Irish CBD drinks company Parachute wins Dunnes listing

The drinks company said it aims to stock its products in 1,000 stores across Ireland by the end of 2022

The global CBD drinks market is expected to reach $14.6 billion in value by 2026. Picture: Parachute

Parachute, an Irish CBD drink company, has won a national listing with Dunnes Stores.

The deal, which will see the brand’s CBD-infused fizzy drinks stocked in 98 Dunnes Stores nationwide, will be worth approximately €150,000 in yearly revenue to the drinks company.

“This is our biggest listing to date,” Alan Shubotham, director of sales at Parachute, said. “It’s a big boost. It’s our biggest listing to date in terms of rolling out across an entire ...