Blog: The UK's CBD market - challenges and opportunities for insurers
The Food Standards Agency recently issued a warning to companies involved in the manufacture and sale of cannabidiol products that goods could be taken off the shelves if those in the industry failed to give more information about the safety and contents of their products by the end of March next year. The lack of a clear regulatory framework has been a major concern for insurers providing cover to the increasing number of businesses selling these products according to Sean Burke, life science team leader at CFC Underwriting.
The approval for use by the NHS England of two cannabis-based medicines to treat epilepsy and multiple sclerosis last November was not only welcomed by charities and campaigners who had been fighting
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