If Canada follows through on Prime Minister Justin Trudeau’s plans to legalize cannabis, it could generate as much as $5 billion each year in tax revenues. It's the conclusion of the study, in which analysts looked at a variety of data sets including current tax rates on alcohol and tobacco, estimates on the numbers of cannabis users in Canada, and the financial impact of legalization in places like Colorado in order to come up with an estimate on how much the federal and provincial governments can expect to bring in from legal cannabis sales taxes. http://greenrushdaily.com/2016/02/0...lize-cannabis-generate-canada-5-billion-year/
