Peter Reynolds

The life and times of Peter Reynolds

Posts Tagged ‘small business

Courage and Cannabidiol

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The story of how brave British small-businesses created a £1.7 billion market and now face destruction at the hands of the overbearing Food Standards Agency and its big business sponsors.

Hundreds of people who set up small businesses selling CBD products face the looming deadline of 31st March 2021 that the Food Standards Agency (FSA) has imposed for its ‘novel foods’ regulations to come into force.

These people, the essence of the British entrepreneurial spirit, are being crushed by misguided over-regulation that is not based on any evidence and which will gift the market to big business while removing from shelves the products which millions of people have gained great benefit from.

The FSA has not consulted with the industry in any meaningful fashion and is imposing draconian new rules which even at this late stage remain unclear, confusing and require enormous, unnecessary and wasteful expenditure in pointless bureaucracy.

To be clear, if you are one of those millions who discovered that CBD could help with anxiety, pain, insomnia and or a host of other conditions, the products you rely on may not be available much longer.  But there is a way through this. Read to the end of this article to find how you will still be able to access the ‘real CBD’ that you need.

The most important thing to understand is that there is no evidence anywhere in the world that anyone has ever come to any real harm from using CBD products. Despite this, the FSA is forcing businesses to put their products through an incredibly complex series of tests which cost a huge amount of money, in some instances hundreds of thousands of pounds.

Even the smallest companies are having to submit a dossiers on individual products which cost around £5000 each to produce.  Imagine how many bottles of CBD oil a small shop or website has to sell to pay for just one of these.  And they are completely pointless.  There is no need for them at all.  The FSA has just invented them and it’s nothing to do with public safety because there is no danger from any of the products concerned.

The Association for the Cannabinoid Industry

What this is really about is that big business missed out on the CBD boom.  They turned their corporate noses up at it, didn’t want to get involved because of the stigma and prejudice associated with anything to do with cannabis.  Then, within the space of a few years, they found that all their big customers, the multiples, were starting to stock CBD and it was selling very well indeed.  So much so that the value of CBD sold in Britain is now more than the value of all vitamin C and vitamin D products combined. It’s a huge market with estimates of its size ranging from £300 million to £1.7 billion per year (New Frontier Data).

So big business is now calling the shots.  A sinister organisation, the Association for the Cannabinoid Industry (ACI), run by a man, Steve Moore, with connections to the sleaziest end of the Conservative Party, is supporting the FSA in this scheme and his aim is simply to price small businesses out of the market and hijack it for his big business friends. Never has a bigger confidence trick been pulled on consumers. The small businesses that created the CBD market had established trade associations from within their own ranks which charged a few hundred pounds for membership and did an excellent job of representing the industry. The ACI demands membership fees of £25,000 per year, pricing out the small businesses and using its funding to bully and intimidate any business that doesn’t want to sign up.

Steve Moore of the Association for the Cannabinoid Industry

There are problems in the CBD market that need addressing. It does need better regulation. There are disreputable businesses selling products that are not what they claim.  They don’t have the amount of CBD in them that is advertised and they are certainly not medicines which can treat cancer, diabetes, depression and serious illnesses.  But these problems are already covered by existing laws. The problem is they are simply not being enforced.  The regulators who should be acting against these rogue companies include the Medicines and Healthcare products Regulatory Agency (MHRA), the Advertising Standards Authority (ASA) and Trading Standards.  Despite reputable CBD businesses delivering hundreds of reports about rogue suppliers, virtually nothing has been done.  To be fair the MHRA and Trading Standards just don’t have the resources to carry out this work, so the idea of giving them even more work, with incredibly complex regulations to enforce, is just barmy.  It makes no sense.

The Human Medicines Regulations 2012

Even our largest newspaper publishers have been allowed to get away with breaching the Human Medicines Regulations 2012 which prevent anyone from making a commercial gain out of claiming medicinal benefit for a product which is not a licensed medicine. This criminal offence can result in a two year prison sentence, yet the Daily Mail runs such ads every day.  So do most of the tabloids and those newspapers that like to call themseleves ‘quality’, do something equally illegal. They run advertorials or sponsored reviews of products which if you click and buy pay the publishers commission.

These crimes have been reported to the MHRA and to the ASA but they have done nothing about it and the illegal advertising continues to this day.  As for the confidence trickster companies making these illegal medicinal claims, nothing has been done about them either and they continue to scam people with cancer cures and miracle medicines.  Now the ACI is using this conduct as part of the justification for their ‘novel foods’ scam. Of course the two issues are completely unrelated.

But all is not lost.  Undoubtedly, the ‘real CBD’, the whole plant extract, containing all the goodness and nourishment extracted from low-THC cannabis plants, will be taken off the shelves of the multiples but there will be a flourishing ‘grey’ market, mainly online and there will be nothing that the FSA, ACI or their enforcers will be able to do about it.

The FSA’s understanding of CBD and cannabis is virtually non-existent. The original CBD trade associations spent years trying to educate FSA’s people and urging them to co-operate on appropriate regulation but they didn’t want to know. Now the FSA has chosen to listen to its own and ACI’s ‘experts’ who are trained and indoctrinated in the prohibition mindset. Consequently its statements and rulings on its new regulations are so poorly drafted that they leave a gaping hole for the brave, pioneering businesses that created this market.  A genuine, whole plant oil that preserves the natural proportions of the compounds in the hemp plants from which it is extracted is molecularly identical to those plants and hemp is specifically excluded from novel foods regulations.

So ‘whole plant’ is what you must look for if you want ‘real CBD’, the product that so many people benefit from.  The ACI and FSA are pushing nasty, ineffective isolates and synthetics that are useless in comparison and require far higher doses to achieve the same results as a few drops of whole plant oil.

One More Problem as the Home Office Steps In on THC Levels

CBD originally took off because more and more people were becoming aware of the medicinal benefits of cannabis. CBD was seen as a way to enjoy some of these benefits legally and without getting ‘high’ from the THC in cannabis.  But CBD was always a euphemism to avoid the stigma around cannabis and to reassure people they weren’t buying something illegal. In fact, whole plant CBD products are low-THC cannabis oil.  Under a provision of the Misuse of Drugs Regulations, a trace amount of 1mg of THC per bottle of CBD oil has  been allowed. It’s far too little to get anyone high. You’d have to drink about three bottles in one go before you felt anything.

But surprise, surprise, now the Home Office has started to get involved too. Again, without a shred of evidence of any harm, it is considering reducing this limit very substantially.

Why?

Undoubtedly this is co-ordinated with the FSA and the ACI. The aim is the same, to destroy the small businesses that created this market, to ramp up the costs of selling CBD so high that only big business can afford it and to prohibit the sale of the whole plant, low-THC cannabis oil that is so valuable for so many people.  And there is no credible evidence to support any of it, except what the FSA has cooked up to support its pre-determined conclusion. There is no evidence that the trace amounts of THC in whole plant oil have or could cause anyone any harm and it is all part of the same scam.

So remember, if you want ‘real CBD’, you’re going to have to go online. Look for those courageous businesses that provide whole plant extracts and avoid isolate or synthetic products which are a waste of money.