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Cbd ‘key Market’ In Post-brexit Uk

CBD ‘key market’ in post-Brexit UK

In February 2020, the FSA gave the CBD industry a deadline of 31 March 2021 to submit valid novel food authorisation applications.

Previously, only products which were on sale at the time of the FSA’s initial announcement and were linked to an application that had been validated by 31 March 2021 were to be included.

In a bid to maximise the opportunity to pass validation, this now includes all products on sale on 13 February 2020 and linked to an application submitted before 31 March 2021 that is subsequently validated. 

UK CBD on the world stage

Sarah Ellson, regulatory lawyer and cannabis expert at law firm Fieldfisher, said the new criteria would be welcomed by members of the industry and was key in cementing the UK’s position as a major player in the CBD market.

“This change by the FSA, while only small, could be another sign that the UK is positioning itself to be a key market for CBD products post-Brexit,” said Ellson. “There is a keenness to confirm the safety of these products and keep them on the shelves.

“However, it’s important that businesses do not slow down the pace as this change has only allowed for a short leeway of time and we cannot be sure of further changes to the novel foods application process, so business do need to move quickly.”

Applications are subject to an eight-day admin check. It can then take up to 30 working days for validation, which will then continue through an authorisation process that undertakes checks on safety to determine if products can be authorised for sale. 

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