MilliOnAir | MEET THE CBD Oil Entrepreneur
George Thomas Strikes Oil
WITH EXCITING NEW PROJECT
A “serial entrepreneur” with a sharp eye for the latest health trends says now is the time to back production of top-quality hemp-derived cannabis oil (CBD) in the UK.
NTREPRENEUR George Thomas is confident he has struck oil with his latest venture. The 29-year-old businessman who established George
E
Botanicals says he is convinced the time is right to back the production of high-quality hemp-derived cannabis oil.
And the figures back him up.
The product, more commonly known as CBD (cannabidiol) oil, is one of the fastest-growing industries in the UK.
Sales reached £90 million last year, but are expected to reach almost £200 million this year – that’s an astonishing rise well in excess of 100 per cent!
George says CBD oil has already helped thousands of people. But as the oil is currently classified as a food supplement, George is careful not to make any predictions about its efficacy.
However, cannabis-derived products are gaining increasing recognition for their beneficial effects by leading authorities including the World Health Organisation (WHO).
In an exclusive interview, George explains: “We are always ultra-careful with anything we say to promote our products. At the moment, the oils are registered as a food supplement, although there is a movement to reclassify them. For now, we simply suggest that people try our different
types of oil. We never claim it is a miracle cure for anything.
“But I am passionate about CBD, it is not just a fad. We are serious about this product and we are already working with King’s College, London to research the impact of cannabinoids on inflammation and respiratory diseases.
“We are the first company of its kind in the UK and we really believe in the benefits of CBD.”
George, who admits to having successfully dipped into many fund-raising ventures before he discovered the hemp business, explained how he got involved.
“I’m a serial entrepreneur, always looking for the next trend and, after monitoring the cannabis oil production industry in Canada and the United States, where it has existed for some time, I could see this was an exciting development.
“To give you an idea of the scale of what is happening in California for example, this year the value of cannabis-derived products is set to outweigh that of beer sales.
By Editor at large Laurie Stone