Millions of people in the UK have already tried CBD and reports suggest the market could soon be worth as much as £1 billion a year. It is clear the use of CBD is a growing trend – one that is not going to go away any time soon.
What is CBD oil?
Cannabidiol – usually referred to as CBD for short – is one of the cannabinoids in cannabis plants and accounts for close to half of the plant’s extract.
CBD can be taken in a number of different ways, but oil is the most common in the UK. CBD should also not be confused with THC, which is the element of cannabis that leads to psychoactivity – the feeling of being ‘stoned’ or ‘high’. CBD is also not the same as hemp oil.
Sativa Group Plc (NEX:SATI) is the UK’s leading quoted CBD Wellness and medicinal cannabis group with five operating subsidiaries. Goodbody Botanicals provides CBD products online and to retail markets including pharmacies, wellness stores and grocers. Goodbody Wellness is a high-street retail brand with dedicated CBD Wellness stores providing a premium shopping experience to consumers. Tessellate Collective is a direct-selling network marketing platform servicing consumers at home. Phytovista laboratories provides independent testing of CBD products to both external customers and fellow Group businesses. Sativa Grow holds a Controlled Drug licence and cultivates cannabis plants to fulfill its partnership agreement with King’s College London to research the impact of cannabinoids on inflammation and respiratory conditions.