Re: Bumper crop of B.C. bud seized by Kootenay RCMP
Those seizures stopping an estimated 11,500 lbs of B.C. bud from being rolled into approximately 15.5 million marijuana cigarettes, according Romanchuk.
“At wholesale prices, based on the current value of marijuana bud in the West Kootenay, the value of the seized marijuana would range from $14.9 million to $36.7 million,” said Romanchuk. “The street value of the seized marijuana if sold in individual cigarette quantities would equate to approximately $77.5 million.”
So let’s play a math game. From the story (buds the size of a forearm!) you’d think that this “bumper crop” of seizures was a lot, right? 15.5 million joints sounds like a lot (crunching the numbers suggests that an RCMP joint weighs about 1/3 of a gram – pinners I think that Earl calls them). But is it?
The 2005 CAS survey gave us some numbers. Now, these are self-reported numbers which, for obvious reasons, tend to be lower than the real figures. But let’s use them anyway. We know that about 700,000 Canadians use cannabis for non-medical purposes daily. Another 1.3 million enjoy cannabis weekly. Let’s assume the daily consumers average a joint a day (probably low, I know, but I want to be conservative with these estimates) and the weekly folks average a joint a week (also low). Adding those numbers results in a weekly joint intake of 6.2 million. So the RCMP’s bumper seizure is about a 3 week supply…for the country.
I think that the 2005 numbers were non-medical, and that the same survey resulted in 1,000,000 Canadians self-reporting medical cannabis usage. Add a joint a day in for each of those (again, very conservative) and the RCMP seizure turns into a one-week supply.
If we apply more realistic numbers (3/day for the daily consumers and medusers, 3 a week for the weekly folks) you will quickly see that the bust took out about an 8 hour supply.
How much do you think we had to spend to achieve this pittance?