Industrial stakeholders estimate Japan’s cannabidiol or CBD market with over US$4 million for topical CBD products. Also, they predict over US$2.7 million for CBD cosmetics this year. And in the topicals’ segmentation, experts forecast it to expand over US$100 million dollars by 2025. However, Japan’s Ministry of Health this week said the government will lift the country’s commercial limitation on cannabis-based medicines. So CBD Japan stakeholders say they fear that regulators may stop CBD shipping and selling, and it does not allow sales of CBD food and cosmetics products.
President Joe Biden revoked Donald Trump administration executive orders that attempted to ban TikTok, WeChat and other Chinese-owned apps in the U.S.. He said to the media that Joe Biden replaced them with a new security review that could prompt fresh steps to restrict those or other apps.
To sellers who are good at leveraging social commerce ads, Wechat is a great platform to sell products and services to Chinese customers. Although contribution margin from oversea markets might only take up 1% out of the total ads revenue in Wechat. Now it might be a good signal moving forward. Wechat ads global might reactivate again.
Product and landed cost is an essential component of eCommerce sellers’ profit and loss statement. This cost number basically is related to the product merchandising model, and shipping approach. If you are desperate for keeping a competitive pricing, and having more space to operate your brand in the target markets, it’s time to upgrade or optimise your business’s product sourcing strategy.
CBD, which is short for Cannabidiol, is a popular compound that is extracted from the flowering tops, leaves, and resin of two strains of the cannabis plant: industrial hemp and marijuana.
You might be aware that many cafes, restaurants provide a theme collection of food and drink menu or some global FMCG brand, such as Estee Lauder, Loreal, etc are selling skincare and cosmetic products with the CBD ingredient, and it’s quite popular with the consumers. One of the reasons they claim is that It’s an effective alternative treatment. There are hundreds of scientific research studies and reviews showing that CBD is indeed effective in addressing a wide array of conditions related to depression, anxiety, and pain. For example, CBD oil can fight pain, soothes depression, or helps with cancer pain relief.
CBD use also carries some risks. For example, it’s often well-tolerated, CBD can cause side effects, such as dry mouth, diarrhea, reduced appetite, drowsiness, and fatigue. CBD can also interact with other medications you’re taking, such as blood thinners. However, In China, the latest policy is CBD has been banned by the Chinese government since June 2021. It can result in serious criminal consequences. Although the government still derives CBD from the government’s own factories in China. They are mainly from Yunnan, Heilongjiang, and Jilin. It is cultivated under strict regulations.
In this article, I’m going to summarise points and share with you some reasons about Zozosuit App failure from a perspective of digital and business.
I think this is the original shape of sharing economy, so I always say “a brilliant business idea comes from somewhere tiny details we take it for granted everyday”. Sharing, fully utilise your owned things value but also can expand additional value from others.
From Facebook, that is a kind of personal life and information sharing social network, till now, there’re many sharing platforms on the market. Here I share you 10 sharing platforms, particularly to entrepreneur, sales director, product director, marketing director, hopefully it can inspire your next new idea and business.
Recently, I keep being asked when Pokemon Go will come to China, that I am also wondering, because Chinese people, particularly the 80’s generation like me, who are influenced deeply by Pokemon manga, movie & game etc and also are the mature digitalized generation, do can’t help screaming “I want to play!!”