This article was first published on Blog – Civic Technologies, Inc.
CannaTrade is one of Europe’s oldest hemp conferences. It has been hosted in Switzerland every year since 1999. It’s an event where you can learn about cannabidiol (CBD) and hemp with exhibitors from nearly every section of the industry. As the oldest hemp conference, CannaTrade does boast a substantial audience, acting as a place for the CBD and hemp communities to connect in Europe, with nearly 11,000 thousand visitors with 250 different exhibitors.
We attended CannaTrade with two of our new partners, Invenda and Wemp. Invenda is a global group revolutionizing retail with automation and innovation, and Wemp is an impressive up-and-coming vending company distributing CBD products to change the way that people buy CBD.
At CannaTrade, Wemp was there to showcase smart CBD vending machines that can take payment and anonymously verify the customer age. These Invenda-powered vending machines integrate the Civic Pay system to verify identity anonymously and receive CBD products.
In addition to demoing with our partners, we attended CannaTrade to learn more about the CBD industry and its fit for vending. Here’s a brief insight into what we learned.
There is no shortage of interest in CBD and Hemp. The Guardian called CBD the “avocado toast” of 2019, and that sums up the excitement around CBD perfectly. If you’re not familiar, CBD, short for cannabidiol, is the non-psychoactive chemical found in hemp and marijuana plants and depending on where in the world you are, CBD products are generally allowed if the trace of THC is limited. In Switzerland, CBD is legal if it contains less than 1.0% THC, which is 0.8% higher than the rest of the states in the EU, making Switzerland a haven for European CBD companies.
Although there is still research to be done around CBD and its effects, ...
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Blog – Civic Technologies, Inc.