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24 Sep 2019 The company announced the big approval as well as its intention to enter the market immediately. New Age's lineup of Japanese CBD products. While Japan's approval is a victory for New Age, and today's pop in stock International companies tap Japan's booming CBD market Japan’s market for CBD products is growing almost 100% year-over-year, according to one executive, and international companies are capitalizing on that growth. The latest market entrant is Phivida Holdings, headquartered in Vancouver, British Columbia.
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“Japan has a very strong cultural connection with hemp, and its use by our people dates back to ancient times. Elixinol has been supplying hemp oil products to Japan for over three years, however up until now we have not been able to actively market the product range,” he said further. Global Cannabidiol (CBD) Market 2018 Industry Research Report This report studies Cannabidiol (CBD) in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022. This report focuses on top manufacturers in global CBD Hemp oil in Japan is now legal and available | HealthyTOKYO