Friday, 11. June 2004

The lucrative business of pot


Ask any of the 17,500 marijuana grow ops in British Columbia about revenue, and according to the results of a new study, the answer would be booming. In fact, the study, commissioned by the Fraser Institute, estimates that the underground B.C. industry is worth $7-billion -- the largest in the country.

The report claims that the sector is doing so well -- almost as strong as the province's forestry industry, which posted $9-billion in revenue for 2004 -- that B.C. should legalize the drug and tax it.

theglobeandmail

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