Tag Archives: tax revenue

Legalized Sports Betting Is A New Job Market In The USA

A few years ago, on May 14, 2018, the Supreme Court decided to back New Jersey’s bid, allowing any state in the US to legalize sports betting. The Supreme Court overthrew PASPA – Professional and Amateur Sports Protection Act of 1992 –  a law that was supposed to define the legal status of sports betting throughout the States.

However, PASPA didn’t ban sports gambling, it just didn’t permit the states to allow it. Passing the law ultimately resulted in creating an underground virtual monopoly over a multi-billion dollar industry.

Strong Case Against PASPA

The infographic below points out some facts regarding the illegal cash flow in the betting industry before the overturn of PASPA. As it turns out, the government of the state of New Jersey presented a strong case against PASPA, and it seems that participants of the hearings were worried that the law would restrain the States’ rights to raise revenue.

The American Gaming Association estimated that American citizens illegally wager more than $150 billion each year on sports betting. Until PASPA was struck down, Nevada was one of the only four states that permitted sports betting (Delaware, Oregon, and Montana also had an immunity). However, Nevada’s legally wagered money covered up for only a small portion of the total sum wagered on betting activities throughout the States (less than 4%).

Before PASPA was abolished, the Congress had the rights to mandate the forms that intrastate commerce states may regulate. However, by doing so, they didn’t manage to eliminate the sports betting market. They’ve just driven it underground.

New Beginnings Will Bring New Changes

On July 31st, 2018 ,Adam Silver, commissioner of the NBA, has teamed up with MGM, creating the first partnership between a major sports organization in the US and a gambling operator. The goal of this historic partnership is to preserve the integrity of the game and spread the global presence of the NBA.

MGM’s partnership with the NBA is only the next logical step in the development of this potentially booming industry. The process of accepting betting as a part of sports culture in the United States has begun.

The Cash Flow in Gambling is Tremendous

According to Oxford Economics, there is a lot going on under the table. Apparently, the numbers from the report project that the legalization of sports betting could increase the US annual GDP up to $40 billion.

Also, legalizing sports can help the US economy to keep the money within the States and help prevent domestic casinos to go bankrupt. Moreover, the newly-formed legal gambling system could create employment opportunities for more than 125,000 people.

When all of this is said and done, a typical worker in a reformed sports betting industry would have an average salary of approximately $48,000. In fact, this is only the beginning of economic benefits coming from legalized gambling in the US. Advances and technological innovations in online betting services will also have a strong impact on the economy.

A Bond Between Technology and Gambling

The United Kingdom has been the world’s leading online sports gambling market for many years now. UK mobile industry currently covers around 60% of the country’s sports betting market. The UK gambling market should serve as a blueprint for the future of sports betting in the US because mobile betting via smartphone apps would bring billions of dollars worth of revenue.

It is a known fact that technological developments make sports gambling far more entertaining. It’s much easier to place a bet for NBA Primetime Saturday game from your favorite recliner than having to drive to the casino at last minute.

It is only a matter of time before the mobile betting market in the US becomes the world’s largest. This somewhat bold statement doesn’t come as a shock if we take into consideration the potential influence of US powerhouse economy on the expansion of mobile betting industry.

To sum it all up, legalized sports betting in the US is a huge win for the US tax revenue, employment, and the entertainment business. Take a look at the nifty infographic below courtesy of our friends at NJ GamesFor the Silo, Onur Unlu. 

Economic Impact of US Sports Betting NJ Games

Study Reveals Cost Of Cannabis And Industry Growth Worldwide

2018 Weed Index Study reveals the cost of marijuana and highlights the number of grow and head shops in 120 cities around the world:

  • With a total of 156, Los Angeles, USA has the most headshops.
  • Madrid, Spain has the largest amount of growshops, with a total of 68.
  • Tokyo, Japan has the most expensive cannabis, at 32.66 USD per gram, while Quito, Ecuador has the least expensive marijuana, at 1.34 USD per gram.
  • Based on the average US marijuana tax rates currently implemented, New York City could generate the highest potential tax revenue by legalising weed, with 156.40 million USD per year. New York City also has the highest consumption rate of cannabis, at 77.44 metric tons per year.

 

Berlin, Germany, 20/04/2018 – ABCD, a data-driven media campaign outlet, has released new data which reveals the number of marijuana head and growshops in 120 cities around the world. This research, which builds on the 2018 Cannabis Price Index released earlier this year, reveals which locations around the world are ready to embrace cannabis legalisation. The aim of the study is to illustrate the continuous need for legislative reform on cannabis use around the world, and to determine if there are any lessons to be learned from those cities at the forefront of marijuana legalization. By including extra data on the number of head and growshops in each city, this new research can be utilized to indicate which cities are prepared for an imminent cannabis reform, while also highlighting which cities are in opposition of marijuana legalisation.

 

The initial study began by selecting 120 cities across the world, including locations where cannabis is currently legal, illegal and partially legal, and where marijuana consumption data is available. Then, they looked into the price of weed per gram in each city. To calculate how much potential tax a city could make by legalising weed, ABCD investigated how much tax is paid on the most popular brand of cigarettes, as this offers the closest comparison. They then looked at what percentage marijuana is currently taxed in cities where it’s already legalised in the US.

ABCD decided to conduct the extra research in order to to further the discussion around the medical and recreational use of cannabis, and the potential industry and business opportunities that would follow legalisation. By identifying the number of headshops as well as growshops, this study serves as an indicator to a city’s existing cannabis infrastructure and willingness to accept such reform on a larger scale. As an indicating factor, the more head shops and grow shops a city has, the more positive their state’s and general public’s attitude towards the cannabis-related industry is likely to be.

The table below reveals a sample of the results for the 13 US cities featured in the study:

 

# City Legality Price per gram, US$ Total possible tax collection, if taxed at cigarette level, mil US$ Total possible tax collection, if taxed at average US marijuana taxes, mil US$ Total consumption in metric tons Headshops Growshops
1 Washington, DC Partial 18.08 47.51 20.96 6.18 20 8
2 Chicago Partial 11.46 119.61 52.77 24.54 91 10
3 Philadelphia Partial 11.30 68.37 30.16 14.22 41 3
4 Boston Legal 11.01 28.59 12.61 6.10 49 4
5 New York Partial 10.76 354.48 156.40 77.44 59 7
6 Dallas Partial 10.03 51.01 22.5 11.95 80 6
7 Houston Partial 10.03 89.13 39.32 20.89 125 14
8 Phoenix Partial 9.35 58.26 25.71 14.65 72 9
9 Miami Partial 9.27 16.24 7.16 4.12 67 25
10 San Francisco Legal 9.27 30.94 13.65 7.85 61 3
11 Los Angeles Legal 8.14 124.88 55.10 36.06 153 46
12 Denver Legal 7.79 20.53 9.06 6.20 61 21
13 Seattle Legal 7.58 20.59 9.08 6.39 46 10

 

The table below shows the top 10 most and least expensive cities for cannabis:

 

Top 10 Most Expensive Cities Top 10 Least Expensive Cities
# City Country Legality Price per gram, US$ # City Country Legality Price per gram, US$
1 Tokyo Japan Illegal 32.66 1 Quito Ecuador Partial 1.34
2 Seoul South Korea Illegal 32.44 2 Bogota Colombia Partial 2.20
3 Kyoto Japan Illegal 29.65 3 Asuncion Paraguay Partial 2.22
4 Hong Kong China Illegal 27.48 4 Jakarta Indonesia Illegal 3.79
5 Bangkok Thailand Partial 24.81 5 Panama City Panama Illegal 3.85
6 Dublin Ireland Illegal 21.63 6 Johannesburg South Africa Illegal 4.01
7 Tallinn Estonia Partial 20.98 7 Montevideo Uruguay Legal 4.15
8 Shanghai China Illegal 20.82 8 Astana Kazakhstan Illegal 4.22
9 Beijing China Illegal 20.52 9 Antwerp Belgium Partial 4.29
10 Oslo Norway Partial 19.14 10 New Delhi India Partial 4.38

 

The table Below shows the top 10 cities with the most growshops:

 

# City Country Legality Growshops
1 Madrid Spain Partial 68
2 Buenos Aires Argentina Partial 48
3 Los Angeles USA Legal 46
4 Toronto Canada Partial 37
5 Melbourne Australia Partial 31
6 Miami USA Partial 25
7 London UK Illegal 23
8 Barcelona Spain Partial 23
9 Denver USA Legal 21
10 Berlin Germany Partial 20

 

The table Below shows the top 10 cities with the most headshops:

 

# City Country Legality Headshops
1 Los Angeles USA Legal 156
2 Houston USA Partial 125
3 Chicago USA Partial 91
4 Dallas USA Partial 80
5 Phoenix USA Partial 72
6 Miami USA Partial 67
7 San Francisco USA Legal 61
8 Denver USA Legal 61
9 New York USA Partial 59
10 Boston USA Legal 49

 

The table below shows the top 10 cities who could generate the most potential tax by legalising cannabis, if taxed at the same rate as the most popular cigarette brand:

 

# City Country Legality Price per gram, US$ % of cigarette tax Possible tax revenue, mil US$
1 Cairo Egypt Illegal 16.15 73.13 384.87
2 New York USA Partial 10.76 42.54 354.48
3 London UK Illegal 9.20 82.16 237.35
4 Sydney Australia Partial 10.79 56.76 138.36
5 Karachi Pakistan Illegal 5.32 60.7 135.48
6 Melbourne Australia Partial 10.84 56.76 132.75
7 Moscow Russia Partial 11.84 47.63 128.97
8 Toronto Canada Partial 7.82 69.8 124.15
9 Chicago USA Partial 11.46 42.54 119.61
10 Berlin Germany Partial 13.53 72.9 114.77

N.B. % of cigarette tax refers to the tax percentage on the most popular brand. Possible tax revenue refers to the total possible tax collection per year, if taxed at cigarette level. For a full explanation of how the study was conducted, please see the methodology at the bottom of the press release.

 

The table below shows the top 10 cities who could generate the most potential tax by legalising cannabis, if taxed at the average US marijuana tax rate:

 

# City Country Legality Price per gram, US$ Possible tax revenue, mil US$
1 New York USA Partial 10.76 156.4
2 Cairo Egypt Illegal 16.15 98.78
3 London UK Illegal 9.20 54.22
4 Chicago USA Partial 11.46 52.77
5 Moscow Russia Partial 11.84 50.82
6 Sydney Australia Partial 10.79 45.75
7 Melbourne Australia Partial 10.84 43.9
8 Karachi Pakistan Illegal 5.32 41.89
9 Houston USA Partial 10.03 39.32
10 Toronto Canada Partial 7.82 33.38

N.B. Possible tax revenue refers to the total possible tax collection per year, if taxed at average US marijuana tax rate.

 

The table below shows the top 10 cities with the highest and lowest consumption of cannabis, per year:

 

Highest Consumers of Cannabis Lowest Consumers of Cannabis
# City Country Legality Price per gram, US$ Total consumption, metric tons # City Country Legality Price per gram, US$ Total consumption, metric tons
1 New York USA Partial 10.76 77.44 1 Singapore Singapore Illegal 14.01 0.02
2 Karachi Pakistan Illegal 5.32 41.95 2 Santo Domingo Dominican Rep. Illegal 6.93 0.16
3 New Delhi India Partial 4.38 38.26 3 Kyoto Japan Illegal 29.65 0.24
4 Los Angeles USA Legal 8.14 36.06 4 Thessaloniki Greece Partial 13.49 0.29
5 Cairo Egypt Illegal 16.15 32.59 5 Luxembourg City Luxembourg Partial 7.26 0.32
6 Mumbai India Partial 4.57 32.38 6 Panama City Panama Illegal 3.85 0.37
7 London UK Illegal 9.20 31.4 7 Reykjavik Iceland Illegal 15.92 0.44
8 Chicago USA Partial 11.46 24.54 8 Asuncion Paraguay Partial 2.22 0.46
9 Moscow Russia Partial 11.84 22.87 9 Colombo Sri Lanka Illegal 9.12 0.59
10 Toronto Canada Partial 7.82 22.75 10 Manila Philippines Illegal 5.24 0.6

N.B. Total consumption is calculated per annum.

 

Further findings:

 

  • Shanghai, China has a large population of 24.15 million, has however no headshops or growshops in the city, underlining a resistance against cannabis reform.
  • On average, the status of legality (e.g. Legal, Partial or Illegal) coincides with the amount of headshops and growshops found in each city. The favourable the laws, the better the cannabis infrastructure
  • New York City, USA has the highest consumption rate of cannabis, at 77.44 metric tons per year.
  • Boston, USA has the most expensive cannabis of all the cities where it’s legal, at 11.01 USD, while Montevideo, Uruguay has the least expensive at 4.15 USD.
  • While Tokyo, Japan has the most expensive cannabis of all cities where it’s illegal, at 32.66 USD, Jakarta, Indonesia has the least expensive at 3.79 USD, despite being classed as a Group 1 drug with harsh sentences such as life imprisonment and the death penalty.
  • For cities where cannabis is partially legal, Bangkok, Thailand has the most expensive at 24.81 USD, while Quito, Ecuador has the least expensive at 1.34 USD.
  • Bulgaria has the highest tax rates for the most popular brand of cigarettes, at 82.65%, while Paraguay has the lowest, with rates of 16%.
  • Cairo, Egypt would gain the most revenue in tax if they were to legalise cannabis and tax it as the same rate as cigarettes, at 384.87 million USD. Singapore, Singapore would gain the least, at 0.14 million USD, due in part to the city’s low consumption of marijuana at 0.02 metric tons per annum.
  • Based on the average US marijuana tax rates currently implemented, New York City could generate the highest potential tax revenue by legalising weed, with 156.4 million USD per year. Singapore, Singapore would gain the least, at 0.04 million USD.

 

Source for data and graphics- http://weedindex.io 

 

 

The full results of the 2018 Cannabis Price Index:

 

# City Country Legality Price per gram, US$ Taxes of cigarettes, % of the most sold brand Total possible tax collection, if taxed at cigarette level, mil US$ Total possible tax collection, if taxed at average US marijuana taxes, mil US$ Total Consumption in metric tons
1 Tokyo Japan Illegal 32.66 64.36 32.14 9.37 1.53
2 Seoul South Korea Illegal 32.44 61.99 31.61 9.57 1.57
3 Kyoto Japan Illegal 29.65 64.36 4.64 1.35 0.24
4 Hong Kong China Illegal 27.48 44.43 19.72 8.33 1.62
5 Bangkok Thailand Partial 24.81 73.13 99.11 25.44 5.46
6 Dublin Ireland Illegal 21.63 77.80 29.31 7.07 1.74
7 Tallinn Estonia Partial 20.98 77.24 22.13 5.38 1.37
8 Shanghai China Illegal 20.82 44.43 49.12 20.75 5.31
9 Beijing China Illegal 20.52 44.43 43.10 18.21 4.73
10 Oslo Norway Partial 19.14 68.83 19.28 5.26 1.46
11 Washington, DC USA Partial 18.08 42.54 47.51 20.96 6.18
12 Cairo Egypt Illegal 16.15 73.13 384.87 98.78 32.59
13 Reykjavik Iceland Illegal 15.92 56.40 3.97 1.32 0.44
14 Belfast Ireland Illegal 15.81 77.80 13.55 3.27 1.10
15 Minsk Belarus Illegal 15.80 51.15 9.08 3.33 1.12
16 Athens Greece Partial 14.95 79.95 7.42 1.74 0.62
17 Auckland New Zealand Partial 14.77 77.34 106.03 25.73 9.28
18 Munich Germany Partial 14.56 72.90 50.90 13.10 4.80
19 Helsinki Finland Partial 14.42 81.53 27.12 6.24 2.31
20 Singapore Singapore Illegal 14.01 66.23 0.14 0.04 0.02
21 Berlin Germany Partial 13.53 72.90 114.77 29.55 11.64
22 Stuttgart Germany Partial 13.50 72.90 20.20 5.20 2.05
23 Thessaloniki Greece Partial 13.49 79.95 3.17 0.75 0.29
24 Stockholm Sweden Illegal 13.20 68.84 15.06 4.11 1.66
25 Vienna Austria Partial 12.87 74.00 59.21 15.02 6.22
26 Copenhagen Denmark Partial 12.47 74.75 20.65 5.18 2.22
27 Moscow Russia Partial 11.84 47.63 128.97 50.82 22.87
28 Hamburg Germany Partial 11.64 72.90 50.16 12.92 5.91
29 Chicago USA Partial 11.46 42.54 119.61 52.77 24.54
30 Philadelphia USA Partial 11.30 42.54 68.37 30.16 14.22
31 Bucharest Romania Partial 11.18 75.41 17.23 4.29 2.04
32 Cologne Germany Partial 11.14 72.90 28.51 7.34 3.51
33 Geneva Switzerland Partial 11.12 61.20 5.90 1.81 0.87
34 Boston USA Legal 11.01 42.54 28.59 12.61 6.10
35 Adelaide Australia Partial 10.91 56.76 41.60 13.75 6.72
36 Istanbul Turkey Partial 10.87 82.13 21.79 4.98 2.44
37 Melbourne Australia Partial 10.84 56.76 132.75 43.90 21.58
38 Sydney Australia Partial 10.79 56.76 138.36 45.75 22.59
39 New York USA Partial 10.76 42.54 354.48 156.40 77.44
40 Düsseldorf Germany Partial 10.70 72.90 15.82 4.07 2.03
41 Brisbane Australia Partial 10.63 56.76 66.88 22.12 11.09
42 Hanover Germany Partial 10.51 72.90 13.46 3.47 1.76
43 Prague Czech Rep. Partial 10.47 77.42 63.95 15.50 7.89
44 Frankfurt Germany Partial 10.29 72.90 18.06 4.65 2.41
45 Wellington New Zealand Partial 10.11 77.34 19.53 4.74 2.50
46 Dallas USA Partial 10.03 42.54 51.01 22.50 11.95
47 Houston USA Partial 10.03 42.54 89.13 39.32 20.89
48 Vilnius Lithuania Illegal 10.00 75.76 5.20 1.29 0.69
49 Zurich Switzerland Partial 9.71 61.20 10.33 3.17 1.74
50 Montpellier France Illegal 9.70 80.30 12.21 2.85 1.57
51 Canberra Australia Partial 9.65 56.76 10.96 3.63 2.00
52 Zagreb Croatia Partial 9.43 75.26 24.35 6.07 3.43
53 Nice France Illegal 9.40 80.30 15.80 3.69 2.09
54 Phoenix USA Partial 9.35 42.54 58.26 25.71 14.65
55 Paris France Illegal 9.30 80.30 102.25 23.90 13.69
56 Miami USA Partial 9.27 42.54 16.24 7.16 4.12
57 San Francisco USA Legal 9.27 42.54 30.94 13.65 7.85
58 London UK Illegal 9.20 82.16 237.35 54.22 31.40
59 Colombo Sri Lanka Illegal 9.12 73.78 3.98 1.01 0.59
60 Riga Latvia Illegal 9.00 76.89 10.23 2.50 1.48
61 Bratislava Slovakia Illegal 8.92 81.54 7.24 1.67 1.00
62 Milan Italy Partial 8.85 75.68 46.06 11.42 6.88
63 Varna Bulgaria Illegal 8.83 82.65 4.84 1.10 0.66
64 Marseille France Illegal 8.69 80.30 36.23 8.47 5.19
65 Glasgow UK Illegal 8.65 82.16 15.21 3.47 2.14
66 Toulouse France Illegal 8.62 80.30 18.67 4.36 2.70
67 Birmingham UK Illegal 8.58 82.16 27.73 6.34 3.93
68 Kuala Lumpur Malaysia Illegal 8.54 55.36 6.61 2.24 1.40
69 Monterrey Mexico Partial 8.45 65.87 4.17 1.19 0.75
70 Edinburgh UK Illegal 8.41 82.16 12.22 2.79 1.77
71 Lisbon Portugal Partial 8.36 74.51 4.69 1.18 0.75
72 Strasbourg France Illegal 8.35 80.30 11.13 2.60 1.66
73 Warsaw Poland Partial 8.31 80.29 29.27 6.84 4.39
74 Lyon France Illegal 8.20 80.30 19.45 4.55 2.95
75 Los Angeles USA Legal 8.14 42.54 124.88 55.10 36.06
76 Liverpool UK Illegal 7.94 82.16 10.86 2.48 1.67
77 Amsterdam Netherlands Partial 7.89 73.40 20.94 5.35 3.61
78 Manchester UK Illegal 7.88 82.16 58.99 13.48 9.11
79 Rome Italy Partial 7.86 75.68 88.16 21.86 14.82
80 Toronto Canada Partial 7.82 69.80 124.15 33.38 22.75
81 Denver USA Legal 7.79 42.54 20.53 9.06 6.20
82 Naples Italy Partial 7.75 75.68 29.82 7.40 5.08
83 Leeds UK Illegal 7.67 82.16 16.93 3.87 2.69
84 Seattle USA Legal 7.58 42.54 20.59 9.08 6.39
85 Madrid Spain Partial 7.47 78.09 93.40 22.45 16.01
86 Calgary Canada Partial 7.30 69.80 52.23 14.05 10.25
87 Luxembourg City Luxembourg Partial 7.26 70.24 1.62 0.43 0.32
88 San Jose Costa Rica Partial 7.23 69.76 7.84 2.11 1.56
89 Buenos Aires Argentina Partial 7.13 69.84 25.32 6.81 5.09
90 Brussels Belgium Partial 7.09 75.92 15.50 3.83 2.88
91 Santo Domingo Dominican Rep. Illegal 6.93 58.87 0.67 0.21 0.16
92 Graz Austria Partial 6.84 74.00 4.81 1.22 0.95
93 Budapest Hungary Illegal 6.74 77.26 7.70 1.87 1.48
94 Sofia Bulgaria Illegal 6.66 82.65 12.83 2.91 2.33
95 Ottawa Canada Partial 6.62 69.80 35.43 9.53 7.67
96 Vancouver Canada Partial 6.40 69.80 23.44 6.30 5.25
97 Sao Paulo Brazil Partial 6.38 64.94 68.55 19.81 16.55
98 Rotterdam Netherlands Partial 6.33 73.40 12.75 3.26 2.74
99 Ljubljana Slovenia Partial 6.32 80.41 3.43 0.80 0.67
100 Barcelona Spain Partial 6.23 78.09 39.59 9.51 8.14
101 Montreal Canada Partial 6.15 69.80 60.52 16.27 14.10
102 Kiev Ukraine Partial 6.00 74.78 14.73 3.70 3.28
103 Abuja Nigeria Illegal 5.88 20.63 7.40 6.73 6.10
104 Lima Peru Partial 5.88 37.83 12.28 6.09 5.52
105 Mexico City Mexico Partial 5.87 65.87 22.58 6.43 5.84
106 Cape Town South Africa Illegal 5.82 48.80 2.47 0.95 0.87
107 Karachi Pakistan Illegal 5.32 60.70 135.48 41.89 41.95
108 Manila Philippines Illegal 5.24 74.27 2.32 0.59 0.60
109 Rio de Janeiro Brazil Partial 5.11 64.94 28.82 8.33 8.69
110 Mumbai India Partial 4.57 60.39 89.38 27.78 32.38
111 New Delhi India Partial 4.38 60.39 101.20 31.45 38.26
112 Antwerp Belgium Partial 4.29 75.92 4.10 1.01 1.26
113 Astana Kazakhstan Illegal 4.22 39.29 1.78 0.85 1.07
114 Montevideo Uruguay Legal 4.15 66.75 19.54 5.50 7.06
115 Johannesburg South Africa Illegal 4.01 48.80 3.76 1.45 1.92
116 Panama City Panama Illegal 3.85 56.52 0.81 0.27 0.37
117 Jakarta Indonesia Illegal 3.79 53.40 1.92 0.68 0.95
118 Asuncion Paraguay Partial 2.22 16.00 0.16 0.19 0.46
119 Bogota Colombia Partial 2.20 49.44 15.80 6.00 14.53
120 Quito Ecuador Partial 1.34 70.39 0.56 0.15 0.60

 

Methodology

 

Selection of the cities:

To select the cities for the study, Seedo first looked at the top and bottom cannabis consuming countries around the world. Then they analysed nations where marijuana is partially or completely legal, as well as illegal, and selected the final list of 120 cities in order to best offer a representative comparison of the global cannabis price.

 

Data:

 

  • Price per gram, US$ – Crowdsourced city-level surveys adjusted to World Drug Report 2017 of the United Nations Office on Drugs and Crime.

 

  • Taxes on Cigarettes, % of the most sold brand – Taxes as a percentage of the retail price of the most sold brand (total tax). Source: Appendix 2 of the WHO report on the global tobacco epidemic, 2015.

 

  • Annual possible tax collection is calculated in the following way:

 

  • Total_Possible_Tax=Population_City*Prevalence*Avg_Consumption_year_gr*price*tax_level, where:
  • Population: latest available local population data sources.
  • Annual Prevalence (percentage of population, having used weed in the year). Source: World Drug Report 2017 of the United Nations Office on Drugs and Crime
  • Average Consumption of weed per year in grams (people who consumed weed at least once in the previous year).
  • Estimation, with the assumption, that one use of weed on average means one joint.
  • One joint is assumed to have 0.66 grams of weed as in the paper of Mariani, Brooks, Haney and Levin (2010).
  • The distribution of use during the year is assumed to be the same as in Zhao and Harris (2004), where the yearly usage varies from once or twice a year to everyday.

 

  • Total Consumption in Tons

 

  • Consumption=Population*Prevalence*Consumption_year_gr
  • Population: latest available local population data sources.
  • Annual Prevalence (percentage of population, having used weed in the year). Source: World Drug Report 2017 of the United Nations Office on Drugs and Crime
  • Average Consumption of weed per year in grams (people who consumed weed at least once in the previous year).
  • Estimation, with the assumption, that one use of weed on average means one joint.
  • One joint is assumed to have 0.66 grams of weed as in the paper of Mariani, Brooks, Haney and Levin (2010).
  • The distribution of use during the year is assumed to be the same as in Zhao and Harris (2004), where the yearly usage varies from once or twice a year to everyday.

 

  • US tax level – Average tax level in the states of US where weed is legal: Alaska, California, Colorado, Maine, Massachusetts, Nevada, Oregon and Washington. Includes retail sales taxes, state taxes, local taxes and excise taxes.
  • Growshops – Sourced via Google Maps Listings 2018
  • Headshops – Sourced via Google Maps Data Listings 2018
  • Legality
    • Legal, if possession and selling for recreational and medical use is legal.
    • Illegal, if possession and selling for recreational and medical use is illegal.
    • Partial, if
      • Possession of small amounts is decriminalised (criminal penalties lessened, fines and regulated permits may still apply)
      • OR medicinal use legal
      • OR possession is legal, selling illegal
      • OR scientific use legal
      • OR usage allowed in restricted areas (e.g. homes or coffee shops)
      • OR local laws may apply to legality (e.g. illegal at federal level, legal at state level)

 

 

First quote: Based on New York City Council’s free lunch initiative which began in September 2017, with 1.1 million public school children, at a cost of $1.75 per child per day.

Funding Announced To Help Ontarians Save Energy And Money In Homes And Businesses

I’m sure we all read the distressing poll that about a third of Canadians still don’t believe the threat of climate change is real.  Even more illuminating: only 30 per cent even know we are taking action in Ontario to fight climate change.

This is the reason why Canada and Ontario are working together to take action on climate change and find clean solutions to help homeowners and families save money, reduce energy waste, create jobs and support healthy communities.

Minister of Environment and Climate Change, Catherine McKenna, and the Premier of Ontario, Kathleen Wynne, announced a federal investment of up to $100 million to help the people of Ontario make energy efficient retrofits to their homes – including apartments, townhouses and low-income housing – and businesses.

This funding will support the province’s GreenON Rebates program, which helps cover the cost of eco-friendly retrofits across the province. This investment is supported by the Government of Canada’s Low Carbon Economy Leadership Fund.

GreenON Rebates will assist property owners make energy efficient changes like installing better insulation, high-efficiency ventilation systems and heat pumps, and other devices to save energy and reduce costs.

This is an opportunity for us here in Haldimand-Norfolk to take action and do our part in fighting the climante change. We can take advantage of receiving some of our own tax dollars back by improving our houses and businesses while saving money in the long run at the same time.

As part of its Climate Change Action Plan (CCAP), Ontario in investing up to $1.7 billion over the coming years into GreenON to support a wide range of programs, including rebates and programs to help families, business and farmers make environmentally friendly changes. The CCAP is a five-year action plan that is making life more affordable for people across the province and making Ontario a leader in the global fight against climate change. Revenues from Ontario’s carbon market, which puts a cap on the carbon pollution businesses can emit, are funding this action plan.

The Government of Canada’s Low-Carbon Economy Leadership Fund provides $1.4 billion to provinces and territories that have adopted the Pan-Canadian Framework on Clean Growth and Climate Change (PCF), to deliver on commitments to reduce greenhouse gas emissions. Today’s announcement is part of the almost $420 million Ontario is receiving through the Leadership Fund.

Did you Know:

  • Through GreenON, property owners are currently eligible for rebates up to $7,200 in savings on new insulation; $5,000 in savings on replacement windows; $5,800 in savings on some air source heat pumps; and $20,000 in savings on installation of some certified ground source heat pumps.
  • In January, Ontario became part of the second-largest carbon market in the world, which forms the backbone of Ontario’s strategy to cut greenhouse gas pollution to 15 per cent below 1990 levels by 2020, 37 per cent by 2030 and 80 per cent by 2050.
  • Ontario’s carbon market has generation approximately $2.4 billion in revenue to improve schools, hospitals, transit and other projects like new bike lanes that are building a greener, more energy efficient province.
  • Ontario has committed up to $1.7 billion over three years to support a wide range of programs under the Green Ontario Fund (GreenON).

 

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