A Vancouver company, C21 Investments Inc., has won Ukraine’s first license to import CBD, a non-intoxicating extract of cannabis, formally called Cannabidiol.

A Vancouver company, C21 Investments Inc., has won Ukraine’s first license to import CBD, a non-intoxicating extract of cannabis, formally called Cannabidiol. The Ukraine license allows the Canadian company to import, process and re-export CBD. Robert Cheney, the C21 CEO says: “This is a significant opportunity for us to build a new industry, create new high-quality jobs and to leverage the competitive advantages of Ukraine to access the EU and global markets.” C21 is applying for additional licenses to grow hemp and cannabis in Ukraine. CBD is not scheduled under any United Nations drug control treaties, and the World Health Organization recommends that it remain unscheduled.