While THC remains strictly prohibited in China, the rapid growth of the global CBD market has prompted the Chinese government to develop regulations enabling domestic production of higher-value, non-psychoactive cannabinoids from industrial hemp.
With newfound government support for the industry, one of the lowest cannabinoid production costs globally, and unrivaled large-scale manufacturing infrastructure and expertise, China’s cannabinoid producers are set to capitalize on the global supply chain and also on the emerging opportunity for CBD as an ingredient within China’s domestic market.
This market report on China’s hemp-derived cannabinoid industry draws on two years of on-the-ground due diligence, including more than a dozen trips by Asia Horizon’s executives to the outskirts of Chinese provinces where the industry is being pioneered. Containing interviews of relevant industry participants, from government officials and public company CEOs to rural hemp farmers, the report bridges language, cultural, and political barriers.
August, 2020
This market report on China’s hemp-derived cannabinoid industry draws on two years of on-the-ground due diligence, including more than a dozen trips by Asia Horizon’s executives to the outskirts of Chinese provinces where the industry is being pioneered. Containing interviews of relevant industry participants, from government officials and public company CEOs to rural hemp farmers, the report bridges language, cultural, and political barriers.
Asia Horizon is a licensed producer focused on Asia’s emerging hemp-derived cannabinoid industry with an initial focus on China, where the company is developing a large-scale EU GMP-certified processing and production facility to provide low-cost cannabinoids for the global pharmaceutical supply chain and the emerging Chinese domestic market. The company is also beginning to distribute Western-branded cannabinoid consumer products in China.
Asia Horizon aims to create positive change advancing the next frontier in the development of the global hemp industry. For more information, please visit Asia Horizon Group website.
The Arcview Group is a vertically integrated company servicing the cannabis and hemp industry, built with social justice and responsibility at its core. Arcview has been a trusted global leader for over ten years and nexus for investors, companies, entrepreneurs, and community, providing a broad spectrum of programs and services.
