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Legal Marijuana

LEGALIZE MARIJUANA FOR REVENUE:
FRASER INSTITUTE OF BRITISH COLUMBIA CANADA

A Fraser Institute study says B.C.'s annual marijuana crop is worth $7 billion on the street. so why not collect the taxes?

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The organization suggests decriminalizing pot, treating it like any legal product and taxing the revenue, adding a potential $2 billion annually to government coffers.

Stephen Easton, a Simon Fraser University economics professor and Fraser institute senior fellow who authored the study, estimates there are 17, 500 marijuana grow ops in the province of which the police bust approximately 3,000 annually with relatively minor consequences for those convicted.

Easton says the broader social question is no longer whether British Columbians approve or disapprove of local prodcution, but who shall enjoy the spoils.

bibliography - Nanaimo News Bulletin