are proud to be Shankman’s first CBD beverage, and thrilled with the opportunity to partner with them,” said Joseph Meehan, CEO of Centr Brands Crop., based in Vancouver, Canada.

Shankman & Associates works with a variety of retailers, including supermarkets and vending companies, but one of its larger sectors is convenience stores. Other convenience store partners include:

  • TravelCenters of America.
  • Kwik Trip.
  • Thorntons.

Shankman operates in Kentucky, Illinois, West Virginia, Indiana, Michigan, Ohio, Tennessee and Wisconsin.

Centr Brands is based in Vancouver and trades on the Canadian Securities Exchange as CNTR.

6 comments on “CBD drink maker signs deal to get products in Circle K, Speedway convenience stores
  1. Greg Martin on

    It’s a shame that the US is letting foreign companies sell CBD products into our market, when our our homegrown manufacturers/growers are struggling to get federal/state guidance in order to confidently to move forward.

    Reply
    • mark on

      agree; but also risky for this broker and Circle K and Speedway to be stocking, selling this product since FDA has yet to approve CBD in any food/beverage item
      and though may not get pulled from shelves (as long as businesses did their homework for each state the product being carried) product still has to adhere to claims and marketing standards/regs of the FDA and FTC as watchdogs of CBD based products
      Also, Circle K and Speedway could have as easily found a US manufacturer of such a product if asked for it from its brokers….and the broker could have tried to strike deal with US manufacturer too if wanted to
      This an unfortunate play by a US broker working with a Canadian instead of US based company.

      Reply
    • Mira Labell on

      Its a much bigger shame that a Vancouver, BC, CANADA beverage company can’t distribute its products in a CANADIAN retail chain, which Circle K is (Alimentation Couche-Tard TSX: ATD. A / ATD.B) because it says CBD on the label. If CBD was replaced with “hemp terpene extract” its ok. CBD is a regulated product under Health Canada’s Cannabis Act, despite it having no THC or any intoxicating effects in this beverage!!!! Go figure. They literally have to take a Circle Route to get their products to market.

      Reply
  2. John Harbeson on

    Just what we need, another drink the kids will be drinking and people buying with food stamps. It needs regulated by FDA and needs to be an age restricted product and allowed on food stamps as it is not a nutritional product.

    Reply

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