What are the economic impacts of cannabis-related businesses?

While it is premature to know exactly what legalization will mean economically for municipalities across Canada, it is apparent that cannabis sales bring millions of dollars into the coffers of states and municipalities in which recreational use of the substance is legalized.  

In 2014, the first year of legalized sales, Colorado retailers sold $213,414,440 worth of recreational marijuana, before all taxes.  According to the Substance Abuse and Mental Health Services Administration, approximately 15.09% of Colorado residents, or 808,220 people, smoke some amount of pot, resulting in average annual retail marijuana spending of $264 per user. Extrapolated to Ontario, which, according to Statistics Canada is home to 1,331,299 marijuana smokers (12.1% of the population), the first year of legalization could generate $351,462,936 in marijuana sales provincewide. 

Source: http://digitalcommons.osgoode.yorku.ca/cgi/viewcontent.cgi?article=1119&context=olsrps  

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1. What is the current framework for cannabis use in the City of Revelstoke?
2. What is the process the City is undertaking to prepare for cannabis legalization on October 17, 2018?
3. How can residents of Revelstoke provide in input?
4. What is the federal government’s responsibility in cannabis sales and production?
5. What is the provincial government’s responsibility in cannabis sales and production?
6. What is the City’s responsibility in cannabis sales and production?
7. Why is it important for the City to pass local regulations prior to legalization?
8. Will residents have an opportunity to provide input if new cannabis-related businesses are proposed in the City?
9. What is the City able to regulate?
10. Where will cannabis be grown?
11. Will I be able to grow cannabis at home?
12. As a londlord or as part of a strata, what are my rights in terms of restricting cannabis cultivation on my property?
13. How can I currently access cannabis for medical purposes and will this change with legalization of recreational cannabis?
14. What about all of the existing cannabis retails stores / dispensaries? Are they legal?
15. Will “cannabis cafes” be legal once cannabis is legal?
16. Will cannabis edibles (food products) be legal?
17. Who will regulate cannabis sales?
18. How will cannabis retail stores obtain their product?
19. What happens when cannabis is legalized on October 17, 2018?
20. What are the ricks of cannabis use?
21. What are the economic impacts of cannabis-related businesses?
22. How can I open a cannabis business in Revelstoke?
23. When can private retailers apply for a license?
24. How can I purchase cannabis once legalized on October 17, 2018?
25. Where can I find more information on cannabis for medical and non-medical purposes?