Pop-up shop
More evidence (if you needed it) of CBD becoming more
mainstream and, well, socially acceptable, is London’s
newest pop-up shop. Recently opened on the King’s Road,
Chelsea it stocks everything from supplements to fancy
skincare, mints, gummies and tinctures. Not shopping in
Chelsea anytime soon? Check out thedrug.store to shop
online.
‘Paid tha cost to be tha Boss’
Snoop Dogg’s company Casa Verde Capital has invested
in a financial technology firm in Sweden. The US rapper,
who is known to take an interest in CBD companies, also
appears in a marketing campaign for the fintech company
Klarna Bank. Read more on pages 86 & 87.
Get involved
A Californian non-profit founded by two journalists is asking
CBD users to participate in their online survey into the
many uses of CBD. The data collected will track the use
and impact of CBD providing “real-time results,” according
to the website. To take the survey, go to projectcbd.org/
cbd-research
Italy’s THC limit could change
As with the UK, and many other European nations, the
laws around hemp-based products can be ambiguous. The
Italian government is trying to change that, and has recently
informed the European Commission of its plans to clear up
the grey area surrounding the THC limit of hemp-derived
CBD, according to farming site Agro Notizie. This means
Italy could limit THC content to 2mg per kg (that’s 0.0002
percent) for hemp seeds and derived products such as
hemp seed flour, as well as food supplements. Agriculture
undersecretary Alessandra Pesce spoke to Agro Notizie:
“There’s an open dossier, which we are working on right
now, and we hope to be able to issue a ministerial decree
about fixing the limit of THC allowed in food derived from
industrial hemp.”
CBD-Intel
Want the latest on regulation, market movers and legalised
territories? Check out CBD-Intel, a website which provides
regulatory and market intelligence for the CBD sector.
From explainers on novel foods to their global regulatory
tracker, if you’re in the CBD business you may want to
know these things first.
Potent stuff
The potency of European cannabis has doubled in the last
decade, according to a study published in the Addiction
journal. A team of researchers from the University of Bath
and King’s College London have found that both cannabis
resin and herbal cannabis have increased in strength,
as well as price, across the continent. They say the
concentration of THC present in the plant has jumped from
five percent in 2006 to 10 percent in 2016. Lead author
on the study at the University of Bath is Dr Tom Freeman.
He said: “CBD has the potential to make cannabis safer,
without limiting the positive effects users seek.”
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