$IDVV Nearly five million Canadians spent money on marijuana last year, spending an average of about $1,200 each, according to new federal data. That's one of the main takeaways of a Statistics Canada report released Thursday that attempts to quantify the size of the market leading up to legalization this summer. The almost $6-billion figure compares with the just over $22 billion that Canadians spent on alcohol last year, and the $16 billion they spent on tobacco products. In terms of production, however, the marijuana industry is now bigger than Canada's beer or tobacco industries. The country produced:

About $3.4 billion worth of cannabis in 2014.
About $2.9 billion in the brewing industry.
$1 billion in tobacco products.

Source CBD.CA http://www.cbc.ca/news/business/marijuana-ind...1.45003152

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