According to Greentech and Phytograde, Cannabidiol Isolate (CBD) is a high quality premium product. The ingredient is obtained by supercritical CO2 extraction and contains a minimum of 98 % of Cannabidiol, a very high concentration allowing for a white crystalline powder, odorless and neutral in taste, with optimal activities and benefits for the skin.
Greentech and Phytograde recall that recent scientific studies suggest that CBD could protect the skin through the activation of antioxidant defenses, limit skin aging or balance oily skin with acne tendency. Some studies have also shown a strong potential as a soothing ingredient for sensitive and stressed skin, but also as a natural solution for dermocosmetic applications (psoriasis, atopic dermatitis and seborrheic dermatitis).
"CBD is a biomimetic active ingredient due to its similarity to endogenous cannabinoids and its potential interaction with the skin's endocannabinoid system, promoting skin homeostasis. Easy to formulate, CBD is a promising ingredient for the cosmetic industry."The two entities indicate that they are in agreement.
Beyond CBD, there is a growing interest in phytocannabinoids. The Greentech Group and Phytograde have decided to combine their expertise to address this growing market.
Greentech and Phytograde partners
CBD Beauty is a real trend. In order to meet the growing market demand, the two companies have initiated a partnership, combining their expertise to reveal the potential of Cannabidiol and other phytocannabinoids as natural, biomimetic and high value-added active ingredients for cosmetic, dermocosmetic, pharmaceutical and nutraceutical applications.
Phytograde masters the sourcing of sustainably grown industrial hemp as well as high quality extraction processes for the production of phytocannabinoid rich raw materials. Greentech brings its expertise in research, marketing and business development to promote these high quality ingredients worldwide.
The R&D teams will combine their expertise through a research program on phytocannabinoids. The objective of this project is to increase the knowledge on these molecules and to unlock their potential as natural, biomimetic and high value-added active ingredients for cosmetic, dermocosmetic, pharmaceutical and nutraceutical applications.
According to Market Reports World, the global market for cosmetics containing Cannabidiol is expected to grow significantly between 2020 and 2024, at an annual growth rate of over 30 %, to reach $3.1 billion.
