RE: Cellular Goods launches first CBG skincare and CBD ingestible products on new website1 Dec 2021 09:25
Here is the commentary from Proactiveinvestors.co.uk
Cellular Goods PLC (LSE:CBX) launched its initial cannabigerol (CBG) skincare and cannabidiol (CBD) ingestible product ranges via a new online shopping site.
The skincare range, available on cellulargoods.co, consists of a face-oil and an after-shaving moisturiser made from the company’s lab-made cannabinoids, which do not require the cultivation of the cannabis sativa plant and contain 0% of the psychoactive THC component.
Cellular Goods said this range is the UK’s first premium CBG skincare offering.
A skincare serum will be available for sale from February 2022 after supply constraints at a manufacturing partner held it back from the initial launch.
The products contain ultra-pure, biosynthetic CBG, which has demonstrated anti-inflammatory, anti-oxidant and anti-bacterial properties, it said, with all the products tested in an “extensive” process and “fully validated” for labelling as suitable for sensitive skin, dermatologically tested and dermatologist approved.
The edible range, which initially comprises a tincture, a spray and capsules, is made using clinically validated CBD and complies with novel food regulations in both the UK and the EU and is certified under Good Manufacturing Practice (GMP) standards, the company said.
Cellular Good said the ingestibles have been extensively tested to ensure safety, stability and quality.
Chief executive Alexis Abraham called the launch a “major milestone” for the company and, less than a year after the initial public offer, today started “a new chapter” by entering a revenue-generating phase.
He said: “Leading with CBG sets us apart from the competition, and to also be able to offer consumers CBD ingestibles at the same time delivers on our vision to become the first true cannabinoid company.”
He added that as many consumers are now familiar with CBD “we believe there is a substantial and growing demand for a more innovative and premium brand offering clean, green, and compliant products and look forward to delivering on our potential”.