Pubdate: Wed, 21 Nov 2012 Source: Province, The (CN BC) Copyright: 2012 Postmedia Network Inc. Contact: http://www2.canada.com/theprovince/letters.html Website: http://www.theprovince.com/ Details: http://www.mapinc.org/media/476 Author: Ian Austin TAXMAN COULD INHALE B.C. BUD PROFITS British Columbians spend half-a-billion dollars a year on pot - and a new study says decriminalizing the drug could fill government coffers with $500 million a year in new tax revenue. Dr. Evan Wood, senior author of the study, said this is the first serious attempt to calculate the B.C. domestic market for pot - and may help convince B.C.ers that decriminalizing is better than the ineffective war on drugs. "Governments in North America have now spent $1 trillion on the war on drugs, but young people have easier access to marijuana than tobacco or alcohol," said Wood, who serves as the Canada Research Chair in Inner City Medicine at the University of B.C. "These laws have created marijuana grow-ops, hydro theft, home invasions and gang activity. "Huge amounts of money go into the cat-and-mouse game of chasing cannabis-users and producers." Wood is no pot proponent-as a health professional he believes that legislating and taxing marijuana will create a revenue stream to fund public-awareness campaigns to cut the number of users, especially among young people. "In The Netherlands and Portugal, where it is now essentially legal, marijuana use has actually gone down," said Wood. "The reality is that most people who are curious about pot have already tried it, and most of them don't like it." Wood admits that trying to nail down the value of the B.C. marijuana market is an inexact science - his consumption rate is based on a 2010 Health Canada survey, and he's given himself a lot of wiggle room. Since many people won't admit to doing something illegal - such as smoking pot - Wood believes the survey under-reports marijuana use. He pegs B.C.'s annual domestic market in the range of $443 million to $564 million - exporting into the U.S. brings in billions more each year. The Health Canada survey indicates that about 366,000 B.C.ers use B.C. bud, almost exactly the number as in Washington state, which recently voted to legalize marijuana. Wood said part of the new revenue stream could be used for a public-awareness campaign for youth, who are now bombarded with a glorified image of pot use. - --- MAP posted-by: Jay Bergstrom