The highest court in EU, The European Court of Justice (ECJ) ruled that CBD is legal and should not be considered narcotic as it does not have any have any psychotropic effect or any harmful effect on human health!
The court also ruled that the court ruled that EU states cannot ban the marketing of CBD legally produced in another member state unless a risk to public health ?appears sufficiently established?
What does this mean to CBD oil makers?
This ruling will make amazing impact on CBD industry in the EU and abroad.
Let’s consider CBD and marketing.
With ruling that CBD is legal, CBD makers will be able to market their CBD products via currently unavailable channels. Imagine being able to market your product as you would sneakers or chocolate. Basically that it what this ruling does. We expect to see major shift in the marketing area in the coming months.
How about CBD and financial industry?
Today CBD is considered high risk product. This basically means that if you want to accept credit card payments you have to go to providers who will charge you significant amount of money in various fees to be able to process credit cards. By ruling that CBD is legal, it basically removes CBD from the high risk list and opens the door to the mainstream providers. Just imagine the impact it will have on the industry!
This ruling effectively has opened the door to CBD market becoming truly multi billion euros one in a very near future. Possibilities are just amazing!
To read more about the ruling click here or download the ruling from our website:
What an amazing news!!!
Vive la France! Vive la r?sistance!