Hong Kong has officially banned cannabidiol (CBD) and imposed harsh penalties for its possession, including possible life imprisonment and a fine of up to HK$5 million ($638,000). CBD was once legal in the city, but authorities argued that the products could be converted into the intoxicating compound THC. The ban has been met with criticism from those who believe that CBD should be legal, as it has been shown to have medical benefits, and has forced fledgling businesses to shut down or revamp. It remains to be seen how the ban will affect the city’s CBD industry.
