France Could Reap €3.4 Billion from Cannabis Legalization
Despite having the EU’s highest cannabis consumption rate, France maintains a prohibitionist approach, prompting calls for legalization from La France Insoumise due to escalating organized crime. A government study revealed €570 million is spent annually on enforcement, while legalization could generate €2.8 billion in tax revenue and 80,000 jobs. While a limited medical cannabis program is underway, France possesses the EU’s largest potential recreational cannabis market, valued at $11.3 billion.
John Q. Hosedrinker