Tag: canada
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Study: Prices For Legal And Illegal Canadian Cannabis Have Narrowed
A team of international investigators recently conducted a study examining cannabis prices for regulated and unregulated cannabis products in Canada. Lawmakers in Canada adopted national adult-use legalization in 2018, including the legalization of sales of recreational cannabis products. The study’s findings were published in the journal Drug and Alcohol Review. “The price of cannabis has important…
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Canada’s Cannabis Industry Has Generated Over $29.6 Billion In Taxes
Canada was the first G-7 nation to legalize cannabis for adult use at a national level, and the second country in history overall, only behind Uruguay. Canada remains the only country on earth where anyone of legal age can purchase recreational cannabis products regardless of residency status. Legal sales of adult-use cannabis products began in…
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How Much Does Canada’s Cannabis Industry Contribute To GDP?
Canada became the second country to adopt a national adult-use cannabis legalization measure in 2018. The only other country to adopt a national recreational cannabis legalization measure before Canada was Uruguay in 2013. However, whereas Uruguay limits legal adult-use sales to residents only, Canada permits sales to anyone of legal age regardless of residency status.…
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Alberta Consumers Spend The Most On Cannabis Annually
When it comes to Canadian cannabis consumers, not all provinces and territories are the same from the perspective of annual spending on regulated cannabis products. One province, Alberta, stands out from the rest. “Albertans led the country in legal cannabis consumption by a substantial margin last year, with an average of $248 spent per person…
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Which Type Of Cannabis Products Are Popular In Canada?
Canada first legalized cannabis for adult use in 2018, becoming the first G-7 nation to adopt a national recreational cannabis legalization measure. The only country to adopt a national adult-use legalization measure before Canada was Uruguay, but Uruguay limits legal recreational cannabis sales to residents. Zoom forward to today, and Malta, Luxembourg, Germany, South Africa,…
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How Much Medical Cannabis Does Germany Import From Canada?
Germany is home to the largest legal medical cannabis market on the planet, and that was true even before the European country adopted a national adult-use cannabis legalization measure in April 2024. Germany used to have a limit on how much medical cannabis could be produced domestically. However, that limit was removed as part of…
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How Many Registered Medical Cannabis Patients Are In Canada?
Canada first legalized medical cannabis in 2001, although the North American nation’s modern medical cannabis laws and regulations came into effect in 2018 as part of Canada’s cannabis public policy overhaul. Lawmakers in Canada legalized cannabis for adult use in 2018 and updated their medical cannabis policies as part of the 2018 law. As is…
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Nova Scotia Sold $121 million Worth Of Cannabis Products In 2023
According to the Nova Scotia Liquor Corporation, and as originally reported by StatCann, the Canadian province’s Crown corporation, which operates 49 retail cannabis locations, sold $121 million worth of cannabis in 2023. “Cannabis transactions increased by 12.2%, but the average basket size decreased by 3% to $37.27, along with a 4% reduction in the average price…
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Global Cannabis Food And Beverage Market Projected To Reach $2.63 Billion By 2026
The legal worldwide cannabis food and beverage market is projected to reach an estimated $2.63 billion by 2026 according to a new report by Allied Market Research. The projected increase in market value is attributed to cannabis policy modernization efforts around the globe and increased consumer demand. “According to a new report published by Allied…
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Consumers Report Drinking Less Alcohol After Cannabis Sales Become Legal
Consumers in North America have reported consuming less alcohol after their jurisdictions legalized recreational cannabis sales according to the results of two new surveys, suggesting that consumers are replacing alcohol use with cannabis use. “In Canada, where cannabis has been legal nationwide since 2018, 22.8% of people who use both cannabis and alcohol reported drinking…