Cannabis company Khiron has completed the EU cosmetics regulatory process to bring seven Kuida CBD skincare products to the UK.
The range, the first consumer brand under Khiron’s wellness business unit, is set to launch in Q4 2019, with an initial focus on the UK before further expansion into Europe.
The company has received a “no objection” letter from TSXV regarding distribution in the UK.
Tejinder Virk, President, Khiron Europe, said, “The
fulfilment of EU cosmetic regulatory requirements allows the Company to bring
our proven product line into the sophisticated and growing European skincare
market, where we expect to rapidly build and grow Kuida’s market share.
“We will initially focus on import and marketing in UK, with our first sales expected in Q1 2020, before expanding to Spain, Germany and the broader European market, subject to the specific requirements of individual member states and TSXV approval.”
As the demand for CBD products continues to explode across the globe, Khiron is the latest company looking to capitalize on the growing market in Europe.