What impact does the CPNP have on the overall CBD market?
What impact does the CNP P have on the overall CBD market? The CPNP has a significant impact on the overall CBD market by establishing a regulatory framework that promotes consumer safety and confidence in CBD cosmetic products. By requiring comprehensive safety assessments and transparent labeling, the CPNP helps to ensure that products on the market are safe for consumer use. This regulatory oversight encourages manufacturers to prioritize quality and compliance, leading to higher industry standards. Additionally, the CPNP fosters consumer trust, which is essential for the growth and acceptance of CBD products in the cosmetics market. As the CPNP continues to evolve, its influence will play a crucial role in shaping the future of CBD cosmetics within the EU (European Commission, 2022).