Shops selling products that contain CBD – the non-psychoactive, “feel good” compound from cannabis – are spreading across France after a court ruled that the country could not ban the substance’s sale.
CBD, or cannabidiol, can be found in everything from tea, to olive oil, honey, massage oil, cosmetics, and beyond. It is derived from the cannabis plant, but – in contrast to cannabis itself – it offers a purely relaxing result, with no psychoactive compounds or effects.
One proponent of the product, Aurélien Delecroix, president of the professional union, le Syndicat professionnel du chanvre (SPC), has even said that “the French market for CBD could reach €1 billion”.
On November 19 this year, the European Court of Justice (ECJ) ruled that France could not ban the sale of CBD that had been legally produced in another European country member state.
Ludovic Rachou, treasurer of the SPC, said: “The ECJ [also] concluded that CBD was not a narcotic.”
As a result, more and more shops are beginning to open in major towns such as Paris, Bordeaux, Marseille and Lyon, with CBD products on their shelves, many of which bear new labels reading “100% legal” [Read more at The Connexion]
Your email address will not be published. Required fields are marked *
Save my name, email, and website in this browser for the next time I comment.
Notify me of follow-up comments by email.
Notify me of new posts by email.
At the tail-end of our recent phone interview, I mentioned to Leonard Tannenbaum, founder, partner, and CEO of West Palm Beach, Florida-based AFC Gamma (NASDAQ: AFCG), that the term “boutique REIT” had popped into my head as he was explaining how AFC goes about its business and how it differentiates itself from other REITs in…
CLEVER Leaves, a multinational global cannabis producer, has been granted a licence to more than double its cultivation facility in Portugal as it looks to Europe to help boost revenues after a difficult debut year as a listed company. In December, the company announced that the Portuguese health authority Infarmed had greenlit the expansion of…
The Mississippi House of Representatives approved an amended version of the Senate’s medical marijuana bill, lowering the amount of cannabis a person can purchase each month. The House voted 104-14 in favor of the bill after over an hour of spirited debate. The bill will head back to the Senate where the changes can either be accepted or the…
Vince Sliwoski, Attorney at Harris Bricken Happy MLK Day! If Martin Luther King Jr. were alive today, he would almost certainly advocate to end the War on Drugs. Dr. King never spoke publicly about drugs or cannabis in particular: he was assassinated in 1968, two years before President Nixon signed the Controlled Substances Act (CSA).…