Brands/Products
The Benefits of CBD Oil Products for Elderly People
We all have heard of CBD’s medicinal properties. Strangely, elderly people, a group that would benefit the most from the cannabinoid, is the least likely segment of the population to use CBD.
Because of the stigma associated with marijuana, legally a grey area, the pharmaceutical industry, and advertising regulations, CBD has not yet reached the senior market.
Who Uses CBD
According to a Gallup Poll done in 2019, CBD’s popularity decreases with age. Not only with regular users but also with people who have tried it. The most common user is a young person in the Western United States. Only 15% of people 60 and older have tried CBD and only 8% of people age 65 or older use it regularly.
What is suppressing CBD from reaching the population that would benefit from an all-natural potential solution to inflammation, sore muscles and joints, anxiety, and appetite control? CBD consumption seems to be upside down demographically.
Why Seniors Aren’t Taking CBD
Cannabis has been hindered worldwide due to THC and the high created after consumption. Many seniors aren’t excited about CBD because it’s a cannabis product. They are a product of years of propaganda supporting abolition and don’t want anything to do with THC cartridge or cannabis culture.
There is certainly a lot of misinformation that is to be blamed for this. There is no reason why seniors should not feel happy, relieved and comfortable at an advanced age. The best delta-8 thc cartridges are not dangerous and give a pleasant feeling that does not get overwhelming at any point of time. This is a great way to relieve stresses, tensions and anxieties for senior citizens.
Stats on Seniors
-Of people aged 65 years or older, almost 50% reported doctor-diagnosed arthritis (CDC)
-80% of older adults have at least one chronic health condition (CDC)
-One in four older adults report anxiety or depression amid the Covid-19 pandemic (KFF)
-Adults over age 60 have obesity rates exceeding 37.5% in males and 39.4% in females (NIH)
-25% of new cancer patients are aged 65-74 (NIH)
Why Seniors Need CBD
Elder people can get over the stigma associated with marijuana because CBD could improve so many more people’s lives. The most concerning statistic from above is the rise in depression and anxiety amid the lockdowns.
Studies before COVID suggest that this isn’t a common issue in the senior community. Now that elderly people are isolated and live in fear of contracting the virus, these mental health conditions are on the rise.
The benefits of CBD are well known and not only for humans but for pets as well. Companies claim CBD is the solution for everything from inflammation to hair loss. We do not have enough data to make claims other than as a treatment for epilepsy. However, the research looks promising in the areas that seniors would disproportionately benefit from.
How Elderly People Should Take CBD
Our preferred method of CBD delivery is by oil. Everyone is different and we suggest doing the research before trying CBD for the first time. Sublingual CBD oil is our favourite because it has a relatively high bioavailability, little to zero side effects, and quick delivery time.
For elderly people, CBD oil is the best option for these same reasons, however, a first-time user may want to try a familiar food. They are not doing anything they aren’t comfortable with and the effects will be minimal. Eating sweet edible gummies or swallowing capsules could be a great way to introduce a senior to CBD if they are not accustomed to count drops of any liquid forms.
If a senior is struggling with arthritis, joint, or muscle pain, administering CBD topically, as well as sublingually (absorbed under tongue), could be the best first-time experience. The user will feel the results of the topical on the affected area as soon as it is applied.
Reaching seniors has been a challenge for the CBD industry for years. Due to the stigma around marijuana, many seniors are still hesitant to try a cannabis product. Hopefully, CBD will become more accessible to the elderly because they are the group that can benefit the most from this incredible plant extract.
By Modupe Gbadeyanka
To make finding the right service provider or reaching the right customer seamless, popular local information portal, Connect Nigeria, has introduced a Quote Request platform.
Connect Nigeria described the new system as “a digital solution designed to make connecting with service providers faster, easier, and more reliable.”
It said the Quote Request was built for consumers who need services quickly and want trusted options without the stress of searching endlessly; and service providers and businesses looking for real, high-intent customers without spending heavily on marketing.
“Whether you need a caterer for an event, a plumber for your home, or a designer for your brand, the platform is designed to connect you with the right people,” Connect Nigeria added.
“By connecting demand directly with supply, the platform creates a more structured and dependable marketplace,” it further stated.
At its core, the Quote Request simplifies the entire process of finding and offering services.
To use the service, users have to submit a request describing the service or product needed, which is then sent to verified vendors on the platform. Interested providers respond within 1–2 days, and users compare offers and choose what works best for their needs and budget.
“Instead of searching for vendors, the vendors come to you, with relevant, tailored responses,” Connect Nigeria explained.
The company expects this new platform to eliminate the stress of endless online searches, delayed or vague responses, and uncertainty about service quality.
As for businesses, it solves poor visibility, inconsistent customer flow, and lost opportunities due to slow response times.
Connect Nigeria Quote Request mobile app is now available on the Google Play Store and Apple App Store.
By Aduragbemi Omiyale
An institutional investor, First Ally Capital, has strengthened a leading Nigerian financial technology company, Mathesis Analytics, to scale its proprietary credit decisioning infrastructure.
It made this possible by injecting fresh capital into the firm, which specialises in AI-powered credit decisioning infrastructure, an action that will directly support the growth and scaling of Mathesis’ core mission of providing the intelligence and infrastructure needed to bridge the credit gap for millions of unscored or underscored individuals across Nigeria.
With this investment, Mathesis will enable financial institutions to confidently assess and extend credit to borrowers who lack a formal credit history by leveraging an expanded pool of alternative behavioural and transactional data.
To date, Mathesis’ systems have supported more than 8 million loans for over 2 million unique borrowers in Nigeria, and the company is actively deploying its infrastructure to establish a growing pan-African footprint.
With the investment from First Ally Capital, Mathesis is well positioned to transform how the credit ecosystem operates, driving financial inclusion in partnership with lenders across the continent.
A significant barrier to credit access in Nigeria, which prides itself on being Africa’s largest economy, is data fragmentation. Borrowers frequently build positive financial behaviours across multiple digital platforms by repaying microfinance loans, saving through fintech wallets, or servicing Buy Now, Pay Later (BNPL) facilities.
However, under traditional credit infrastructure, these achievements remain invisible to new lenders.
Mathesis addresses this challenge through the concept of Personal Equity—the quantified expression of an individual’s financial behaviour aggregated across every institution with which they have transacted.
By translating these disparate signals into a precise, portable measure of creditworthiness, Mathesis creates a comprehensive credit identity that reflects the full breadth of a person’s financial life.
“True financial inclusion cannot be achieved in a vacuum; it requires structural collaboration in which lenders and fintech companies work as partners within the ecosystem.
“This investment from First Ally Capital validates our approach to reshaping credit infrastructure. By quantifying Personal Equity, we empower lenders to safely look beyond the constraints of formal credit histories and recognise a borrower’s true creditworthiness. This capital enables us to accelerate our pan-African expansion while maintaining the robust, institutional-grade infrastructure our partners rely on,” the chief executive of Mathesis Analytics, Winston Osuchukwu, stated.
On his part, the chief executive of First Ally Capital, Mr Ebenezer Olufowose, said, “At First Ally Capital, we pride ourselves on being a one-stop destination for financial solutions, offering a diverse portfolio of services ranging from investment banking and asset management to trusteeship, inclusive banking, and real estate.
“Our investment in Mathesis Analytics reflects our strong belief in the company’s vision and our commitment to supporting forward-thinking enterprises that deliver excellence.”
By Aduragbemi Omiyale
The chief executive of Canal+ Africa, Mr David Mignot, has disclosed that MultiChoice is now fully integrated into the media group.
Mr Mignot disclosed this via a statement issued on Thursday, noting that this development marks a new phase in the evolution of one of Africa’s leading pay television operators.
He noted that the integration positions MultiChoice within a global media organisation with an extensive international footprint.
“MultiChoice is now a full subsidiary of a truly international media group operating in 70 countries. The group was founded in France, is listed in London and Johannesburg, and has a strong African presence with operations in more than 45 countries,” Mr Mignot said.
The statement underscores the scale of the combined business, highlighting Canal+’s global reach alongside its significant investments across Africa.
The completion of the transaction is expected to strengthen MultiChoice’s position in the African media and entertainment market by giving it access to the broader resources, expertise and international capabilities of the Canal+ Group, while reinforcing the group’s commitment to the continent.
MultiChoice operates across sub-Saharan Africa through platforms including DStv and GOtv, serving millions of subscribers with entertainment, sports and news content.
