Issue 5 2021

CEO MONTHLY / ISSUE 5 2021 9 , Mar21394 A Company Growing Alongside its Industry Dragonfly Biosciences is a company working hard in the biosciences industry to create health and beauty products that use CBD oil as a core element. The CBD specific sector is a relatively young one, and one that has been the subject of some division over the years; however, today, it is gearing up to be worth as much as £40 billion by the year 2027. Dragonfly Biosciences has seen the growth of the CBD market as an opportunity, and indeed participated in helping it reach this spike in growth. With prevailing standards of transparency, quality, compliance, novel food regulation, new product development, partnerships, investments, and outreach, its work has been multi-faceted and driven. Its own team management and personal development has been happening in tandem with its own sector in this regard, the strength of one aiding the strength of the other. Cannabidiol-based products have been in use in medicine since the 1800s most popularly, and today, its use is better understood than ever before. However, due to some feelings of distrust towards this substance that prevails in society at large, research into sustainable, accessible use of it has been stymied. Dragonfly Sciences wishes to buck this trend, pleased when 4 years ago it began to be made accessible in an over the counter format Regan Saveall is the CEO of the company Dragonfly Biosciences, and the mind behind its continued push towards the understanding of CBD products. Creating wholesale health and beauty products that make use of this ingredient, it promotes a bolstered understanding of it, consequentially strengthening the health of its sector. in retail establishments such as Boots stores. The CEO of Dragonfly, Regan Saveall, has been especially eager to turn his business’s eye towards this gap in the market. Coming from a finance background and with the knowhow of how to apply this to business management under his belt, he was intrigued by CBD oil and its applications. By digging into how he can use it to further bolster health and beauty retail products industry, Regan promoted asking the right questions, especially when it came to quality, standards, safety regulations, and oversight. In such a fast-developing sector, he is very aware that the young companies fuelling it need to keep to the highest possible standards to maintain credibility. Therefore, Dragonfly Biosciences takes no chances, implementing in-depth quality assurance, testing, and batch management. Between the shakeup that came about from the FSA’s Novel Food Status addresses and the challenges posed to business in the macro scale thanks to Covid-19, this business has had to fight many fires on its path to success. Many of these hurdles it is still navigating to this day, just as many businesses like it are doing the same. However, Dragonfly Biosciences refuses to be daunted; driven by the ambition of its CEO, it takes on every shakeup as a chance for progressive change. Every bump in the road is just a chance to further adapt its internal operations to become something greater. From its humble beginnings in 2017, its can-do attitude and compliment of 30 staff have secured it a positive spurt of growth that has yet to slow. Internally, each staff member plays a vital part in the Dragonfly Biosciences success story, whether they have been there since the beginning or are fresh out of education. In ensuring best practices across the board both in how its staff work and how it supports them in doing so, it has cultivated a healthy working environment. The senior management promotes a free-thinking workplace, encouraging each employee to find their own style of work that fits best for them. By making sure each member of its staff has their own autonomy, it fosters creativity and flawless teamwork. As an addition, it also supports charities helping those who suffer from mental health conditions, showing its dedication to corporate social responsibility. Helmed by a CEO with such vision and staffed by such an effective team, Dragonfly Biosciences’ climb to the top is only just beginning. Company: Dragonfly Biosciences Contact: Regan Saveall Website: dragonflycbd.com