As with trends in any industry, advancements sometimes spread quickly before they can be fully understood. The spa industry has seen many of these developments throughout the years and resolved to appreciate their benefits despite the growing pains experienced along the path to widespread education and acceptance.
One trend that we have seen is the increasingly prevalent use of cannabidiol (CBD). With nearly every member adding treatments and products, countless other industries and organizations are adopting the buzz surrounding the “anti-inflammatory powerhouse” that is CBD. As reported by CNBC in November of 2018, consumer sales of CBD products in 2017 topped $350 million in the U.S., more than triple the amount sold in 2014, and various estimates predict the market could reach $2 billion within the next two to four years.
However, CBD brings with it a challenging controversy that comes from its derivative plant, cannabis. This plant produces mood-altering substances like marijuana due to the neighboring presence of a compound called tetrahydrocannabinol (THC), which can also be found in CBD products.
Because of THC’s mood-altering qualities and its presence in marijuana, the substance has been restricted by numerous state and federal laws around the U.S. Meanwhile, the U.S. gaming industry’s mission to maintain lawful operations leads gaming commissions to take serious preventative measures against illegal substances.
Though it is distinct from THC and marijuana, CBD has yet to shed the reputation of the plant it comes from. In Nevada, it is illegal to ingest marijuana publicly, and all related products are banned from casino properties.
ISPA has recently been made aware of a CBD and hemp ban from all trade shows within Las Vegas gaming properties. Regardless of the scientific implications of linking marijuana to CBD and hemp products, this development will greatly impact Las Vegas trade shows, as an increasing number of industries are embracing the proven health benefits of CBD.
“The International SPA Association was surprised to learn of recent regulations restricting the presence of CBD and hemp-based products within Nevada gaming properties,” said ISPA President Lynne McNees. “ISPA, along with support from other industry partners, will continue to monitor these new guidelines and explore ways in which our members can increase their knowledge surrounding these products and how they may be affected.”
The obvious impact this will have on ISPA members with CBD products cannot be understated. We are working closely with multiple organizations to help educate and raise awareness around the implications of such a ban. More to come...