A new law in Hong Kong bans the sale and production of CBD, imposing stiff penalties and removing it from the increasingly popular cannabidiol market. The Hong Kong government announced last week that CBD would be included in the Dangerous Drugs Ordinance, which places cannabinoids alongside drugs such as cocaine and methamphetamine. "The substance will be subject to the same strict controls as other dangerous drugs," according to the government's announcement. CBD was once legal and sold in retail stores and cafes in the city. Hong Kong's first CBD cafe, called Found, opened in 2020 and sells massage oils, cookies and coffee with CBD added, according to The Washington Post. Altum International, which owns Found, told the newspaper it will shift its focus to other markets, namely Australia and New Zealand, as well as potential opportunities in the Asia-Pacific region. the production of CBD could now carry a life sentence and a fine of HK$5 million (US$637,222). Possession and consumption can result in seven years in prison and fines of up to HK$1 million. Hong Kong said it has set up voluntary bins and had collected 77,400 items as of Jan. 29. The items are mainly skin care products, edible tinctures and health products.
Information source: new.qq.com/omn/author/8713560
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