Marijuana Won’t Pay the Bills

Audio, Economy, Frontier Centre

Legalize and tax marijuana and the budget will balance itself. Marijuana advocates from stoners to recreational users to the Prime Minister have tried to convince us of this for years. It makes some sense that a product so commonly used should be regulated, not criminalized, sending its newly-enabled taxation revenues to the public coffers. Unfortunately, recent federal announcements and the examples of two American states tell us a fiscal boon from legal pot is nothing more than reefer madness.