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Medical Cannabis Market Growth Report – Reach $49.11

North America is dominating the global medical cannabis market, which was valued at USD 6,221.99 million in 2020 and is projected to reach US$ 34,818.59. ....

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Regulatory tracker: Top 10 most-read stories on APAC cosmetics regulation in 2021

We shine the spotlight on the biggest Asia Pacific cosmetic regulation stories of 2021, featuring China’s CBD beauty ban, sunscreen safety, and more. ....

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China cracks down on 'hidden dangers' of cannabis-derivative used in cosmetics

China's formal crackdown and U-turn on the use of the cannabis-derived ingredient cannabidiol (CBD) in cosmetics production, while not surprising, represents a significant blow to the fledgling market that had quadrupled in the past year. Drug regulator, the National Medical Products Administration (NMPA), last week banned the use of CBD - a compound found in the cannabis plant - in. ....

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CanopyBoulder

How does one start a business in the cannabis industry? What are the biggest hurdles to overcome? Benzinga
In a recent conversation with Benzinga, Andy Williams co-star of MSNBC s “The Pot Barons of Colorado” and founder and CEO of Medicine Man Denver, Medicine Man. Read More.
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China CBD ban: Asia Horizon CEO suggests how China can better regulate CBD cosmetics market

China CBD ban: Asia Horizon CEO suggests how China can better regulate CBD cosmetics market
China-based CBD company Asia Horizon has suggested a few ‘straightforward’ ways China can go about regulating CBD cosmetics instead of implementing a blanket ban over the category.
On March 26, the National Institutes for Food and Drug Control (NIFDC), announced a proposal to introduce legislation that would prohibit the use of cannabis and cannabis extracts in cosmetics.
The ban would include raw materials such as cannabidiol (CBD), Cannabis sativa kernel fruit, cannabis sativa seed oil, as well as cannabis sativa leaf.
Asia Horizon is Chinese hemp company that distributes Westerns CBD brands in Asia ranging from cosmetics to health supplements. Last year, the firm partnered with German CBD beauty brand Nordic Cosmetics to enter China via online flagship store on Chinese e-commerce platform Tmall – its first venture bringing in a Western ....

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