HK Customs To Crack Down On CBD Products

"); jQuery("#212 h3").html("

"); });
2023-01-27 HKT 14:54
Customs officials on Friday reminded Hongkongers travelling abroad to avoid bringing CBD products back into the SAR, even though they might be legal in other countries.
CBD is a chemical derived from cannabis plants, and can be found in the form of food, drinks, health supplements or skincare goods.
The SAR will list CBD as a dangerous drug from February 1 – essentially banning its manufacture, import and export, sale, as well as possession.
Chan Kai-ho, a divisional commander of the customs' airport command, said travellers are responsible for checking whether the products they bring back contain CBD.
"Normally they will have a label describing that they have CBD, if not they will have some symbols, for example the zigzag leaf, and the symbol of hemp. Just take a look at it," he said.
When asked whether there will be a grace period after the law takes effect, Chan said authorities will not tolerate illegal drug trafficking.
He also advised people to dispose of their CBD products in designated boxes inside government buildings by February.
TOPPAN Edge Becomes Japans First Qualified VLEI Issuer
The Global Legal Entity Identifier Foundation (GLEIF) has announced TOPPAN Edge, a subsidiary of TOPPAN Holdings that p... Read more
SFC And Dubais DFSA Partner On Cross-Border Regulatory Cooperation
The Dubai Financial Services Authority (DFSA), the independent regulator of the Dubai International Financial Centre (D... Read more
Toss To Launch Finance Super-App In Australia, Plans Won-Based Stablecoin
South Korea’s fintech unicorn Toss is preparing to launch its finance super-app in Australia before the end of this y... Read more
China Funds Research On Stablecoins And Cross-Border Oversight
China’s largest government-backed research funder has begun accepting applications for studies on stablecoins and the... Read more
XTransfer, CZBank Shanghai Branch Form Cross-Border Finance Partnership
XTransfer has entered into a partnership with the Shanghai branch of China Zheshang Bank (CZBank). The agreement was si... Read more
Brinc Launches VentureVerse Through Acquisition Of OG Club
Brinc, a Hong Kong-based venture acceleration and corporate innovation firm, has acquired OG Club, a decentralised auto... Read more