Hemp
Data and Analysis
On August 2, 2024, several ministries and regulatory bodies in the People’s Republic of China (PRC) jointly announced that seven substances including cannabidiol (CBD) are subject to the management controls of precursor chemicals starting from September 1, 2024.
The Canadian hemp sector continues to be driven by the food and nutrition markets, despite the 2018 regulatory changes that legalized recreational cannabis, and opened the potential for new markets for hemp-extracted cannabinoids.
The objective of this report is to inform U.S. exporters of hemp fiber about relevant import regulations and market opportunities in Japan, a country with a long tradition of hemp use for textiles, food and industrial purposes.