Is the US CBD Manufacturers Guilty of Dumping CBD into a Foreign Market?

Is the US CBD Manufacturers Guilty of Dumping CBD into a Foreign Market?

For the past 5 years, the US has been over producing CBD flower, Oils and Isolates faster than the uptake in the marketplace under cGMP or not even that. When prices in Europe were $5000 per kilo, they started dumping product at 2,500, when Europe lowered to 2,500 they dumped product at 1000, when that dropped to 1000 now they are selling products at $190 to $260 per kilo, where the cost in Europe running a GMP facility is higher, costs are close to this per kilo when the feedstock, extraction, and refinement, and stability testing is all taken into account.

The thing is, the US also has overproduced product, running their facilities at maximum delivery due to cheap CBD flower, which they claim to be european strains, but we all know they are using US hybrids that give a higher CBD yield (8-18% in US versus 3-6 % CBD in Europe) they also have more flexibility around Hot crops of product, where Europe is limited to .2 percent THC or no trace of THC in end products.

The stock the US producers (NOT ALL but large volume companies) have been exporting in some cases 6-12 months old product, because they are overstocked with isolates, they still keep producing as long as they can sell to the market old stock. There are facilities in US as well, that have stockpiled production, and aren't even in operation anymore, just unloading stock into Europe and elsewhere. Is there a threat to commoditize the market while the EU has restrictions on Strains and GMP requirements, THC percentages per crop, etc.?

The price and standards combined with fairly unregulated practices around the seed to sale process in the US, in my opinion is a strong case for "Dumping" among other things.

Do you think there is warranted concern to bring together the EU GMP and Manufacturers of Isolates in Europe together to file a dumping charge against imported CBD to Europe?

Various regulations and ability to overproduce high-yield crops not only puts the EU firms at a disadvantage, but the refined "gold" of the industry, the Isolates, are now max 300 euro per kilo, slightly better than the import taxes and shipment differences with the US.

• Should US product mandatory pass through a GMP facility in Europe possibly?
• Should there be taxes?
• How does the industry control the feedstock being used is equivalent to the EU standard... not just what the US company certifies, but from a local governing body from Seed To Production to Sale? How are these batches monitored to stop filling orders with other stock from the over produced less regulated grey market?
• Are policy makers in Europe ready to take on the challenge if there is one?
• Most EU GMP firms are rolling their eyes, as if nothing can be done about what is going on? Is that the truth, or is there a world's first (maybe second next to Canada's protectionist nature) to protect local manufacturers and growers in Europe?
• Is this an offence that warrants a fine? Against who? The European firms buying the products and the companies dumping the product? The distributors?