the CBD never ceases to be talked about. Consumers convinced by its virtues as well as associations and unions fight daily to develop the French legislative framework. To know everything about the CBD business in 2021, do not hesitate to read our exclusive article.
A look back at the year 2020, rich in twists and turns for the CBD market in France.
The CBD market in France in 2020
What is CBD?
CBD or cannabidiol, is a molecule extracted from hemp (cannabis sativa). It’s a non-psychotropic and non-addictive cannabinoid, unlike THC, another popular cannabis molecule.
In France, CBD is available for consumption in different forms. You will find e-liquids for vapes, oils, flowers, cosmetics or even CBD infusions.
His natural properties are attractive, in particular to reduce inflammation, relieve muscle pain and promote relaxation.
French regulations for the CBD market
You may not know it, but France is the leading European producer of hemp.
With 75% of the market share, it is used in many sectors. This is particularly the case in the textile, construction, food, garden and home and cosmetics sectors.
Its cultivation is legal in France, provided you use seeds certified to low in THC.
However, CBD is subject to legal uncertainty. According to article R.5132-86 of the Public Health Code, France limits “the cultivation, import, export and industrial and commercial use of hemp to its fibers and seeds only”.
However, cannabidiol is mainly found in the flower and leaves of the plant. This, theoretically, prevents its marketing in France.
In addition, remember that it is forbidden to present CBD products as therapeutic and to advertise them.
Indeed, it is only considered as a food supplement. The CBD products are controlled and must come from a specific and authorized variety of hemp. Content THC must be less than 0.2% in the plant (decree of August 22, 1990) and no trace should be detected in the finished products.
Despite these regulations, CBD is booming on the French market since the end of 2017. Its commercialization has exploded and online shops and boutiques have flourished in the territory. A renewed interest in its use, which is only just starting to gain popularity.
Major advances for the CBD market in France
This year, we will remember three major decisions that are shaking up the CBD market in France.