chinese cbd oil

According to incomplete statistics, at least 190 companies in China include industrial cannabis in their business scope. There are more than 50 enterprises with industrial cannabis planting licenses, but only 5 of them have been given a Yunnan Industrial Cannabis Leaf Processing License.

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Chinese cbd oil

“China NMPA will issue transitional measures granting a deadline for their sales. However, retailers are encouraged to pull CBD cosmetics off the shelves,” ​said Hedy He, regulatory analyst, Chemlinked.

The National Medical Products Administration (NMPA) recently published the finalised list of prohibited ingredients for cosmetics.

Retailers in China are being advised to pull any cannabis-based cosmetics off the shelves. [Getty Images]

End of the road?

This crackdown on cannabis cosmetics deals a huge blow to the emerging market for CBD beauty.

He told CosmeticsDesign-Asia​ that this increase also resulted in growing distrust of CBD cosmetics among the authorities.

The NMPA stated that cosmetic companies were not allowed to produce or import products containing prohibited ingredients stipulated in the new inventories from May 28.

According to NMPA, there were only 18 CBD cosmetics filed before 2019. This increased to 413 and 1783 in 2019 and 2020 respectively.

Chinese cbd oil

The People’s Republic of China, after its founding in 1949, took a hard line on illegal drugs, and cultivating and using marijuana are strictly forbidden to this day, with traffickers facing the death penalty in extreme cases.

In February, the province granted a license to three subsidiaries of Conba Group, a pharmaceutical company based in Zhejiang Province. A company based in the city of Qingdao, Huaren Pharmaceutical, said recently it was applying for permission to grow hemp in greenhouses, which already line the landscape around Kunming.

Other regions have taken notice, too. In 2017, Heilongjiang, a province along China’s northeastern border with Russia, joined Yunnan in allowing cannabis cultivation. Jilin, the province next door, said this year that it would also move to do so.

Hanma’s ambitions are global. It has acquired an extraction plant in Las Vegas, which is expected to begin production soon, and it plans one in Canada. Mr. Tan, the chairman, said he hoped that China, with the world’s largest market, would follow the lead of the United States, which he called “the best-educated” market for the benefits of cannabis.

“It’s a new application, but one that carries forward our tradition,” he said, citing the ancient texts describing its medicinal purposes.