Forbes Hails B.C.'s Marijuana Economy

Forbes Hails B.C.'s Marijuana Economy
Posted by CN Staff on November 05, 2003 at 07:29:50 PT
By Chris Nuttall-Smith, The Ottawa Citizen
Source: Ottawa Citizen 
Forbes, the U.S. business magazine, has chosen to celebrate Canada's economy on its latest cover, but it's a segment of the economy that chamber of commerce officials and Canadian law aren't as happy to extol.The marijuana industry "has emerged as Canada's most valuable agricultural product -- bigger than wheat, cattle or timber," Forbes' Silicon Valley bureau chief writes in a cover feature called Inside Dope: Canada's dirty, well-lit marijuana trade is rich, expanding ... and unstoppable.
"With prices reaching $2,700 a pound wholesale, the trade takes in somewhere between $4 billion (in U.S. dollars) nationwide and $7 billion just in the province of British Columbia, depending on which side of the law you believe."John Winter, president of B.C.'s chamber of commerce, said yesterday he hadn't seen the Forbes article, but he wondered how the publicity might affect B.C.'s investment climate."If you're a potential investor in British Columbia, you're going to look at many factors and, presumably, that is now one of the factors you might look at. Whether it's considered to be negative or whether it's indicative of entrepreneurship -- I'm not sure -- whether it's considered negative or positive."B.C.'s economy is worth $140 billion Cdn annually; farm produce and livestock sales total just $2.2 billion. Snipped: Complete Article: KeganSource: Ottawa Citizen (CN ON)Author: Chris Nuttall-Smith, The Ottawa CitizenPublished: Wednesday, November 05, 2003Copyright: 2003 The Ottawa CitizenContact: letters thecitizen.canwest.comWebsite: Articles & Web Site:Cannabis News Canadian Links Canada's Most Valuable Product Ops Sprout Across Country Dope - Forbes Magazine 
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Comment #8 posted by FoM on November 06, 2003 at 18:56:39 PT
I know you are more then likely correct. It's very sad. I'm so glad I have CNews to keep me focussed on an issue or the news would probably freak me out! I don't freaked out that easy but I do get that way. I keep tv news to minimum. It isn't even news. It's entertainment news. Shallow, no substance and leaves me feeling empty. Cannabis news gives me hope.PS: I got two DVDs today. Woo Woo and one is Red Rocks! I've seen it before but not for a long time. Much better then tv news. LOL!
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Comment #7 posted by mayan on November 06, 2003 at 17:23:25 PT
Thanks, FoM...
Yeah, our government was hell bent on this war even before 9/11. Everything that's happened since then was planned long ago.
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Comment #6 posted by Had Enough on November 05, 2003 at 15:49:38 PT
Forbes on Fox
Saw someone from Forbes last night on The Bill O’Reilly TV show on FOX News. Editor or writer, I was busy and heard it in the background, and could not get all the details.  He said that he has received more E-mail and letters than any other article they have done. He also said that a ratio of 8 to 1 people are wanting to change the law. Even Bill agreed that the law needs changed. His version wasn't quite enough though.Vote-- Vote-- Vote
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Comment #5 posted by FoM on November 05, 2003 at 15:39:34 PT
mayan, I Thought You Might Want To See This
I just saw the story on ABCNews with Peter Jennings. Here it is!
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Comment #4 posted by mayan on November 05, 2003 at 15:36:05 PT
Is Prohibition Working Yet?
The cannabis industry has become the biggest agricultural industry in Canada...even in the face of prohibition! I guarantee that the same is true in the U.S.Hey you antis, is prohibition working yet? Hee-Hee!
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Comment #3 posted by FoM on November 05, 2003 at 13:40:07 PT
The Same Article as Above
There is a slight variation on the above article but not really enough to post the whole article so here is the link.
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Comment #2 posted by JSM on November 05, 2003 at 08:08:40 PT
forbes article
How can the Canadian prohibitionists stop an enterprise of this magnitude? It is impossible. The government has been overgrown and it is only a question of time before they are forced to acknowledge this fact. Way to go Mr. Emery. :-)
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Comment #1 posted by goneposthole on November 05, 2003 at 07:48:51 PT
it's a positive
It is grabbing a foothold to become the number one agricultural commodity worldwide. Food, clothing, industrial, medicinal, you name it, cannabis will fill the void. The oil industry will wane into the dustbin of history long before cannabis is eradicated. It can't be stopped. 
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