There are currently three Alderney-based firms either growing or producing finished products, however the States Committee taking the lead on facilitating the industry say there is still a long way to go before the island can become a “centre of excellence” for regulated products, such as CBD oil.
“The Policy & Finance Committee is aware that UK controls on imports of unlicensed cannabis products could prove to be a barrier for the embryonic industry,” said the Committee.”
Pictured: Policy & Finance Chairman James Dent.
“While Guernsey is able to grant licences for export, the number of jurisdictions that permit imports is limited, while UK-bound CBD products will also be subject to additional Novel Food certification from March 2021.”
“P&F and the Bailiwick producers are being kept up-to-date with the latest developments through the specialist team at Guernsey’s Health & Social Care.”
The committee raised the possibility that licensed businesses across the Bailiwick will form a trades association in order to “fast track the required compliance.”
An essential requirement imposed by export markets involves strict limitations on traces of THC, the main psychoactive compound in cannabis.