http://www.medigrow.org/wp-content/uploads/2015/12/Logo-Medigrow.png 0 0 The Daily Chronic http://www.medigrow.org/wp-content/uploads/2015/12/Logo-Medigrow.png The Daily Chronic2015-11-10 09:08:572015-11-10 09:08:57Canada’s $5 Billion Marijuana Market and the Potential Problems
Canada’s $5 Billion Marijuana Market and the Potential Problems
Canadians Want Cannabis Legalized and Regulated
The latest Forum Research survey found that 18% of the 1,256 respondents had used marijuana in the past year. Another 13% of respondents said they would have if it were legal. This equates to a potential recreational cannabis market of over 7 million Canadians.
Currently the medical marijuana market in Canada is worth around $80-$100 million per year, serving approximately 45,000 patients. Industry analysts say this could top $5 billion per year when weed is legalized in Canada.
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