The medicinal cannabis market is strengthening in Australia, and the country has grand plans of growing, retailing and exporting cannabidiol (CBD) to a keen market.
Among its many applications, CBD is seen as a medicinal aid for people — but what about for pets?
CBD is gaining traction as a remedy for pet ailments as part of an overall treatment plan for chronic illnesses. Read on to learn more about CBD for pets in Australia, from legality to how it can help animals.
What is CBD and is it legal in Australia?
Products containing low doses of CBD are considered safe and legal, provided they have been approved by the Australian Register of Therapeutic Goods (ARTG).
This is a fairly new development — on February 1, 2021, it became legal to purchase low-dose CBD products over the counter at the pharmacist. This change signalled a reclassification of CBD from Australia’s Therapeutic Good Administration; it went from being a Schedule 4 product (prescription medicine) to a Schedule 3 product (pharmacist-only medicine).
The catch is that so far no product has yet been approved by the ARTG — unlike other nations that have differing state laws, or even classify CBD as a dietary supplement, in Australia the classification of CBD as medicine has created a lengthy path for approval. Still, CBD is theoretically a legal substance in Australia.
Because of these circumstances, owners who want to source CBD for their pets will need their vet to prescribe the substance. This can be done...
Read Full Story: https://investingnews.com/daily/cannabis-investing/cbd-for-pets-in-australia/
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