The Cannavist Issue 6 B2C | Page 51

In their own words, the Daye team aims to ‘leave an impact but not a trace’ on the environment and with their new line of CBD tampons, they have done just that. In an industry that is notorious for waste – the average woman uses 2,640 sanitary pads or tampons every decade – that is no easy task. This CBD tampon, which at a glance looks like your typical mainsteam product, was invented by Valentina Milanova at just 22 after years of suffering painful periods. “I’ve had painful periods since I was nine-years-old. I used to read medical research papers on gynaecological health in my spare time. I discovered research on hemp, which has very absorbent fi bres and fl owers that have analgesic properties and thought to myself, why has no one tried to make a hemp tampon that’s infused with CBD?” Daye’s business model is impressive. Every part of the process is on display online from the cost per tampon to clinical testing and the supply chain. Admirably, the language is open, honest and designed to be easily understood. The tampon industry isn’t exactly known for transparency and the law doesn’t require brands to reveal any ingredients. This makes for a refreshing change and it’s working. The brand’s pre-launch wait list this year was 20,000 strong suggesting women are embracing the change. “You shouldn’t need a medical degree to understand your own body.” Originally from Bulgaria, Valentina set up a team of 20 in London to take on roles in start-up fi nance and tech. Even with this experience, she still struggled with pitching a female hygiene product to a mainly male audience. “The tampon industry is completely monopolised and entirely run by men. I’m yet to meet a woman in charge within tampon manufacturing. On top of that, I had to pitch to almost 200 investors, all of them male. They simply didn’t see the product differentiation and didn’t think period pain was a relevant enough cause to invest in.” How informed are tech-bros about heavy fl ows or period pain? “Not very informed! They would ask me questions like, “why do your tampons have strings?” or “why are there 18 tampons in a box?” I don’t know anyone who has 18-day periods!” Just 22% of health business founders are female Some venture fi rms did understand the potential as Daye managed to secure £5.5 million funding at the age of 24. Unfortunately, gender balance in funding is a feminist issue with just 22% of health founders identifying as female in 2019, according to the Atomico State of European Tech report. It shows that of the funding received for start-ups, just 0.4% went to female businesses while men received 91.6%. The menstrual health industry was estimated at £9 billion in 2019, with a 6.5% growth expected for female hygiene products by 2025. “Our main goal is to bridge the gender gap in medical research and innovation, starting with female pain. Endometriosis affects 1 in 10 people with periods and it takes on average 7.5 years to diagnose. One of our fi rst clinical trials is tackling this debilitating condition, which has been overlooked by the medical community.” An NHS consultant in a North London hospital has introduced Valentina’s products to be studied, to investigate the effects of CBD tampons on endometriosis pain with results due at the end of August. The movement for ending period pain and waste has gained mainstream attention with a spotlight pointed directly on this issue by Meghan Markle, The Duchess of Sussex, in recent years. Girls rights charity, Plan International UK estimates that 10% of British girls have resorted to using rags, newspaper and toilet paper as they are unable to afford period products. “Any effort to make periods accessible to everyone is a good initiative. Menstrual products are a right, not a privilege.” The problem with tampons is… - Manufacturers do not legally have to disclose what is in their products - Most pads contain polyethylene plastic adhesive which is environmentally harmful - Periods generate 200,000 tonnes of waste per year - Tampons can contain rayon, chlorine and dioxin which are dangerous chemicals that are absorbed by the earth in landfi lls and then released into the air. Tried & Tested By Caroline Barry With a 20,000 person wait list, we had to see if Daye was worth the wait. My period pain relief has always been the following: Take two Ibuprofen with a strong hot chocolate, one carefully-applied hot water bottle and a double dose of Netfl ix on the couch. I’m open to anything that allows me to keep calm and carry on during that time of the month. The Daye tampon works incredibly well, delivering a dose of 30% CBD concentrate without it feeling any different from a regular tampon. I’m not surprised to hear that the tampons have been chosen to partner with a hospital to be tested on endometriosis pain. Packaging waste can be an issue but the level of sustainability that Daye have gone to is impressive. The paper wrappers are water soluble and even the re-fi ll pouch is compostable. The applicator is also made from bio-based sugar cane. Ordinary tampons have their Daye-s numbered.