Winnipeg Free Press - PRINT EDITION

B.C. missing millions in marijuana revenue

  • Print

VANCOUVER -- A new study has rung in British Columbians' pot purchases at about half a billion dollars each year, and its pro-legalization researchers argue that means the province could be bringing in massive tax revenues.

Researchers from the University of British Columbia and Simon Fraser University sought to quantify the retail value of marijuana sold on the black market.

They looked at the price of marijuana and research that suggests more than 366,000 people in B.C. use pot to estimate the pot industry is worth between $443 million and $564 million a year.

The researchers also point to data from Washington State, which recently held a successful referendum to legalize pot, that suggests the same number of pot smokers in that state could bring in $2.5 billion in taxes over five years in a regulated system.

They say the revenues could be used to fund addictions programs and health care, similar to the new system set to be rolled out in Washington and Colorado, where the public recently voted to legalize the drug.

Lead author Dan Werb says regulation is tricky, but replacing drug pushers with the government would allow for far more control over prices and who has access to the product.

Werb and the other researchers are members of the pro-pot Stop the Violence B.C. coalition, which advocates for changes to drug policies designed to take the business of marijuana away from violent organized crime groups and reduce overall use.

 

-- The Canadian Press

Republished from the Winnipeg Free Press print edition November 21, 2012 B6

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Your top TV picks for this week - December 8-12

View more like this

Photo Store Gallery

  • Goslings with some size head for cover Wednesday afternoon on Commerce Drive in Tuxedo Business Park - See Bryksa 30 Goose Challenge- Day 12- May 16, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)
  • Horses enjoy a beautiful September morning east of Neepawa, Manitoba  - Standup Photo– Sept 04, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)

View More Gallery Photos

Poll

Now that former cabinet minister Theresa Oswald has entered the NDP leadership race, do you believe the "gang of five" rebel ministers were right to publicly criticize Premier Greg Selinger's leadership?

View Results

View Related Story

Ads by Google