The past couple of years have seen cannabidiol (“CBD”), a hemp extract that’s said to be filled with potent medicinal properties, become immensely popular in several territories across the world. Most countries with legal CBD markets legalized the hemp extract within the past decade, and as a whole, the industry still hasn’t been properly regulated. The United Kingdom’s CBD market is underregulated and over restricted, mirroring the legislative situation in most CBD markets around the world. However, around 6 million people in the UK have used CBD in some form, and the market is poised for explosive growth as even more people turn to CBD thanks to its medical applications.
So what can industry stakeholders and consumers expect from the UK’s CBD market in the years to come? For starters, we will likely see legislative reform of some sort as the…
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