Some may consider this dope news.
Google plans to start serving ads for some CBD products in January. A Google spokesman told The Wall Street Journal that the move comes as interest in CBD products has surged.
As part of the pilot, starting Jan. 20, Google will allow for the promotion of FDA-approved pharmaceuticals containing CBD. The ads will initially be restricted to people ages 18+ in California, Colorado, and Puerto Rico.
Interestingly, the move comes as the FDA announced it’s reviewing regulatory plans for CBD-containing foods and supplements that it plans to outline in the coming months — a development that sank cannabis stocks between 5% and 9%.
Further reading: Weed brands have high hopes for the metaverse.