Discussing marijuana legalization

CBC interviewed Werner Antweiler, a professor at UBC’s Sauder School of Business, about how profitable it could be for the provincial government to legalize marijuana.

He noted that the price for legal marijuana would have to be carefully determined.

“It’s a balancing act,” he said. “It can’t be too high because it’s very important to transition the illegal market to the legal market and at the same time it can’t be too cheap, because on the other hand we don’t want to encourage overuse.”

The segment begins at 13:30.