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Home 🌿 Marijuana Politics 🌿 Jordan Bateman: Pot is not the cash crop its supporters claim 🌿Jordan Bateman: Pot is not the cash crop its supporters claim
Fourteen years ago, B.C. Marijuana Party candidate Joshua McKenzie ran in the staunchly conservative provincial riding of Fort Langley-Aldergrove. He spent a memorable all-candidates meeting answering every question with one sentence: “If government legalized and taxed marijuana, there would be plenty of money for health care, education and other priorities.” By the end of the meeting, people were chanting his answer along with him.
McKenzie only drew 674 votes, but the belief that legalizing and taxing marijuana could pay for everything has only grown since 2001. The examples south of the border, however, seem to suggest that the truth is very different.
With Prime Minister Justin Trudeau’s campaign promise to “design a new system of strict marijuana sales and distribution, with appropriate federal and provincial excise taxes applied,” Canada is closer than ever before to seeing what kind of tax money can be wrung out of the pot industry. And...
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