All Posts Tagged With: "legalize marijuana"
Millions could be generated by taxing marijuana
It’s a bounty that almost does grow on trees.
A new study has rung in British Columbians’ pot purchases at about half a billion dollars each year, leading its pro-legalization researchers to argue current laws mean the province is missing an opportunity to harvest tax revenues.
Researchers from the University of British Columbia and Simon Fraser University have quantified the retail value of black market marijuana sold only to British Columbians for the first time, pegging its value at between $443 million and $564 million annually.
“What’s important is to get a sense of how many people are using marijuana in B.C., and how much they’re using, and how much that’s worth,” said Dan Werb, the study’s lead author and co-founder of the International Centre for Science in Drug Policy. “That data drives policy.”
Trump is mad, pot is legal & U. Manitoba’s “racialized rep.”
1. Barack Obama got a second chance, winning the presidency for another four years with 50 per cent of the popular vote to Mitt Romney’s 48 per cent plus victory in battleground states like Ohio. From Obama’s victory speech: “Tonight, in this election, you, the American people, reminded us that while our road has been hard, while our journey has been long, we have picked ourselves up, we have fought our way back, and we know in our hearts that for the United States of America, the best is yet to come.” Full text here.
2. Upon hearing the election results, Donald Trump threw a tantrum on Twitter and threatened to “March on Washington,” the site of this democratic “travesty.”
3. Washington and Colorado passed ballot initiatives during Tuesday’s election that legalize marijuana for recreational use. But pot-heads shouldn’t pack their bags for Denver or Seattle just yet. Legalization may lead to a Supreme Court challenge from the federal government.