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Posted On: 06/08/2018 11:24:00 AM
Post# of 106588
As Canada legalizes Cannabis $IDVV will be there to support new farmers and large cannabis factories with off grid operations through our distribution centers. We see huge upside potential for our Canadian distribution facilities and are excited to help industry experts and new cannabis enthusiasts setup off grid growing centers throughout Canada”
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.
https://ca.finance.yahoo.com/news/internation...00121.html
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.
https://ca.finance.yahoo.com/news/internation...00121.html
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