The invention discloses a water-soluble microemulsion. The water-soluble microemulsion is characterized in that the microemulsion comprises cannabidiol, a surfactant, a cosurfactant and water, and comprises the following components in percentage by weight of 0.5-5wt% of industrial hemp full-spectrum oil, 2 to 40 wt% of PPG-13-decyl tetradecyl alcohol polyether-24; 2-40 wt% of PEG / PPG / polybutylene glycol-8 / 5 / 3 glycerol, and the balance of water. The microemulsion disclosed by the invention is clear and transparent in color, is uniformly distributed into liquid drops with the particle size of about 10-30nm, is good in thermodynamic stability, and is not layered after being stored for a long time. Meanwhile, the microemulsion can effectively inhibit hyaluronidase activity, inhibit secretion of human keratinocyte IL-8 and promote generation of IL-10, remarkably inhibit growth of staphylococcus aureus and propionibacterium acnes and remove free radicals, and does not generate obvious blood coagulation or hemolysis reaction, so that inflammatory response of skin is relieved, and anti-inflammatory and soothing effects are achieved.