The short answer is : YES
While THC and CBD come from the same plant (Hemp), only THC is considered as a drug in most countries legislations, while CBD has never been considered as a drug.
The EU regulation 1308/2013 of December 17, 2013 explicitly authorize the production, import and marketing of Hemp (Cannabis sativa L) , or its derivatives, if the THC content does not exceed 0.2%.
Several recent developments in CBD legislation are notable.
In January 2019, the WHO (World Health Organization) recommended that CBD be removed from the list of hazardous substances. According to the WHO Expert Committee on Drug Addiction, “in its pure state, cannabidiol does not appear to be harmful and poses no risk of abuse.”
The World Anti-Doping Agency has also followed the WHO lead by guaranteeing CBD was not banned for athletes.