The European Union is considering revising its stance on CBD. Changing from treating it as as a novel food, to a narcotic. This could have a huge negative impact on the ever more popular European CBD market!
The European Union is considering revising its stance on CBD. Changing from treating it as as a novel food, to a narcotic. This could have a huge negative impact on the ever more popular European CBD market!
As the UK is leaving the European Union later this year, any ruling the the European Commission makes will not affect UK CBD companies, who are in the process of applying for their own novel foods licences from the British Food Standards Authority. This could potentially lead to a situation where the UK is the only country in Europe that can produce and sell CBD products.