Study shows legalizing pot could earn billions for B.C.

UBC and SFU researchers find decriminalization would hobble organized crime and encourage less cannabis use
The Vancouver Sun (Canada)
Tuesday, November 20, 2012

Legalizing marijuana in B.C. could generate $2.5 billion in government tax and licensing revenues over the next five years, according to a study published this month in the International Journal of Drug Policy. The information comes after Washington state and Colorado passed measures two weeks ago approving the legalization of marijuana for adult use under a strictly regulated system.