A working group for CBD companies has been established by the Cannabis Industry Council (CIC), which will run alongside groups dedicated to hemp, standards, plant science, prescription cannabis, research, environmental and social responsibility, and others.
Mike Morgan-Giles, CEO of the CIC, explains, “The CIC seeks to represent organisations from right across the industry, so we are pleased to be able to provide additional support and representation to CBD businesses.
“It’s a challenging economic and regulatory climate for the sector, and we anticipate the new CBD working group tackling some of the key challenges, and developing solutions to them.”
The group will help CIC improve its representation of this sector, Mr Morgan-Giles asserts. It will get started early in the new year and will discuss the key issues facing the CBD industry, conduct supportive activity, and help shape CIC policy positions in this area.
A statement from CIC notes that the organisation has “expanded its membership offering, with a range of new benefits, including an annual conference, and access to free training and discounted third-party services. The fees structure has been changed to make the offering more affordable to smaller businesses.”
A date for CBD industry diaries is Tuesday 24 January 2023, when Paul Tossell, the head of novel Foods at the Food Standards Agency, will be presenting and holding a Q&A session at the next CIC all-member meeting, in London. All CIC members are free to attend the event, either in-person or virtually.