It’s been widely reported that marijuana legalization is causing organized crime to take a hit in the pocketbook.
Down south, the Mexican cartels’ incomes have been significantly cut due to the legalization movement sweeping across the western United States. And to our north, it now seems that the Canadian Hells Angels are none too happy with the newly elected liberal government and their recently announced plans to legalize marijuana. In fact, the Hells Angels were unhappy enough to show up at Canadian parliament in large droves and protest the new regime’s plans.
At first one might think that the biker element would be happy with cannabis getting legal status. I mean, one less thing to worry about when it comes to law enforcement, right? However, legalization could cost the biker gang millions of dollars in lost sales, and thousands of lost jobs. From growing to trimming, transportation, security, and sales, all things the Hells Angels currently do for their Canadian communities could be replaced by cannabis industry professionals, who hope to provide marijuana in a more economical and safe manor.
It is estimated that marijuana legalization in Canada could add as much as $12 billion to the country’s economy annually.
“Our research suggests more than 7,366,000 people in Canada use pot, and we estimate the Canadian pot industry is worth between $5 billion and $12 billion a year, depending on suggested prices,” Economics professor Zahir Mahalik said.
“Our study evaluated not only the legalization of cannabis on a recreational use basis, but also for its inherit potential in the medical and pharmaceutical business, which explains the high numbers,” Mahalik told local reporters. “It is obvious the legalization of marijuana will cause major profit losses to organized crime organizations nationwide.”
With a large chunk of that $12 billion at stake, you can almost understand why the outlaw biker gang is upset. I mean a lot of these guys are going to have to find new careers, whether they like it or not.
A prime example is Gino Ouellet, a Hells Angel member for the past 36 years and one of many who turned out to protest this week at Parliament.
“I’ve been selling weed since I’m 12 years old,” said Ouellet, 56, and a Hells Angels member for the past 36 years. “Do you think I’m going to want to go work at Wal-Mart or McDonalds at minimal wage? I don’t think so.”