leadf
logo-loader
viewLove Hemp Group

World High Life submits novel food dossier to FSA

The company said the dossier will support the FSA's move to regulate the UK's CBD market

World High Life PLC - World High Life submits novel food dossier to FSA

World High Life PLC (LON:LIFE) (OTCQB:WRHLF) said its subsidiary cannabidiol (CBD) brand Love Hemp Limited has submitted its novel food dossier to the UK’s Food Standards Agency (FSA).

The company said the dossier submission is to support the FSA’s move to regulate the currently unregulated CBD market in the UK.

READ: World High Life subsidiary Love Hemp reports close to 100% revenue growth in second quarter

"It's been a huge pleasure to spend the past few months leading a dedicated team to compile a robust evidence-based dossier for submission to the FSA. To my knowledge, Love Hemp's application is also in the unique position of having provided comprehensive pre-clinical results, based on our own proprietary study protocols, investigating the effects of Love Hemp's finished product formulations on the pharmacokinetics of CBD. To have been able to do this at pre-validation stage is a great achievement," Love Hemp’s chief scientific and regulatory affairs lead Sepe Sehati said in a statement.

"We are committed to providing our consumers with the highest quality THC-free CBD products and believe the new Novel Food regulations will help end regulatory uncertainty surrounding CBD in the UK," added World High Life and Love Hemp chief executive Tony Calamita.

Quick facts: Love Hemp Group

Price: 4.925 GBX

AQSE:LIFE
Market: AQSE
Market Cap: -
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Love Hemp Group named herein, including the promotion by the Company of Love Hemp Group in any Content on the Site, the Company receives from...

FOR OUR FULL DISCLAIMER CLICK HERE

Market Report: Airline makers and travel firms fly after Boris reveals road...

FTSE 100 rose gently as investors digested Boris Johnson’s roadmap to recovery from Covid-19. London’s blue-chip index rose by 11 to 6,623, suggesting most of the well-leaked plan was already priced in. British Airways owner IAG, aeroengine maker Rolls-Royce and aeroengineer Melrose were the...

1 week, 4 days ago

2 min read