CBD, also known as cannabidiol, is a chemical found in cannabis which is used for medication. The UK is currently the worlds second largest market for CBD, and industry leaders are urging the UK to embrace CBD and become global leaders in its production.

Commenting on the news in Politics.co.uk, IEA Head of Lifestyle Economics Christopher Snowdon said: “We manufacture an incredible amount of medical cannabis already. So the countries that are first out of the blocks with this have a real advantage in the long term“.

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