Hong Kong’s ban on cannabidiol (CBD) comes into effect on February 1, imposing harsh penalties for importing, producing, or possessing the substance.
CBD will be subject to the same strict controls as other drugs listed under the Dangerous Drugs Ordinance (DDO).
The importation of goods containing the component, including food and beverages, is forbidden, according to Hong Kong's customs administration, unless pertinent DDO rules are followed.
Au-Yeung Ka-lun, a customs intelligence officer, stated that CBD will be treated as a dangerous narcotic and will be governed by the Dangerous Drugs Ordinance.
The maximum punishment for importing, exporting, and producing CBD is a HKD 5 million fine and a life sentence. The maximum penalty for possession is seven years in prison and a fine of up to HKD 1 million.
By the end of the month, all items containing the component were to be put in trash boxes erected throughout the city, according to a government directive. Approximately 77,400 CBD-containing products, including dietary supplements and edible oils, have been gathered as of January 29.


Trump Plans Diesel Tax Relief as Fuel Prices Hit Record Highs
GLP-1 Weight-Loss Drug Use Surges Among U.S. Children
Europol Warns Bitcoin Wallets Face Quantum Computing Risk
Second DOJ Lawyer Exits Trump Probe
GSR Commits $100M to Hare Onchain Credit Vaults
OKX Raises Fresh Funding at $25 Billion Valuation
ICE Agent Arrested in Minneapolis Over Venezuelan Man Shooting
Ripple Expands Brevan Howard Deal With Prime Brokerage Services
European Stocks Diverge as French Fiscal Crisis Hits CAC 40
Moderna Short Sellers Hit With $4.8 Billion Loss as Stock Soars
Venezuela Nears Deal to Move $4 Billion in Gold to New York Fed
Thailand Plans Dual-Class Shares to Revive IPO Market
Hengrui Shares Rise on $2.6 Billion Novo Nordisk Obesity Drug Deal
Judge Orders Trump to Restore White House Access for CNN, MS NOW and Politico
Wall Street Rises as Oil Prices Ease, Nasdaq Hits Record
France Defends Netanyahu Airspace Clearance Despite ICC Warrant 



