The rise of Cannabidiol in France
In France, significant growth has been seen in sales of products containing cannabidiol or CBD, a substance extracted from cannabis known for its relaxing properties. Despite this, the French State has shown some reluctance to authorize the sale of this natural product.
Unlike what you might think when entering a store in the center of Paris, where the smell of cannabis is evident, the products sold there are completely legal. These products contain only cannabidiol, also known as CBD, and do not contain THC, the psychoactive substance present in marijuana.
French enthusiasm for CBD
The enthusiasm of the French for CBD has led to an increase in the number of stores selling products derived from this substance. In less than 3 years, the number of stores has gone from 400 to more than 1000. An example of this is the chain of stores ‘Le Chanvrier français’, which has experienced great success since its opening in the middle of the pandemic.
Jean-Baptiste Berrué, co-founder of ‘Le Chanvrier français’, is proud of the success of his business. In just 18 months, sales reached 2 million euros. Although they initially had difficulty obtaining financing due to doubts about the legality of the products, they managed to finance themselves. The products they sell come from France, Switzerland, Italy and Spain.
A wide range of derived products
In these stores, customers can find a wide range of CBD-derived products. In addition to cannabis flowers, which contain a maximum of 0.2% THC and around 5 or 6% CBD, essential oils are also offered that are taken under the tongue to promote sleep, reduce stress and anxiety. .
CBD is also used in infusions and other products, and has been observed to have therapeutic effects against anxiety, insomnia and epilepsy. Although sellers cannot recommend the product to treat specific diseases, many doctors have referred their patients to these stores for CBD products.
Cannabidiol and science
According to a report by the World Health Organization (WHO), cannabidiol has no adverse effects on human health and is not addictive. Additionally, CBD has been shown to be effective in the treatment of epilepsy. However, it is important to note that CBD is not classified as a narcotic, unlike THC.
The position of the French government
Although CBD is currently sold in France as a recreational product, the government has banned its production and sale for several years. However, a European court ruling determined that France had no grounds to ban it, since it does not represent any danger to health. Despite this, the sale of cannabis flowers will remain prohibited to avoid confusion with psychoactive cannabis, which is illegal in France.
The future of the cannabidiol market in France
It is estimated that the cannabidiol market in France could reach sales of up to €700 million in 2022. In addition, interest in CBD has spread to other sectors, such as the cosmetics industry. Although the French government has taken a conservative stance, it is clear that cannabidiol has sparked the enthusiasm of the French and continues to gain popularity in the country.