The UK’s market for consumer cannabidiol (CBD) products will be worth nearly $1 billion in 2021.
This makes the UK the world’s second largest market for consumer CBD, behind only the US. Health-conscious British consumers spend more on CBD products than on vitamins B and C combined. Furthermore, recent regulatory developments have created a more certain environment for companies seeking to do business in the UK.
The UK now represents a golden opportunity for US CBD companies considering where the next opportunity is to be found. All parts of the supply chain, and companies of all sizes, stand to gain from the UK’s CBD revolution: raw material suppliers, manufacturers, brand owners, and retailers.
In this free white paper you’ll learn the requirements to enter this lucrative market.
It explores recent, significant changes to how the category is regulated, and explains what they mean for American companies wishing to build a successful consumer CBD business in the UK.
This informative white paper has been produced by Association for the Cannabinoid Industry (ACI). With offices in London and Brussels they represent businesses around the world who are committed to nurturing a safe commercial cannabis extract market.