While anti-drug activists continue to do a slow burn, Prime
Minister, Justin Trudeau's Liberal government is (leisurely)
marching forward on carrying out one of its most well-publicized
campaign promises: the legalization of marijuana. At a recent
session of the United Nations General Assembly, Health Minister
Jane Philpott announced that the Canadian government isn't just
blowing smoke, but will instead begin the process of legalizing the
use of cannabis in 2017 through a joint process with the provinces
and territories.
Though this new policy is good politics, it also highlights the
potentially-lucrative opportunity for landlords and tenants. For
example, a Forum Research survey found that 31% of adult Canadians
would use marijuana if it were legalized. Extrapolating from
data which suggests that the existing marijuana industry, supplying
approximately 45,000 medicinal pot users, is worth from a low of
$80 million to a high of $100 million per year, industry
