CBD products have gradually taken France by storm. The cannabidiol market is currently booming. This hemp-derived compound continues to generate unprecedented interest as one of the most innovative, versatile, and diverse products on the market today. As a result, new products and investment opportunities continue to emerge. In addition to being a revolutionary compound, CBD is said to offer numerous benefits for health, lifestyle, and even well-being. For many, this is just one of the main reasons to invest in CBD in 2023.
So, are you ready to dive into this booming market? Here are 5 good reasons why you should get into the CBD business this year:
1/ CBD flowers have just been legalized by the Council of State
The Council of State has finally legalized CBD flowers! On December 29, 2022, it revoked the government decree banning the sale of CBD flowers and leaves. This means that these CBD products are now completely legal.
France has decided to further legalize CBD. The Council of State has finally overturned the decree banning the sale of CBD flowers—a non-psychotropic compound found in cannabis—which had been suspended less than a year earlier.
The Council of State has stated that consuming the flowers or leaves of cannabis strains with low THC content does not pose a threat to public health. Tetrahydrocannabinol is a neurotoxic compound found in cannabis that is currently classified as a drug. CBD products contain only very small amounts of it (less than 0.3%).
According to the Council of State, cannabidiol is not considered a narcotic because it has no psychoactive effects and causes no harm to the human body. France is bound by the principle of the free movement of goods and services and therefore cannot prohibit the sale of CBD.
In fact, the use of hemp flowers is on the rise, especially since they are classified as medicinal plants. They contain so many nutrients, including omega acids, vitamins, minerals, and beneficial fatty acids—all of which are essential to our well-being.
2/ The CBD market is booming
Since hemp was legalized in 2018, the CBD market has experienced exceptional growth. It is a high-value-added market. According to the Hemp Association, the number of producers rose from fewer than 50 in 2018 to about 600 by the summer of 2022. At the beginning of the year, there were 1,500 stores specializing in CBD products and 6,000 to 7,000 cannabis stores, for a total of 23,500 stores. The association estimates the sector’s revenue at 1 billion euros, two-thirds of which comes from the sale of unprocessed flowers and leaves.
The Professional Hemp Association is one of the plaintiffs and states that this latest legal victory will reinforce our vision and, above all, enable the sector to grow and give it the visibility it needs (Professional Hemp Association, SPC). By the end of 2023, there will be approximately 2,000 CBD stores in France. The association estimates the sector’s revenue at 500 million euros, more than half of which would come from flowers alone.
According to industry sources, the final ruling on the legal uncertainty surrounding this compound in France since 2014 has enabled the Council of State to launch an economically viable cannabis industry in France. In November 2020, the European Court of Justice, following the lead of many other European countries, ruled that France’s ban on CBD was illegal under the principle of the free movement of goods, a position supported by many other countries. The French Supreme Court ruled that CBD legally produced in the EU could therefore be sold in France.
3/ The benefits of CBD are beginning to be recognized around the world
In France, studies on hemp and its compounds are underway and have shown a number of benefits.
Significant anti-inflammatory effects
CBD is an active compound with significant natural anti-inflammatory properties. A 2019 study confirmed this. It is no coincidence, then, that it has become a popular wellness compound among athletes for relieving muscle and joint pain.
A natural pain reliever
A 2021 study found that cannabidiol may be as effective as traditional painkillers for short-term pain relief. According to the researchers, CBD has very powerful analgesic and anti-anxiety effects. As a result, this compound may naturally alleviate all types of pain.
Cannabidiol for Managing Stress and Anxiety
Cannabidiol is known for its calming and anxiety-relieving properties. This means it may help the body manage general emotional stress and anxiety. It is said to promote relaxation and recovery and may be very helpful for people suffering from chronic stress and anxiety. According toa 2020 study, it may also help alleviate depression. This is reportedly one of the most valued benefits among CBD users.
Preventive benefits against degenerative diseases
Because of its effects on the brain, CBD may significantly delay the onset of degenerative diseases. It may relieve symptoms and slow the progression of the disease. Cannabidiol may activate brain cells and counteract the effects of oxidative stress and toxins. It may also help prevent certain types of damage to the brain.
4/ CBD is a 100% natural product
The term "natural" is not new, but it has only recently come into use. Producers and consumers have declared war on many pesticides that cause disease. However, organic products are no longer just a necessity; they are a concept associated with a healthier and cleaner lifestyle, as well as greater responsibility toward one's body and the environment.
Organic farming encompasses the entire food industry, including the cultivation of cannabis, a plant from which cannabidiol can be extracted and which is legal in and of itself.
CBD is therefore produced from hemp grown without the use of pesticides or chemical fertilizers. It is recommended for patients suffering from joint and muscle pain and less severe conditions such as epileptic seizures, schizophrenia, and sleep disorders.
CBD flowers are now available, just like CBD oils and other CBD products. They typically come in the form of dried green flowers that can be ground up and vaporized.
5/ Because we're looking for people to join us on the HighSociety adventure
If you're looking for natural CBD, HighSociety is the place to go. We're pioneers in the CBD industry, and we've developed a wide range of products to meet all your needs. Our motto is simple: to give you the tools for a successful career in sales and management. This is essential so that you can live life to the fullest and provide high-quality health products to as many people as possible. Plus, our experience with multi-level marketing and the CBD market in France guarantees the success of your HighSociety franchise.
HighSociety guarantees CBD enthusiasts a unique experience and promises membership in a community of CBD producers who share their passions—namely, a taste for the finer things in life, a desire to share, and, of course, CBD. As such, we offer a wide range of full-spectrum CBD products and recognize that everyone has their own way of using CBD. In our store, you’ll see that all our products are lab-tested and meet current standards.
Are you looking to embark on a rewarding personal journey? If you’re passionate about the benefits of CBD and our values resonate with you, become a franchisee of our brand by joining our network. Don’t hesitate to contact us today.
Conclusion
Now you have every reason to try CBD. It’s a promising compound with countless benefits. As the market continues to grow, access to reliable, high-quality products is guaranteed. At HighSociety, we offer a user-friendly platform tailored to your needs, so you can shop as if you were right there in the store. But this perspective is fundamentally flawed. This is especially true for the organic CBD we offer our customers. As you can see in our catalog, our prices are unbeatable. Plus, our most loyal customers enjoy discounts of varying sizes on their purchases. Once you’ve become familiar with our products, shopping with us becomes more than just a one-time transaction.