Will China dominate the CBD industry

The Yunnan region of China is leading a boom in cultivating cannabis to produce CBD, having noticed the huge demand for the compound from the US. What makes this particularly interesting is the fact that CBD has yet to be authorised for consumption within China itself.

In 2017 a company called Hanma Investment Group became the first company to receive permission to extract CBD in China. The company cultivates more than 1,600 acres of cannabis in a remote village called Shanchong (The capital of the Yunnan Province).