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  • 2018-10-22 (xsd:date)
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  • Did Canada Pay Off Entire Federal Debt One Day After Marijuana Legalization? (en)
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  • The first day of legal marijuana sales in Canada on 17 October 2018 was, by most accounts, a roaring success. Dispensaries saw long lines and sold hundreds of thousands of dollars worth of product. According to a report from Vice, the demand was so high that the country was experiencing a marijuana shortage by the end of day one. So when the Daily Bonnet reported that the country was able to pay off their entire federal debt within one day of legalizing marijuana, some readers found the story plausible (or perhaps they were just stoned enough to believe it): This was not a genuine bit of news, however, as it originated with The Daily Bonnet, a Canadian satire website: It's far too early to say just how much tax revenue Canada will generate from the legal sale of marijuana, but according to a report from PBS, it could be as high as $1 billion: (en)
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