Court backs medical CBD production in Brazil, but bypasses industrial applications

Hemp Today

Brazil’s Superior Court of Justice (STJ) unanimously approved the planting, cultivation, industrialization and sale of industrial hemp for medical and pharmaceutical purposes, under strict rules.

The STJ ruling opens significant opportunities for both domestic and international players who are making and researching cannabinoid compounds, most notably hemp-derived CBD. With a population of over 200 million and increasing acceptance of cannabis-based treatments, Brazil is poised to become a major hub for the global medical CBD market.

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