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Новости/Аналитика

Canada is developing a regulatory framework governing the use of cannabinoids in cosmetics and food

24.12.2018

In Colorado, sales of cannabinoid-containing foods and concentrates increased from 26.3% of the market in 2014, to almost 40% in 2017.
 
Throughout 2019, Canada must approve regulations governing the sale of food products that include cannabinoids and cannabis extracts. The adoption of the above documents will open access for the development of a number of new business sectors and investments by North American entrepreneurs seeking to develop food, cosmetic and other promising cannabis markets rich in cannabinoids. By the end of 2019, sales of edible products will begin in Canada, which will include various types of both narcotic and non-narcotic cannabinoids.
 
According to the government, the draft rules on mechanisms for the use of cannabinoids in food and cosmetic products in the next few weeks will be published in the official source of the Government of Canada (the bulletin is published every Saturday, it prints draft regulations proposed for adoption) .
 
After the publication of the relevant regulatory act, government officials plan to initiate a public consultation process in order to allow industry representatives, the general public and government officials working at the regional level to take part in the development of the relevant regulatory framework. The final version of the respective rules should be published in the Bulletin around July in order to remain for some time until October 17, 2019, the period when the above-mentioned legal act comes into force.
 
In anticipation of the entry into force of the relevant regulatory framework, Canadian companies for the cultivation, processing and sales of cannabis are already spending significant financial resources to prepare to legalize the use of food and cosmetic products, as well as concentrates, which will contain cannabinoids. So according to Lisa Campbell (Lisa Campbell), CEO of Lifford Cannabis Solutions from Toronto, a huge number of companies are in talks with manufacturers of cosmetics, food and beverages who want to use cannabinoids in the recipe for their products. The entire hemp industry is eagerly awaiting the adoption of the above rules in Canada governing the use of cannabinoids. There are still a lot of questions about exactly which categories of food with cannabinoids will appear on the market in the near future, however, sales leaders will definitely become drinks, as cannabinoids are present in the recipe of their preparation, and they themselves are stable, and regional distributors already We have established retail and wholesale systems. ”
 
The upcoming rules will provide the legal basis for businesses seeking to make money on the emerging market for cosmetics and food with cannabinoids, as well as hemp concentrates. According to the officials preparing the above document, the rules should regulate the following aspects of the use of cannabinoids in various types of products:
 
- transparency of the ingredients used in the final products;
 
- inability in the final product of cannabinoids to turn into ingredients harmful to the body;
 
- the establishment of appropriate doses and concentration limits;
 
- availability of special packaging;
 
- special labeling requirements.
 
Commentary of the «Ukrainian Industrial Hemp Association»
 
Canada legalized the legality of using various components of cannabis for recreational purposes. The “Cannabis Act” (Cannabis Act) entered into force on October 17, 2018 provides that legal sale of food products containing various plant ingredients, as well as hemp concentrates, should be allowed for free sale no later than one year after the entry into force of the above regulatory act into action.
 
At the moment, food products and concentrates occupy a huge share of the hemp market in the administrative and territorial units of the United States, in which this issue is regulated at the level of the regulatory framework. In particular, in Colorado, sales of food products containing cannabinoids and concentrates increased from 26.3% of the market in 2014, to almost 40% in 2017 (data from the Cannabis Policy Group in the interests of the Colorado Revenue Department) (Marijuana Policy Group for the Colorado Department of Revenue).
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