[Business Leader] Demand for CBD Soars During Lockdown as UK Market now Estimated at £690M
The sector is now estimated to generate £690 million in annual sales for 2021. This figure surpasses predictions made in the seminal market sizing study undertaken by the CMC in 2019 which estimated the market would be worth £526 million in 2021.
[Talking Retail] Demand for CBD soars during lockdown, research reveals
The report argues that the market represents a key growth sector for the UK and it is time for the government to adopt a proactive strategy to seize opportunities in the cannabinoids sector. It makes 20 recommendations to stimulate post-Covid economic growth.
[Cannavist] UK CBD market smashes expectations with £690m estimate
The UK CBD sector is predicted to generate £690 million in annual sales in 2021, according to a new report from two leading industry bodies.
The report from the Centre for Medicinal Cannabis (CMC) and the Association for the Cannabinoid Industry (ACI) was published this morning.
[The Grocer] As CBD novel foods deadline passes what are the category’s prospects?
CBD brands have had more than a year to sort out their novel food applications, but only three have made the grade so far. The Grocer investigates what’s going on?
[Jersey Hemp] ‘Good Science is the Route To a Safer And More Successful Cbd Industry’
As Novel Food regulations for CBD products come into effect, Jersey Hemp speaks to ACI’s External Affairs director Shomi Malik about the importance of robust, relevant scientific data in moving the industry into the mainstream.
[CBD Bible] The ACI Strongly Refute Contents of Letter Published by BHA, CTA, NIHA and SHA
The Association for the Cannabinoid Industry (ACI) has publicly refuted the content and claims made in a letter published and shared widely on social media on Friday 26 March 2021.
[BusinessCann] Human Trial Showing CBD Safe A Boost For Industry In Battles With Regulators
Results from a major US trial over 800 people over the past seven months found CBD use has zero impact on the liver. ACI member, Columbia Care, Charlotte’s Web and 10 other US companies provided around $1m for a trial which started last summer – and now appears to have answered the CBD safety question.
[NutraIngredients] CBD experts recommend THC limit for finished products
CBD industry experts have put together a detailed safety review of THC recommending clear policy recommendations to cut market confusion reports NutraIngredients
[Canex] ACI and CMC Recommend 0.03% THC Limit for CBD Products
Canex cover news of the release of our detailed safety review report on THC.
[Analytical Cannabis] The UK Needs A 0.03% THC Limit for CBD Products, Says Industry Group
As outlined in ACI’s report “Health Guidance Levels for THC in CBD products,” the industry group recommend that the UK Home Office enacts a cap of 0.021 mg/kg of THC (and other cannabinol derivatives) per day. This limit would be equivalent to permitting 0.03 percent THC per the recommended 70 mg daily intake of CBD.
