Katelyn Baker
Well-Known Member
Sales would surpass the combined totals that come from beer, wine and spirits
If recreational marijuana is legalized in Canada, it could generate a nearly $23 billion industry in the country, a new study suggests.
Sales would surpass the combined totals that come from beer, wine and spirits purchases, according to the Toronto Star, which cited a soon-to-be-released Deloitte report on Thursday. The newspaper said the report found that the base retail market alone would be worth $4.9 billion to $8.7 billion annually, while the ancillary market would spike to about $22.6 billion.
Marijuana appears to be moving toward legalization in Canada. Prime Minister Justin Trudeau last November asked federal officials to set up a legal framework for pot legalization.
News Moderator: Katelyn Baker 420 MAGAZINE ®
Full Article: Study - Recreational Marijuana In Canada Could Generate More Money Than Booze
Author: Melissa Chan
Contact: TIME
Photo Credit: Christopher Furlong
Website: TIME
If recreational marijuana is legalized in Canada, it could generate a nearly $23 billion industry in the country, a new study suggests.
Sales would surpass the combined totals that come from beer, wine and spirits purchases, according to the Toronto Star, which cited a soon-to-be-released Deloitte report on Thursday. The newspaper said the report found that the base retail market alone would be worth $4.9 billion to $8.7 billion annually, while the ancillary market would spike to about $22.6 billion.
Marijuana appears to be moving toward legalization in Canada. Prime Minister Justin Trudeau last November asked federal officials to set up a legal framework for pot legalization.
News Moderator: Katelyn Baker 420 MAGAZINE ®
Full Article: Study - Recreational Marijuana In Canada Could Generate More Money Than Booze
Author: Melissa Chan
Contact: TIME
Photo Credit: Christopher Furlong
Website: TIME
