Canada and the U.S. vary widely in how they deal with CBD. For example, the U.S. allows for the sale of CBD virtually anywhere, making it readily available for customers. On the other hand, Canada strongly limits CBD sales in the country, where it’s considered a controlled substance. According to new reports, Canada is set to loosen up its CBD regulations to be more on par with the U.S.
Current Canadian Law
As the law stands now, Canada’s government handles cannabis and CBD contrastingly since lawmakers legalized cannabis with high levels of THC in 2018. However, CBD is controlled and regulated similarly to marijuana with high levels of THC. Many feel this is unnecessary since research has shown that CBD products and THC marijuana are vastly different.
Businesses can only sell CBD out of specially licensed stores. According to MJBizDaily, these stores “aren’t able to import U.S.-made CBD for commercial purposes.” What does this mean? The CBD market in Canada isn’t as competitive or robust as it could be. Because of this, Canadian legislators want to open up the market.
Calls for Reform
Since the Canadian CBD market is much smaller than the U.S., there are calls for reform to put it on par with its North American counterpart. Health Canada is accepting recommendations about improving the sector. The group wants “appropriate safety, efficacy and quality standards” enacted. Once Health Canada receives guidance, the agency will release a decision on how to handle CBD sales.
Depending on the recommendations, sellers could have more opportunities to sell CBD in more places. There could be immense growth, where CBD products would be more readily available for consumers. In turn, the increased sales would help boost the economy. A consultant group has stated that Canadian businesses are open to selling CBD more freely.
Canadians also want to correct some of the U.S.’s mistakes concerning CBD. Canada wants to focus on producing only high-quality CBD. The U.S. market is so saturated that less than stellar CBD products often make it to the masses. As a result, some people still have reservations about CBD and its potential. Consequently, Canada wants to ensure that only the highest quality CBD makes it into the hands of consumers.
Green Leaf Commitment
While Canada still has some catching up to do regarding CBD, Green Leaf has already made a name for itself as a trusted CBD brand. At Green Leaf, we’re committed to providing customers with the highest quality products. Are you ready to find out for yourself? Visit our website to see all the stellar products we offer as one of the most trusted brands today.
Source:
https://mjbizdaily.com/when-will-canada-allow-cbd-to-be-sold-in-mainstream-retail-stores/