Peter Reynolds

The life and times of Peter Reynolds

Don’t Believe a Word the FSA Says About CBD.

with one comment

It’s reported in The Times and the Daily Mail today that many CBD products must be withdrawn from sale because of ‘safety concerns’. This follows a week of slavish repetition in the media of the FSA’s line that its publication of a list of 3,500 products that ‘might’ be authorised in the future is a “milestone” for the industry.

To be more accurate, it’s the line it’s devised in conjunction with the Association for the Cannabinoid Industry (ACI), the most recently formed trade association in the sector which, although repesenting only about 20 of the hundreds of CBD companies, now has privileged access and preferential treatment with the FSA. There is no doubt that the relationship between the two is improper and possibly corrupt. Dishonesty, deceit and underhand behaviour have been in play for at least the past year in order to give ACI and its members a commercial advantage and help the FSA create, on the basis of zero credible evidence, a massively expensive system that benefits no one else except its bureaucracy, least of all consumers.

This is nothing to do with safety. There are no reports from anywhere in the world at any time of anyone coming to any harm from CBD products.

The safety scare is entirely invented by the FSA in order to build its massive new, wholly unnecessary bureaucracy. They have been supported and encouraged by the ACI, most of its members dealing primarily in nasty, ineffective isolate products, not the ‘whole plant’ products which millions of people have found great benefit from.

CBD isolate needs to be taken at doses at least 10 times greater than whole plant products, doesn’t work anywhere near as well and because of the huge doses often causes stomach upsets.

This is a classic case of big business using financial muscle and influence to get the regulator to apply misguided, massively expensive over-regulation which squeezes out the smaller suppliers and bloats the bureaucracy.

It’s corrupt and the people who are harmed by it are consumers.

What was a fantastic British success story is being destroyed by vested interests squashing the small businesses that created the market.

The CBD market does need better regulation and the two longstanding trade associations, the Cannabis Trades Association (CTA) and CannaPro, had implemented very effective self-regulation of their members. What that needed to work was for the two regulators concerned, the FSA and the MHRA, to crack down on the unregulated end of the market but they both failed dismally to fulfil their responsibilities. The MHRA simply washed its hands of its duty to enforce the Human Medicines Regulations 2012, which meant widespread, unlawful claims of medical benefit from cowboy traders. The FSA spurned all the work that CTA and CannaPro had done with it over the previous five years and formed its unlawful relationship with the multimillionaire backers of ACI.

There are just two issues which need addressing in regulating CBD products: what the products contain and how they are marketed. This is the effective and inexpensive approach that CTA and CannaPro were taking and is explained in detail in this article published a year ago: The FSA’s Intervention in the CBD Market is a Farce. Here’s the Clear and Simple Solution.

The effect of the FSA’s action has already been to destroy many small businesses and hundreds of jobs. What lies ahead is a two-tier market: the FSA/ACI ‘authorised products’ which will be ineffective, isolate-based and available in high street chains; and ‘real’ whole plant CBD products, which are what work and what consumers want, operating in a black market, either online or through independent retailers.

Don’t buy CBD isolate products. You will be wasting your money.

One Response

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  1. welcome to the conservatives capitalism! I was expecting this to happen! and the tory rags are clearly working with them! Time to wise up fella!

    Stephen Brophy

    April 11, 2022 at 8:12 am


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