It will most likely get taxed astronomically. However, think about this... Instead of the organized crime guys getting all the money it would go directly to the government which means it would trickle back down into programs that they "need to cut back on", this would be great for the devistating school budget shortages and for Health Care.
I think that the money collected by legalizing and selling marijuana (by the government) would help us out in the long run. In a recent study over 34% of all Canadians already smoke it.. think about that vast number, millions of people, lets say they spend $15 for a gram. The government would probably charge $12 or so a gram with tax included. Multiply that by about 3 million people, and you can see the effects it would have on our economy. It would be beneficial.
Of course if it was ever legalized here, you can expect our friends to the south to start bitching as Canadian grown MJ ALREADY gets smuggled across the borders like hell.
I think it would be a wise move to de-criminalize this drug, and hey the Senate agrees
Its still some ways off from it actually being de-criminalized, but the government has finally seen the light and it will only be a matter of time. I think they have seen the potential revenue it could bring into our falling economy. Imagine all the people who would come here to vacation if it was a legal drug!
The Senate has also hinted at lowering the allowed Blood Alcohol limit to .04 from .08 when combined with marijuana, so they are obviously very serious about their intentions. Wether or not the house agrees, it will be very interesting, but this has been a long time coming.
I wouldn't start to celebrate yet, but its definately a small victory for all Pro-Marijuana users and the Marijuana Party members!