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Report: Japan’s Hemp Cannabinoid Market Expanded Sixfold from 2019-2023

From 2019 to 2023, Japan’s hemp cannabinoid market has expanded sixfold to ¥24 billion ($154 million), according to a Euromonitor International report outlined by the Japan Times. The growth is attributed to a growing demand for CBD products.  Euromonitor International estimates there are 588,000 current CBD consumers in Japan. The nation still criminalizes the use and […]