August 14, 2003

Haven't blogged for a while now. More than one week. Today's interesting story comes from the Vancouver Sun's Business section:

"Lenient Laws have made our B.C. bud a growth industry"

In short, an economics professor at SFU estimates that pot accounts for 3.5 percent of the B.C. economy. Through some "excellent detective work", "reasonable assumptions", and "fancy math", he estimated that B.C. residents grow about $4.8 billion worth of marjiuana annually. In comparison, the fisheries and aquaculture industry contributes only about $600 million annually (~1% of the provincial economy).

When all said and done, a lot of the illegal income ends up going back to the BC economy through purhases of houses and merchandise, and in retail stores, retaurants, and travel.

Bottom line: Help the economy and smoke weed.

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