Stronger government regulatory support and the ‘debunking’ of myths surrounding hemp are still at a ‘crucial’ stage in Asia, the success of which is key to unlocking its active nutrition potential.
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.