France counts the lost revenues of legal cannabis

by Ivano Abbadessa - 2014.12.22

The regulation of the cultivation, sale and consumption of cannabis would allow the French Treasury to cash € 1.8bn a year in tax revenues. This is the estimation of the Foundation Terra Nova. Which suggest to end the failed repressive policies and focus, rather, on a legalization of the production and consumption of marijuana in the form of state monopoly, attracting users to a legal market much safer. Just as they do today for tobacco. According to analysts, this monopoly should be applied in different stages, including a rise in the price of marijuana by 40%. An increase that, they say, would prevent an increase in the number of consumers.

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