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Bud Inc.
 
 

Bud Inc. [Paperback]

Ian Mulgrew
5.0 out of 5 stars  See all reviews (3 customer reviews)
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Product Description

Review

Finalist for the 2005 national business book award

“An eye-opening account of the nation’s most valuable agricultural product … and a convincing argument for its legalization.”
Maclean’s

Bud Inc. virtually overflows with interesting players: growers, activists, smugglers, dealers and a few demons, as well…. A fascinating read … [Mulgrew] makes arguments that need to be heard and acted upon.”
Winnipeg Free Press

Product Description

According to Forbes magazine,* marijuana is “Canada’s most valuable agricultural product — bigger than wheat, cattle or timber.” Bud Inc. gives us an inside look at this thriving homegrown industry.

Although the cultivation and selling of marijuana remains illegal in Canada, it is already big business, especially in British Columbia. Law enforcement officials estimate that the annual wholesale value of B.C. marijuana is now $6 billion, about 5% of the province’s total economy. If these stats are correct, it is B.C.’s largest export. Ontario and Quebec are not far behind.

Vancouver journalist Ian Mulgrew has been following the rise of this underground economy for some time, and knows all the key players, political and entrepreneurial. Comparisons to the rum-runners of the Prohibition era are not unfounded. These so-called “pot barons” are all savvy businessmen who have built their empires using tried and true business models.

Cash-strapped governments, pharmaceutical companies and other big businesses are well aware of the potential profits, and Canada has been at the forefront of the global movement to legalize medical marijuana and decriminalize the recreational use of the drug. Estimates vary, but it’s thought that nearly a million people in Canada could benefit from medicinal marijuana, yet only about a thousand are currently legally authorized to use it. Many feel that marijuana should be grown, regulated and taxed like any other commodity.

Following the evolution of the marijuana trade from rich kids smuggling it in their luggage, to trans-oceanic operations involving tons of dope, to today’s thriving multi-billion-dollar domestic industry, Bud Inc. is a fascinating study of real-life supply-and-demand economics.

*November 2003


From the Hardcover edition.

Inside This Book (Learn More)
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Front Cover | Copyright | Table of Contents | Excerpt | Index
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1 of 1 people found the following review helpful
5.0 out of 5 stars great overview--, Feb 13 2008
By 
Michael Soucie (Edmonton, Alberta Canada) - See all my reviews
(REAL NAME)   
This review is from: Bud Inc. (Paperback)
for those of us who are new to the idea that "bud" is more than just a stoner substance.

Over the past couple of years I've had a hunch that it's the sick, the old, the dying and not the hippies that are driving the legalization movement.

But why...?

This book has a great deal of information that answers these kind of questions and brings those of us that are on the outside into the loop.

A must read.
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1 of 1 people found the following review helpful
5.0 out of 5 stars An economic, social and political view of the Cannabis industry in Canada, Jan 29 2008
By 
E. Lalonde (Ottawa) - See all my reviews
(TOP 500 REVIEWER)   
This review is from: Bud Inc. (Paperback)
Ian Mulgrew's "Bud Inc: Inside Canada's Marijuana Industry" is a fascinating in-depth look at the lies behind cannabis prohibition. Originally intended as an analysis of the late 20s and early 30s era alcohol prohibition, the author uses Canada's flourishing marijuana industry as a modern-day comparison of wrongful and illegitimate prohibition and the associated social ills of organized crime associated with this illegal status.

While the book is difficult to categorize and describe in terms of genre or style, Mulgrew's journalistic touch is visible throughout and consists of a series of interviews and stories involving many of Canada's "marijuana celebrities", such as Marc Emery and Stephen T. Easton. The underlying elements in what seems like a series of otherwise anecdotal stories are a number of economic, political, social, legal and historical reasons for which marijuana should be legalized. In short, current cannabis laws are inefficient and based on lies. Governments have time and time again ignored well-funded research projects, such as the Senate Special Committee on Illegal Drugs that have pushed for reform. Interestingly, laws are also biased against low-level cannabis users, as the maximum sentence for possession, five years less a day, is just short of the required sentence that constitutionally guarantees one to a jury trial (p.146).

Another undisputable fact revealed by the author is the economic importance and impact of the marijuana industry. On top of employing an unidentifiable number of otherwise unemployable people, cannabis production provides income and windfalls for communities that have suffered soft labour markets. Not only is the finished product a commodity like any other, there are a huge number of related products that are sub-industries in of their own, such as bongs, papers, fertilizers and growing lights which would also benefit from legalized cannabis.
The author's conclusions are a bit indecisive as to what marijuana legalization would look like in Canada, because of the wide divide in the perspective of his "characters." Some believe that the only tax revenues would be generated from tourists, as the majority of Canadians would opt to grow it on their own. Others believe that both medicinal and recreational marijuana could have profit potential and would be "taxed to hell."

This book is well worth a read for all those that wish to be in the know on the more sociological, political and economic aspects of the cannabis industry in Canada. While the author's academic credentials and use of scientific references might be a little light, a well-blended storyline along with interesting facts about the marijuana industry and the history of cannabis make it a must-read for the cannabis connoisseur.
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5.0 out of 5 stars very informative, April 26 2011
This review is from: Bud Inc. (Paperback)
This book was very informative, the writer encounters many high level people in the marijuana trade. It allows you to get a sense and gauge of how large the industry is. I recommend this book to those who like to learn from others mistakes, And just get some general info on how lucrative, versatile, and highly beneficial this plant is to society.
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