"Suntory Holdings CEO Takeshi Niinami, one of Japan's best-known business leaders, has resigned from the beverage group following a police investigation into his purchase of a supplement that may have breached the country's strict drug laws. Niinami, who has served as an adviser to several Japanese prime ministers and was often the face of corporate Japan at Davos and other international events, told Suntory he purchased the supplement believing it was legal, the company said on Tuesday."
"Other Japanese media said the supplements allegedly contained THC, the psychoactive component of cannabis, which is illegal in Japan. CBD, a separate chemical compound from the cannabis plant, however, is legal, and products containing it are available in Japan. Suntory, which makes whisky, beer and soft drinks such as Orangina-branded soda, said Niinami told the company he was the subject of a police investigation on August 22."
Takeshi Niinami resigned as Suntory Holdings CEO after informing the company that he was the subject of a police investigation into his purchase of a supplement that may have contained cannabis components. Police in Fukuoka prefecture are probing whether supplements containing cannabis components were sent to his home, in a probe connected to a man arrested in July. Media reported the supplements allegedly contained THC, which is illegal in Japan, while CBD remains legal. Niinami joined Suntory as president in 2014, expanded revenue after the Beam acquisition, and was questioned and had his Tokyo home searched, with no confirmed possession or use.
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