APAC’s cannabidiol (CBD) and hemp sector is expected to progress rapidly over the coming years, especially in India, China and Australia where they are approved for food use, although many other nations are still wary of granting the regulatory go-ahead.
China’s well thought out regulatory policies for its hemp and CBD industry have been key to establishing a controlled, and growing, open market for downstream consumer products such as food and cosmetics, according to an expert panel.