French CBD Market Shows Promising Growth Potential

Apr.03.2023
French CBD Market Shows Promising Growth Potential
This article only covers research on related industries and overseas markets. No product recommendations or comments on domestic policies.

Statement:


This article is restricted to conducting industry and overseas market research only, and does not make any product recommendations or comment on any domestic policies.


The legality of the product mentioned in this article is restricted to its local jurisdiction. Domestic readers are reminded to strictly adhere to China's relevant laws and regulations.


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According to data from the Professional Hemp Syndicate (SPC), France is expected to have around 2,000 CBD retail stores by the end of 2022.


According to data, the estimated market share of CBD in France is 500 million euros, with more than half of it coming from the cannabis flower.


It is reported that any CBD product legally produced in the European Union can be sold in France.


Reference(s):


The Council of State gives the green light for the sale of CBD in all its forms.


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