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Hemp demand and production is growing worldwide. This report reviews the regulatory framework and major consumption trends for hemp in the European Union.

In 2016, the Colombian government permitted production and distribution of hemp for medical and scientific purposes. Despite optimal growing conditions and considerable foreign investment, Colombia’s hemp industry still struggles to compete globally due to market oversaturation, overregulation, and climate challenges.

In January 2019, the European Commission decided to classify extracts of the hemp plant Cannabis sativa L. and derived products containing cannabinoids, such as cannabidiol (CBD) oil...