Bud Inc.: Inside Canada's Marijuana Industry by Ian Mulgrew

By Ian Mulgrew

In accordance with Forbes magazine,* marijuana is “Canada’s most precious agricultural product — higher than wheat, livestock or timber.” Bud Inc. supplies us an inside of examine this thriving homegrown industry.

Although the cultivation and promoting of marijuana is still unlawful in Canada, it really is already titanic enterprise, specifically in British Columbia. police officers estimate that the once a year wholesale price of B.C. marijuana is now $6 billion, approximately five% of the province’s overall financial system. If those stats are right, it really is B.C.’s greatest export. Ontario and Quebec will not be a long way behind.

Vancouver journalist Ian Mulgrew has been following the increase of this underground financial system for it slow, and understands the entire key gamers, political and entrepreneurial. Comparisons to the rum-runners of the Prohibition period aren't unfounded. those so-called “pot barons” are all savvy businessmen who've equipped their empires utilizing attempted and actual company models.

Cash-strapped governments, pharmaceutical businesses and different huge companies are good conscious of the capability gains, and Canada has been on the vanguard of the worldwide stream to legalize scientific marijuana and decriminalize the leisure use of the drug. Estimates fluctuate, yet it’s suggestion that almost 1000000 humans in Canada may benefit from medicinal marijuana, but in basic terms a few thousand are presently legally licensed to exploit it. Many suppose that marijuana will be grown, regulated and taxed like several different commodity.

Following the evolution of the marijuana exchange from wealthy little ones smuggling it of their baggage, to trans-oceanic operations related to a whole lot dope, to today’s thriving multi-billion-dollar household undefined, Bud Inc. is an interesting learn of real-life supply-and-demand economics.

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T The Court House, circa 1912. COEAEA-10-2788. 61 ✏✾✶■❅ ❏❆ ▼❈❅ ❆❉❒▲▼ ●❁❒❇❅ ❅❃❏■❏❍❉❃ ❂❅■❅❆❉▼▲ ✥❄❍❏■▼❏■ ❅■❊❏❙❅❄ ❁▲ J3W waww/nfawi S^Ut^um T his grand temple of a building was constructed in 1907, on the site of Edmonton's first bank. It reflected the prosperity of the time, with its imposing columns, marble interior, and porcelain tile floor. One feature worthy of note was a special "women only" room — said to be created for female customers who wished to deposit their real estate gains without their husbands' interference.

T The City of Edmonton steamer, June, 1915. COEA EA-249-7. 44 S&n wamjynhyn S^lvwm ✧✬✩✭✰✳✥✳ ✯✦ ✴★✥ ✷✡✹ ✷✥ ✷✥✲✥ CPR engine #73,1920. COEAEA-10-1287. 45 ✧✬✩✭✰✳✥✳ ✯✦ ✴★✥ ✷✡✹ ✷✥ ✷✥✲✥ Twin City Taxi Cabs fleet, 1923. COEA EA-423-53. 46 S&n &amjynfoy}i S^H/mm S&n wdnww/fayn S^wwrn ✧✬✩✭✰✳✥✳ ✯✦ ✴★✥ ✷✡✹ ✷✥ ✷✥✲✥ he Reverend George McDougall arrived at Fort Edmonton in 1871, claiming a piece of land for the Methodist Church. His original house of worship, shown left, was the first notable building outside the walls of the fort.

48 *ytsn wdrtwyrwcyn ^iMMtni ✧✬✩✭✰✳✥✳ ✯✦ ✴★✥ ✷✡✹ ✷✥ ✷✥✲✥ wo members of Edmonton's fire department pose, with their vehicle, inside Number One Fire Hall. This photo must have been taken in winter, as the tires are equipped with snow chains. T Firefighters, circa 1910. COEAEA-10-958. 49 ✧✬✩✭✰✳✥✳ ✯✦ ✴★✥ ✷✡✹ ✷✥ ✷✥✲✥ >$wi (bckntrnfaw. S^ukwm Strathcona-to-Edmonton stagecoach service, 1910. COEAEA-10-1272. 50 S&n feclmtw^ow S$lkwm ✧✬✩✭✰✳✥✳ ✯✦ ✴★✥ ✷✡✹ ✷✥ ✷✥✲✥ Whyte Avenue, looking west, in 1910. COEAEA-364-1.

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