Weed Week Canada smokes even more weed than the government

New Post Public Reply Private Reply Replies (0) Message Board
Jerseyfish
424
Weed Week
Canada smokes even more weed than the government thought.
With legalization now only months away from becoming the law of the land, Statistics Canada is starting to get a better idea of just how much weed Canadians are smoking.

According to numbers released on Wednesday, 14 percent of Canadians (or around 4.2 million people) reported using cannabis in the past three months, with 56 percent of them being “daily” or “weekly” users. (That’s around 2.4 million people.)

That figure is higher than the government’s previous best guesses when it came to cannabis use. A study released in February 2018 estimated that 12.3 per cent of Canadians had reported using cannabis over the course of 2015.

Wednesday’s Statistics Canada report indicates that Canadians have in fact been smoking more weed than the government has been able to track. Wednesday’s numbers are the first being released from the new National Cannabis Survey, an attempt to provide more timely and accurate data on Canadians’ cannabis use.

Rates of use varied across the provinces. At the low end of the spectrum was Quebec, where only 10 percent of people used cannabis; topping the list was Nova Scotia, where that number was 20 percent.

The report also asked people what form of cannabis they used. On this question, it appears that Canadians still respect the classics: 76 percent of users said they used plain old dried weed, while 28 percent said they used edibles. Newfangled products like oil cartridges, vape pens, and liquids were only used by around 10 percent of cannabis consumers.

Perhaps concerningly for a government that is about to get into the business of selling pot, only half of the people who used cannabis said they plan on changing their source of supply once legal sales begin. Only 19 percent of people reported going to an illegal storefront dispensary; most people, it turns out, still buy their weed from dealers, their friends, or casual acquaintances.

‘THE NUMBER IS ACTUALLY MUCH HIGHER’

Michelle Rotermann, a researcher with Statistics Canada, said the results don’t indicate any changes in how much cannabis Canadians are consuming. Instead the data offers a more accurate picture of cannabis use than previous studies. “Today’s release, it’s establishing a baseline,” said Rotermann. “We will be able to build a series of data, and we’re going to be asking the same (or very similar) set of questions every three months.”

When you drill it down, the task of estimating how many people in the country smoke pot remains a tricky, and inexact, science. “I always question how accurate the numbers actually are when you’re asking people to admit to an activity that’s illegal,” Trina Fraser, an Ottawa-based lawyer who works closely with the cannabis industry, told VICE News. “I kind of take all those reported numbers with a grain of salt, especially for use by minors. In Quebec, especially: only ten percent of teenagers have used cannabis in the past three months? I don’t believe that, I think the number is actually much higher.”

Among other things, legalization will be a gift to statisticians and social scientists like Rotermann. “We didn’t have the normal tools we would have if we were trying to estimate the use of something like alcohol, or even soybeans,” she said. “We didn’t have the typical economic resource data. We didn’t really have retail stores, we didn’t have tax receipts, yet we still needed to try to value this product.”

The study also found that most Canadians who don’t currently smoke weed don’t plan on starting just because it is legal. Only six per cent of people who hadn’t consumed cannabis in the past three months said they planned on increasing their use or trying it for the first time.

That could be an important signal to licensed producers and others hoping to cash in on legal weed. “It sends a message as to who your customers are going to be,” said Fraser. “As an LP, that tells me I should put an increased focus on acquiring existing cannabis brands, for example. To the customer base that it looks like I’m going to have, those brands may have significant value. That would be something I would be focusing on.”

It might also become important information for the provinces, who will have to figure out how to meet demand, Fraser said. “Many people suspect we’re going to have a significant supply shortfall in the short- to medium-term,” she continued. “It’s going to be really important that these processors and provincial buyers are making the right choices of what to put on the shelves, and what types of products are going to actually be the ones that consumers are buying.”

Beleave Inc (BLEVF) Stock Research Links

BLEVF Board Company Profile Buy Rating Time & Sales News Filings Financials
Scroll down for more posts ▼

Top 10 Most Recent News Articles

MasterBrand's 2027 Kitchen Trends: Embrace Warmth

Updated Category News Views 3

Wood Finishes and the Warm Embrace Alright folks, let's cut through the fluff and get to the heart of the matter: wood finishes are making a roaring comeback in 2027 kitchens. And it's not just some passing phase, we're talking a comprehensive shift toward warmer and more natural kitchen designs. MasterBrand, Inc. isn't just throwing darts at a board here. They surveyed a...

Continue Reading
CSS Revamps Identity, Emphasizing Senior Living Tech

Updated Category News Views 3

CSS Takes a Bold Step with a Fresh Brand Identity Every now and then, you see a company shake off the old coat and put on a polished new one. That's what CSS is doing with its updated brand, staking its claim as a heavyweight tech player in the senior living sector. No small feat, given the challenges stacked against these aging communities—tasked with keeping...

Continue Reading
RxWellness Hits Inc. 5000—Four Straight Wins Impress

Updated Category News Views 4

RxWellness Spine & Health Continues to Impress Well, not many companies can boast about snagging a spot on the Inc. 5000 list four years in a row, but here we are with RxWellness Spine & Health doing just that. Sitting pretty at No. 1,230 nationally—and that's no small feat—these folks are making waves in the healthcare industry. Securing the No. 135 spot in...

Continue Reading
Cabot Wilds: Nova Scotia's Next Luxury Golf Haven

Updated Category News Views 0

Breaking New Ground in Golf and Luxury Cabot and the Bragg family are cooking up something extraordinary in Cumberland County, Nova Scotia. The new luxury lifestyle and golf destination, Cabot Wilds, promises to be more than just a retreat—it's a bold statement on how to marry nature, luxury, and community. Set to open in late 2027, this expansive 2,500-acre resort will...

Continue Reading
MSP360 Unveils Free Proxmox Backup: A Game Changer?

Updated Category News Views 4

Backing Up: New Paths for Proxmox Users Ever get that feeling of uncovering something truly worth its weight in gold? That's what MSP360 just dropped on us, with their new backup solution for Proxmox that won’t cost you a dime upfront. They're calling it the Community Edition, and it’s not only free, but it comes with all the bells and whistles for protecting those...

Continue Reading
TWP & Commbi Unveil Exclusive Pony Clog Collaboration

Updated Category News Views 1

A Fusion of Fashion and Functionality Walk down the streets of New York or hustle your way through an airport without worrying about your footwear weighing you down. That's the promise coming from the fresh alliance between TWP and Commbi with their new Pony Clog Collaboration. A blend of high fashion and everyday utility, these clogs aren't just keeping up with the...

Continue Reading
Orthopedic Expert Highlighting Midwest Pain Access Gaps

Updated Category News Views 4

Over in the vast sprawl of rolling plains and prairie winds, folks in the Upper Midwest are grappling with an ironic reality. As technological advancements blaze trails, people suffering from vertebrogenic pain are finding themselves up against a wall of limited access to specialized care. We’ve got Dr. James T. Brunz, the man of the hour, one of only about 15 Intracept...

Continue Reading
Postal Connections Expands with New Hillsboro Opening

Updated Category News Views 2

Expanding Horizons in Hillsboro In the world of postal and office services, Annex Brands, Inc. is making headlines by launching yet another Postal Connections spot, this time planting its flag in the tech-centric town of Hillsboro, Oregon. Spearheaded by Jason Rautenkranz, this expansion is more than just another dot on a map—it's a strategic push into one of the...

Continue Reading
Lumicell Expands LumiSystem in Breast Cancer Surgery

Updated Category News Views 4

Innovation in Breast Cancer Surgery: A Real-World Game Changer? You’ve got your flashlight guiding a scared child through the dark, and in the healthcare world, Lumicell is promising to do just that for surgeons navigating the tricky maze of breast cancer surgery. Their LumiSystem is making waves in breast-conserving surgery—new kid on the block with a real chance at...

Continue Reading
Perk's U.S. Expansion: A Bold Move in Spend Control

Updated Category News Views 3

Perk Aims for U.S. Growth: Will It Pay Off? Amidst the cacophony of market chatter, Perk's announcement to bring its spend platform stateside is echoing louder than usual. This move is not just another step in its expansion but rather a leap considering the competition and market needs. In Europe, where they've already captured a chunk of the market with their Travel and...

Continue Reading

Top 5 Most Recently Viewed Articles

Halper Sadeh LLC Probes Companies for Shareholder Violations

Updated Category News Views 74

Shareholder Investigation by Halper Sadeh LLC Halper Sadeh LLC, a renowned law firm focusing on investor rights, is thoroughly examining three companies for possible violations of federal securities laws and potential breaches of fiduciary duties that could affect shareholders. This investigative initiative aims to safeguard the interests of investors by uncovering any...

Continue Reading
Doce Mezcal Expands Horizons with Pronghorn Investment and Blueprint

Updated Category News Views 231

Doce Mezcal Expands Horizons with Strategic Partnerships Doce Mezcal, a spirited and innovative mezcal brand, has taken significant strides in its journey since launching in 2022. The women-founded company, rooted in values that prioritize quality and excellence, has recently made headlines with a noteworthy investment from Pronghorn and an exciting distribution...

Continue Reading
Understanding the Recent Allegations Against Nidec Corporation

Updated Category News Views 254

Nidec Corporation Faces Securities Investigation Rosen Law Firm, known for its commitment to investor rights, has initiated an inquiry into Nidec Corporation (OTC: NJDCY). This investigation arises from substantial allegations that the company might have misled shareholders regarding vital business information. Why This Investigation Matters For anyone who has invested in...

Continue Reading
Fly-E Group Investors Urged to Join Class Action Lawsuit

Updated Category News Views 127

Fly-E Group, Inc. Class Action Lawsuit Overview The Gross Law Firm is actively reaching out to shareholders of Fly-E Group, Inc. (NASDAQ: FLYE) who may be impacted by recent troubling events surrounding the company. Details on the Allegations It is alleged that Fly-E Group misled investors by presenting overly positive statements about their products, particularly their...

Continue Reading
BioAge Labs, Inc. Faces Securities Fraud Investigations Ahead

Updated Category News Views 114

Understanding the Legal Landscape for BioAge Labs, Inc. BioAge Labs, Inc. (NASDAQ: BIOA) is currently under scrutiny as Edelson Lechtzin LLP, a prominent class action law firm, investigates claims of potential securities fraud. This inquiry is aimed at protecting investors who acquired shares under circumstances that may have been misleading. The Importance of Timely...

Continue Reading