Fraser study says legalized marijuana could generate more than $2 billion in taxes.VANCOUVER -- A Fraser Institute The Fraser Institute is a moderate libertarian think tank based in Canada. Though it contains some socially conservative and neo-conservative elements, it is mostly libertarian. report, Marijuana Growth in British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography , says the BC marijuana crop has a retail value of over $7 billion. The report, published by the market-oriented think tank, proposes that taxed as a legal product, it can generate over $2 billion for the government. The study's author, Stephen Easton, professor of economics at Simon Fraser University Simon Fraser University, main campus at Burnaby, British Columbia, Canada; provincially supported; coeducational; chartered 1963, opened 1965. The Harbour Centre campus in downtown Vancouver opened in 1989. estimates that there are roughly 17,500 marijuana grow ops in BC. |
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