European Commission Validates Five Natural Plant CBD Novel Food Applications In Milestone For Industry

European Commission Validates Five Natural Plant CBD Novel Food Applications In Milestone For Industry
CANNANNEW REPORT

Peter McCusker reports at  BusinessCann FEARS the European Commission will once more change its position on the status of CBD have receded after it Validated its first Novel Food applications for natural plant extracts. BusinessCann understands at least five companies have been informed by the EC that their applications to sell CBD products have made it through to the final stage of the Novel Food process. The companies – Czech-based CBDepot, PharmaHemp of Slovenia, Swiss firm Linnea, French company Spectrums Europe and the UK arm of Brains Bioceutical were notified and their details later posted on its Novel Food portal (see here). The EC would not confirm whether there would be further imminent additions – it would only confirm it had validated Novel Food applications from a ‘number of companies’. Two-Year Delay This progress has been welcomed as excellent news by the industry as many of the EC’s 130-plus CBD Novel Food applications have been in the pipeline for over two years, prompting concern over the delay. As BusinessCann reported in Autumn 2021 some of these concerns stemmed from the International Narcotics Control Board’s determination that all parts of the cannabis pant fall under the international drug laws. And, this had followed the EC changing its position in July 2020 when it deemed CBD a narcotic – a decision it reversed a few months later following the European Court of Justice (ECJ) KanaVape decision. In December 2020, the EC said it was resuming the CBD Novel Food process and now – almost 14 months later – the CBD validations have been welcomed by one of the successful applicants Boris Baňas, founder and Chief Sales Officer of CBDepot. He told BusinessCann: “This is a milestone for the industry. Finally, after more than a year the EC has formally recognised the decision of the ECJ in the KanaVape case. “The validation…

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Source : European Commission Validates Five Natural Plant CBD Novel Food Applications In Milestone For Industry

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