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CBD goods group South West Brands PLC plans London listing
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CBD startup South West Brands to launch two beauty brands in self-care and menstrual care
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All-female led firm on a mission to ‘become The Hut Group of cannabis’ launches after raising £1 million Naomi Ackerman
An all-female led CBD firm on a mission to become “The Hut Group of cannabis” officially launched today after raising £1 million.
London-based South West Brands, a “multi-brand consumer goods group developed specifically for the CBD industry”, is headed up by former City banker Rebekah Hall, who launched Europe’s first CBD-infused soft drink, Botanic Lab, back in 2015. The drinks are now stocked in Waitrose and Harrods.
CBD stands for cannabidiol - the non-psychoative compound in cannabis plants. It is used medicinally to treat conditions including insomnia. Bank of America Merrill Lynch has estimated its global consumer market is set to reach a value of $39bn by 2032.â¨