The food supplements company, which was co-founded by former Kerry Group sales director Joe Gavin, expects to hire up to 250 staff by 2023. The business also expects to more than quadruple sales this year, placing them comfortably within double-digit millions, according to Gavin.
CBD oil is one of the 104 chemical compounds found in the cannabis plant, cannabis sativa. It is a popular supplement used in the treatment of pain relief, anxiety, depression, acne, and cancer-related symptoms. It differs from marijuana in that it does not produce TCH, which triggers the psychoactive effects associated with smoking weed.
“In 2016, we launched two little bottles of CBD oil and it just went interstellar overnight,” he told the Sunday Independent.
“The conversation around CBD oil had just begun in the US, and we were able to produce it naturally here in Ireland, despite others saying that we couldn’t.”
Gavin said that he will employ between