The Business Exchange Bath & Somerset Issue 13: Autumn 2019 | Seite 8

BUSINESS NEWS A BRIGHT FUTURE FOR GOODBODY WELLNESS A company on the outskirts of Bath is leading the way with one of the biggest wellness products to hit the UK in 2019, CBD oil (otherwise known as cannabidiol). Sativa Group PLC, which describes itself as the UK’s ‘first medicinal cannabis investment vehicle’, is based in Beckington and has opened its flagship store under the brand of Goodbody Wellness, in the heart of Bath. Based on Broad Street, Goodbody Wellness sells over 50 products, including coffee, skincare, bath bombs and vapes all made from CBD oil, known to contain high amounts of active, therapeutic cannabinoids. The World Health Organisation says that CBD oil is “generally well tolerated with a good safety profile”, and that it may be able to offer relief for those suffering a number of ailments including Alzheimer’s, Parkinson’s, Multiple Sclerosis (MS), Cancer, Diabetes, general pain and anxiety. Whilst CBD use is a well-established part of popular health culture in other parts of the world, such as America, Canada and other parts of Europe it is little known or understood in the UK and is only just starting to be taken seriously by the medical profession. We met Chris Jones, Managing Director of Goodbody Wellness to find out more about CBD and its plans for UK domination. Tell us more about CBD CBD derived solely from the Hemp plant, is legal in the UK and offers a great way to maintain or support healthy bodies. Many of our customers keep returning to us because they want a natural alternative and CBD oil is a powerful antioxidant whose strength is greater than that of vitamin C and E. Is there any red tape around selling CBD oil? The most challenging aspect of selling CBD in the UK currently is that we cannot make reference to medical claims or suggestions. We constantly have to reiterate that our CBD products are not intended to diagnose, treat, cure or prevent any disease. Neither should our products be used as a substitute for a varied and balanced diet and healthy lifestyle. What we can guarantee is that the human body contains a little-known network (or CBD receptors) called the Endocannabinoid System (ECS). This system found in our bodies comprises of receptors that interact exclusively with cannabinoids like that of CBD. Because endocannabinoids 8 THE BUSINESS EXCHANGE 2019 are present throughout numerous functions of the body, research suggests that they boost the maintenance of those functions. CBD not only helps to maintain vital health functions it also helps to restore homeostasis, or balance within the body. Our CBD bath bombs help you to relax and work similarly to other topical CBD treatments (like lotions), in supporting wellbeing. We know that having a bath has several great benefits such as lowering your blood pressure, reducing stress, boosting your mood, and helping your breathing. Add the effects of CBD and essential oils and our bath bombs will help to relax one’s muscles, skin and mind. Why did you decide to bring CBD to the UK? We know that consumers are really excited about CBD, but they have many questions, so we decided that a retail presence is the best way to interact with our customers in order to answer those burning questions. Our staff are highly trained and are there to demonstrate our products and offer our customers a test before they buy. Our CBD, coffee for example, is absolutely delicious and is always a ‘big hit’ with our customers. Why was Bath chosen for the first store? The company’s head office is in Beckington, which is only 8 miles from Bath, so it’s convenient to have the first store nearby. However, we actually felt that Bath has exactly the right demographic for our products as a well-respected city of culture and excellence. Are there plans for future stores? Our first stores are in Bath, Cirencester, and Clifton in Bristol and we will launch a national franchise campaign from that initial footprint. The interest we have already had from potential franchisees is very promising as it has been recognised that we have a fantastic brand, great products and a wonderful system in order to support a national franchise network. What’s the ambition for the brand? Geremy Thomas, founder of stock market-listed medicinal cannabis and cannabidiol (CBD) group Sativa, wants to see the launch of around 100 Goodbody Wellness shops across the UK within two years. This would look to create around 400 retail jobs in the first two years, with all employees receiving training on CBD and products. We want to become the most trusted CBD retailer in the UK. Visit Goodbody Wellness on 7, Broad Street, Bath, BA1 5LJ or find out more online at: www.goodbodywellness.co.uk Pictured above: Chris Jones MD of Goodbody Wellness and his team