Categories: aggregated

The $850 Million UK CBD Market is a Hot Mess – How Did They Get Here and How Do You Fix It?

A “hot mess” characterizes the implementation of legal and regulatory frameworks within the UK’s CBD market, valued at $850 million (£690 million/€798 million), according to claims by a prominent stakeholder group in a recently published white paper. The Association for the Cannabinoid Industry (ACI) asserts that the process of introducing CBD products to the market via the Food Standards Agency (FSA) has been prolonged, marked by reversals, and executed without apparent coordination among the responsible authorities.

Jason

Share
Published by
Jason

Recent Posts

The IRS is NOT Going to Play Ball with Cannabis Companies on 280E Tax Refund Checks – Get Ready for Penalties and Interest!

The Internal Revenue Service (IRS) will persist in pursuing tax payments from marijuana businesses that…

22 hours ago

Should You Freeze Your Weed Down to -320°F to Kill Mold and Save Ton of Money?

VIST Labs' invention centers on cryogenic pasteurization, a procedure that sterilizes cannabis while retaining its…

22 hours ago

Streaming for stoners: 8 new shows to watch high

Leafly looks at eight of the highest entertainment streaming online now. The post Streaming for…

2 days ago

The Wild West of Weed – California Bans All Hemp-Derived THC Products and Cheech and Chong Sue!

On September 23, 2024, California Governor Gavin Newsom’s emergency ban on hemp-derived THC products officially…

2 days ago

Why is Volkswagen Interested in Hemp? Auto Manufacturers Turn Their Attention to Industrial Hemp

Volkswagen announced in a press release that they had just engaged into a partnership with…

2 days ago

Watch: Wiz Khalifa world record joint-smoking attempt

Our clothes won't ever air out. The post Watch: Wiz Khalifa world record joint-smoking attempt…

3 days ago