CBD trends in the French market: An explosion of businesses!
Why are so many CBD shops opening in the UK
It will not have escaped your notice, the CBD Shop France is exploding, they are opening one after the other with a storefront. But this is also the case for websites which are also doing well.
Since a French court ruled in favor of the defendants in a case (the Kannavape case), this has set a precedent in the UK many CBD shops to open in France. To be honest, it's a little more complicated than that. The European Union is also fully in favor of CBD, allowing producers and retailers to rely on the free trade of commercial products that many countries authorize, such as Belgium, Luxembourg, Italy, and Spain. France is lagging behind, but this gap is narrowing, which is something to be happy about!
A sector that is being established step by step
Beyond all these CBD shop openings in the UK, a whole new industry is being created, allowing many people to make a living from their passion. To begin with, farmers have been able to start growing wellness hemp, giving them the opportunity to increase the profitability of their land. Some of them have also set up processing laboratories to manufacture derivative products, while other companies have specialized in the processing of CBD-based derivative products. Laboratories have also been set up to conduct in-depth research on the CBD molecule (as well as CBG, CBN, and other cannabinoids) in order to guarantee consumers the levels and quality of CBD products.
The growth of the CBD market is not about to stop in the UK is good news for all players in the industry in the UK but also for all CBD shops in the UK.
Good news for CBD shops in France
The European Commission has just asked France to review its copy concerning CBD in France. Indeed, MILDECA, responsible for drafting the texts, has not produced a satisfactory report according to the European Commission.
Initially, MILDECA wanted to ban the consumption of CBD flowers and leaves, explaining that this is dangerous for health. Without taking into account that many European countries are going against this desire by having legalized CBD and opening up facilities to the entire sector. Having presented the project last June, the Commission has just submitted its report and found inconsistencies with the decisions of MILDECA, which is why the European Commission is asking MILDECA to review its report. It is therefore now very unlikely, if not impossible, that under the five-year term of President E. Macron (and surely over the five-year term of the future president) the sector will be bothered again with this story of banning CBD flowers. This posed a real problem because approximately 30% of total CBD sales are represented by CBD flowers and small buds .
Furthermore, we are seeing several countries legalize both medical and recreational cannabis. Admittedly, this is not in the UK, but European countries, however united they may be, influence each other's economic and legal decisions in order to move forward together. The medical and recreational cannabis industry is not so far from us. If we take the United States or Canada as examples, European countries such as Germany and Luxembourg are currently in the starting blocks for these decisions. This is reassuring for the CBD shop industry in France because cannabidiol is a non-addictive cannabinoid, unlike recreational cannabis, which contains THC and causes psychotropic effects.
The future of CBD shops in France
The market has established itself without formal approval from French legislation. In fact, it has relied solely on European laws to be able to market CBD. The industry is thriving and already generating a lot of money, which bodes well for the future of CBD shops in the UK. As France is set to review its regulations on CBD, the future looks very bright for the CBD industry.
Regarding the CBD shop France, this future seems to be extremely positive as well. We can take the examples of countries that have legalized and regulated CBD before us. Let's take as an example Switzerland, a French-speaking country, which has now legalized cannabidiol for sale over the counter in CBD shops for almost 5 years. There was an explosion followed by a decline because the market was saturated, but it is now flourishing again. The explanation for this previous decline comes from the fact that a significant number of people who wanted to generate only profits with this growing market and who did not know much about it rushed headlong, not specializing in order to bring good quality products to consumers. In a way, the market has regulated itself, and so much the better for the players who have remained established and who continue to make a living from it and bring well-being to their customers.
The beginnings of CBD shops in France weren't easy, but the market is constantly evolving and one thing is certain: as long as the Cali Weed team is here (and we're not about to let you go), we'll continue to offer you high-quality CBD products!
The Cali Weed team