The legal status of CBD in the UK is reflected in many countries worldwide, with the main difference being the levels of THC allowed in the finished product.
CBD has seen such a rapid rise to popularity in the UK. In the last few years, over 6 million people in the UK (11% of the population) have tried CBD oil and the market is now larger than both the Vitamin C and Vitamin D industries combined – coming in at a value of £300 million
So why does such a mainstream and popular product still have a stigma attached to it? You have probably experienced this yourself when bringing it into conversation with friends or colleagues – “isn’t it cannabis?” “is it legal?” are frequently the responses we receive. Yes, there is a close association to cannabis, but a distinct difference separates them on either side of the law.
Sativa Group Plc (AQUIS: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.