Cellular Goods PLC (LSE:CBX) has launched a petition to encourage Google and Meta and other internet companies to lift their restrictions on advertising and marketing of cannabidiol (CBD) and cannabigerol (CBG) products online.
The ban is limiting the ability of customers to make informed choices about CBD and CBG products, said main market-listed Cellular Goods, adding there is a growing body of scientific evidence that CBG has antioxidant and anti-inflammatory properties that make it an ingredient with immense skincare and anti-ageing potential.
Anna Chokina, Cellular Goods' chief executive, noted: "CBD and CBG are increasingly accepted by society as well as across multiple jurisdictions worldwide.
“Despite this, some leading technology and social media companies, such as Google and Meta, have implemented blanket bans for cannabinoid brands on their platforms.
“This anachronistic policy is limiting access to verified information about CBG and CBD, as well as affecting legitimate businesses and preventing the sector from reaching its full potential. “
The petition 'Stop the ban on advertisement of CBG and CBD products on social media and search engines' has been launched in partnership with seven leading companies, who together comprise 'The CBG and CBD Brands Coalition'.
Other companies in the coalition include Chanelle McCoy Health, Apothem Labs, Clearly Brands, Voyager Life, Kloris, Daye and CiiTech.
The coalition is calling on the public to sign the petition, to encourage Google and Meta to change their advertising and marketing policies.
The petition is hosted on Change.org and is available here.