This bane (anag.) (8)

I believe the answer is:

absinthe

(Other definitions for absinthe that I've seen before include "Green liqueur flavoured with wormwood and anise" , "Liqueur originally containing wormwood" , "Aniseed-flavoured liqueur" , "Green wormwood drink" , "intoxicant" .)

I've seen this clue in The Telegraph.

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