Back to the complete issue
Monday, 10 December 2018

What exactly is CBD anyway?

What exactly is CBD anyway? Consumer products of cannabidiol (CBD) are expected to reach USD 1 bn by 2020. But according to Vox, we don’t know all that much about this compound found in cannabis. CBD is non-psychoactive, meaning that it won’t get you high. Currently used to treat a variety of medical conditions, CBD is also the focus of a consumer craze. Dog treats, facials, coffee — you name it, it’s been CBD-ed.

Shifting attitudes belie the dangers of this poorly regulated market: Shifting attitudes in the medical profession mean that CBD is becoming increasingly “legit,” with the World Anti-Doping Agency taking it off its banned substances list. However, CBD consumer products sold online and in store are both largely unregulated and of extremely low dosage. Perhaps more importantly, CBD products have been found to contain THC, the cannabinoid responsible for the high associated with smoking marijuana, or other psychoactive ingredients (watch, runtime: 4:50).

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Etisalat Misr (tax ID: 235-071-579), the leading telecoms provider in Egypt; and Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt.