The attenuation of France's position on cannabis opens a huge economic potential

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France still has some & nbsp; the most stringent anti-cannabis regulations in Europe but & nbsp; things are changing slowly, opening up tremendous opportunities The seventh largest economy in the world& nbsp; (France's GDP growth has recently been surpbaded by India and has moved from sixth place).

This is good news for cannabis startups in France& nbsp; is the first European country in terms of cannabis use. Between 2015 and 2017, according to StatistaJust over 11% of the French population reported having used cannabis in the previous year, the highest rate of any European country. & nbsp;

Until recently, France was one of the most severely punished persons for cannabis use, with a fine of 3,750 euros and a one-year prison term. Germany and Italy, among others, have decided to decriminalize use and President Macron has launched a campaign for partial decriminalization to allow police to have more time to deal with crimes. more serious. It is also a decision that makes it more consistent with its neighbors – in In Belgium, Luxembourg and Switzerland, people are allowed to use cannabis for recreational purposes without fear of reprisal. – and reduced the fear that people will cross borders to mark drugs and try to control the black market. & Nbsp;France has introduced a new regulation in 2018 which now provides a much lower fine of 150 to 200 euros for people who end up with cannabis for personal use (that is to say, not large). quantity) & nbsp;

In the same way as other European countries, France allowed the use of cannabis-based drugs in 2014& nbsp; and more recently, in September 2018, the French Health Association, ANSM (National Health Agency) published its report. results the medical use of cannabis, which he now publicly supports as a medical response to & nbsp; help reduce pain, control epilepsy and help with palliative care and cancer. In any case, he does not recommend smoking cannabis, but rather taking the drug in other forms.

It is interesting to note that Generation Y does not appear to be & nbsp; responsible for this change in France. As in other European countries, the proportion of people aged 16 to 24 who drink lessThis also applies to cannabis use in France, although this seems to depend on where you live. & nbsp;A study carried out by ODFT (French Observatory of Drugs and Drug Addicts) found in September 2018 that cannabis use is decreasing among 17-year-olds (as is consumption of alcohol and cigarettes). & Nbsp;

As quoted in The Local& nbsp;

One-third of 17-year-olds smoke 10 cigarettes a day. Most have already drunk alcohol and 10% of them consume cannabis at least ten times a month.

It is interesting to note that the cannabis use map divides the country into two halves where teenagers are much more likely to have tried and used cannabis if they lived in the south.

Thus, if the political position seems to be relaxed, so are the culture and the economy. Last year, many stores opened in the main cities of France selling some type of legal cannabis. In general, cannabis contains over 113 different types of drugs, but it is THC (tetrahydrocannabinol) which causes psychoactive or psychotropic effects. Many dealers sell cannabis with THC levels between 10 and 15%. French law now states that the drug can not be sold at more than 0.2% THC. These new stores therefore sell cannabis at a price below the legal limit. & Nbsp; To stay on the safe side of the law, they do not advocate smoking, making teas with it. For the first time in their lives, the French are able to buy medicine at a counter and get a receipt.

Cannabis use in France dates back to Napoleon's 1798 Egyptian campaign. Because of lack of alcohol, his troops turned to cannabis instead. Despite Napoleon's ban, the soldiers brought back the drugs and the popularity of cannabis has grown steadily. Recently, due to recent legal loopholes (many cities have chosen not to pursue these stores and allow them to continue trading in the "legal gray area"), it is likely that France will witness an increase in legal drug activity in the coming years.

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The anti-cannabis regulation in France is one of the strictest in Europe, but the situation is evolving slowly, opening up enormous possibilities for the seventh world economy (the growth of French GDP has recently been surpbaded by the India has moved from sixth place).

This is good news for cannabis startups in France is the first European country in terms of cannabis use. Between 2015 and 2017, according to Statistajust over 11% of the French population reported having used cannabis in the previous year, the highest rate of any European country.

Until recently, France was one of the most severely punished persons for cannabis use, with a fine of 3,750 euros and a one-year prison term. Germany and Italy, among others, have decided to decriminalize use and President Macron has campaigned for partial decriminalization to free up police time for more serious crimes. It is also a decision that makes it more consistent with its neighbors – in In Belgium, Luxembourg and Switzerland, people are allowed to use cannabis for recreational purposes without fear of reprisal. – and reduces the fear that people will make their way across borders to denounce drugs while trying to control the black market. France has adopted a new regulation in 2018 where people found with cannabis for their personal use (that is to say, not in large quantities) are now imposed much lower fines of 150 to 200 euros.

In the same way as other European countries, France allowed the use of cannabis-based medicines in 2014 and more recently, in September 2018, the ANSM (National Agency for Safety of Medicines and Health Products) published its findings on the use of cannabis for medical purposes, which she now publicly publishes Supports as a drug response to help reduce pain, control epilepsy and help with palliative care and cancer. In any case, he does not recommend smoking cannabis, but rather taking the drug in other forms.

Interestingly, Generation Y does not seem to be at the origin of this change in France. As in other European countries, the proportion of people aged between 16 and 24 who drink is decreasing, and in France this is also true for cannabis use, although this seems to depend on where you live. . A study carried out by ODFT (French Observatory of Drugs and Drug Addiction) in September 2018 found that cannabis use decreased in 17-year-olds (as well as consumption of alcohol and cigarettes).

As quoted in The Local,

One-third of 17-year-olds smoke 10 cigarettes a day. Most have already drunk alcohol and 10% of them consume cannabis at least ten times a month.

It is interesting to note that the cannabis use map divides the country into two halves where teenagers are much more likely to have tried and used cannabis if they lived in the south.

Thus, if the political position seems to be relaxed, so are the culture and the economy. Last year, many stores opened in the main cities of France selling some type of legal cannabis. In general, cannabis contains over 113 different types of drugs, but it is THC (tetrahydrocannabinol) which causes psychoactive or psychotropic effects. Many dealers sell cannabis with THC levels of 10-15%. French law now states that the drug can not be sold at more than 0.2% THC. These new stores therefore sell cannabis at a price below the legal limit. To stay on the safe side of the law, they do not advocate smoking but making tea with it. For the first time in their life, the French have the opportunity to buy medicine at the counter and get a receipt.

Cannabis use in France dates back to Napoleon's 1798 Egyptian campaign. Because of lack of alcohol, his troops turned to cannabis instead. Despite Napoleon's ban, the soldiers brought back the drugs and the popularity of cannabis has grown steadily. Now, due to recent legal loopholes (many cities have chosen not to pursue these stores and allow them to continue operating in the "legal gray area"), it is likely that France will witness an increase in Legal drug activity in the coming years. .