500 billion sector was hit hard, cosmetics intends to ban this raw material

Source:Jiangyin Haide Plastics Co.,Ltd Release time:2021-04-12 11:08:14 Author:5504

Changsha Evening News, Changsha, March 29th, according to China Fund News, the biggest bad news this weekend is the ban on cosmetics issued by the Chinese People’s Procuratorate...

On March 26, the China Food and Drug Control Institute issued the "Notice of the Chinese People's Procuratorate for Public Consultation on Revising the Prohibited Components of Cosmetics" (hereinafter referred to as the "Opinions"). , Hemp seed oil, hemp leaf extract and cannabidiol are listed as banned components of cosmetics, and are now open to the public for comments.

What is industrial hemp?

Different from drug cannabis, industrial cannabis refers to cannabis with a tetrahydrocannabinol (THC) content of less than 0.3%, which is considered to have no drug value, and its extract can be used as narcotics and medicines.

my country is more cautious about industrial hemp and has strict supervision. It has never approved industrial hemp for medical use and food additives before, and only allows extracts to be used in cosmetics production. In my country's 2015 edition of the "Name List of Used Cosmetic Ingredients" (hereinafter referred to as the "Raw Material Catalog"), hemp seeds, hemp seed oil, and hemp leaf extracts are included.

If the above-mentioned ban is passed, the application of industrial hemp extracts in the field of cosmetics will also be closed. At that time, industrial hemp raw materials can only hope to be exported.

CBD skin care products are popular all over the world

Among the prohibited components of cosmetics mentioned in the "Opinions", CBD (cannabidiol) is the most widely used at home and abroad. Because CBD has the effects of water-locking, moisturizing, anti-oxidation, anti-acne, and anti-inflammatory, hemp cosmetics have been popular all over the world in the past two years.

According to a report released by GCI (Global Cosmetic Industry), in 2019, cosmetics, skin care and other beauty markets' attention to CBD increased by 279% year-on-year, and body care and other personal care markets' attention to CBD also increased by 198%. Take the United States as an example. European and American countries are the first to adopt industrial hemp skin care products. Many celebrities choose to use CBD-added skin care products to maintain their skin and regard hemp leaf extract as a highly respected skin care ingredient. CBD skin care has officially set off an upsurge.