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Benzinga
Benzinga
Business
Patricio Liddle

Europe's Top Cannabis Consumer Still Criminalizes Use, Forfeits Economic Gains

France maintains one of the strictest cannabis policies in Europe, prohibiting recreational use, possession and cultivation. Paradoxically, it also has the highest cannabis consumption rate on the continent. As the French government grapples with mounting public debt –currently at 112% of GDP– legalizing and taxing cannabis presents a potential fiscal lifeline.  

France Could Unlock Major Gains By Legalizing

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