CBD is short for Cannabidiol. It is a chemical substance found in hemp and cannabis plants. It has experienced a recent surge in popularity in the UK. One of the most popular CBD products sold is CBD oil but we are also seeing it in other products.
Cannabis itself is illegal in the UK. But in its purest form, CBD does not contain THC (tetrahydrocannabinol) which is the chemical found in cannabis that gives the psychoactive effect (a high). And this is why it can be legal to sell CBD in the UK.
As a vape shop owner, it is likely that you are continually looking at ways to diversify and ensure that your vape shop remains as profitable as possible. And with interest growing in CBD vaping products, this may be something you are considering for your vape shop.
But before you go ahead, it will be important to understand the rules relating to the sale of CBD products.
Criteria for selling CBD vaping products
Whilst it can be legal to sell CBD products in the UK, there are a number of regulations surrounding these products. And this will apply to CBD based vaping products.
You can read the full guidance on domestic control measures that apply to cannabis, cannabidiol (CBD) and controlled cannabinoids for the most up to date information on whether or not you will need a licence to sell CBD in the UK.
This will depend on the type of products you sell and the way that you market them amongst other factors.
What vape CBD products are available.
We are now seeing many CBD e-liquids for vaping come on to the market. So, it may be something which you are considering adding to your product range in your vape shop. You are likely to be able to access CBD e-liquids of varying flavours.
If you are thinking of selling CBD e-liquid in your vape shop, then you will need to be sure that you fully comply with all the relevant rules and regulations which apply to the legal sale of CBD. As well as ensuring continued compliance with rules relating to the sale of e-liquids and e-cigarettes.
Get the right insurance
It is vital to get the right insurance for your vaping business. Particularly if you have a physical vape shop as the risks associated with a vape shop are very different to those of a traditional retail unit.
Key risks to consider when it comes to arranging your vaping insurance include:
- Product liability insurance
- Crime – protect against theft, vandalism, and cyber crime
- Regulatory and liability litigation
Anthony Jones are specialists in the vaping and electronic cigarette insurance market. So, if you are looking to take out vape insurance or are reviewing a current policy then do get in touch with us today on 0208 290 9080 or email us at ecig@anthonyjones.com.
