WHITEFISH — For years, backpacks crammed with cash have slipped north into Canada, followed closely by hockey bags packed with premium marijuana skating south into Montana.
A favorable exchange rate (not long ago, one American dollar bought one and a half Canadian dollars) made the smuggling profitable, and thus popular.
But last month, for the first time in more than 30 years, the two currencies were at par, matched in value, and today a Canadian dollar buys $1.10 U.S.
The financial tables have turned, and global economics have done what U.S. law enforcement could not: Capitalism has stopped the smugglers in their tracks.
Call it Marijuanomics 101.
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