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Economist: Canada’s illicit marijuana market worth CA$22 billion

28 Nov Economist: Canada’s illicit marijuana market worth CA$22 billion

Canada’s recreational cannabis black market already enjoys annual operating revenue of around 22 billion Canadian dollars ($17 billion) when exports are accounted for, according to Capital Economics senior economist David Madani. Canada has about 4.2 million regular users of marijuana, Capital Economics estimates. Those users spent about CA$6.5 billion on marijuana within the nation’s borders […] Economist: Canada’s illicit marijuana market worth CA$22 billion is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

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