Will France’s Post-World Cup Economic Boon Come from Hemp?
Since 1970, the winners of the World Cup have seen economic growth after their country’s victory. France’s boon could include CBD, if the government would allow it.
France, who defeated Croatia in the championship match on July 15, was the third-largest producer of hemp in the world in 2017 with 40,000 acres in cultivation, just after Canada (138,000 acres) and China (116,000 acres). In the US, acreage reached 25,000, doubling 2016’s output.
Industrial hemp is grown in France for its seeds and fibrous stems. Only a few strains of the plant, listed in article R.5132.86 of France’s Public Health Code for cannabis, are allowed for cultivation provided they contain less than 0.2% THC.
“France produces the lion’s share of Europe’s pulp and paper,” according to zenpype.com. “It’s the most important hemp market in the EU, accounting for over 50% of fiber applications. French hemp cultivars are suited for grain and fiber production, the specific varieties that industry trends demand.”
France has the highest rates of cannabis consumption in Europe. Among France’s 67 million people, there are 800,000 regular cannabis users and 17 million experimenters.
Meanwhile, smokeable marijuana containing THC is strictly prohibited in France. Medical use is allowed via prescription. During