The South Korean market is predominantly reserved for medical cannabis, and while CBD consumer products remain illegal, an association recently started a petition to decriminalise cannabis usage. This report provides a detailed analysis of the regulatory regime for hemp and cannabis in South Korea, providing information relating to extracts and finished products, import and export laws, and current regulation around medical and recreational cannabis.
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This report will enable you to identify pricing differences and the range of pricing for product types across different markets, understand possible reasoning for pricing differences across different markets, and identify price points for strategy development and price setting.
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