In 2015, the country of Canada spent about $5.6 billion on marijuana. This was almost as much as the country spent on wine that year.

According to estimate from Canada’s bureau of statistics, using data on marijuana consumption from the years between 1960, and 2015, marijuana use has gone up in recent years.

Canada, as it heads to making the drug recreation-ally legal next summer, has pledged to research the drug’s affect on the economy and on society.

Statistics Canada said that use in the 1960s an 1970s of marijuana was primarily by young people. In 2015 however, young people, in the age range of 15 to 17, only made up 6% of the people who smoked the drug recreation-ally.

Data also found that consumers used about 697.5 tonnes of pot in 2015.

According to statistics from Statistics Canada, if the federal government levies a 10% excise tax of C$1 per gram on the final retail price, 75% of the revenues would belong to provinces. This culd mean that Canada’s government could make nearly C$700 million a year.


Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

The Sent of Marijuana Is Not Enough To Search A Car in Colorado
17 July 2017
It’s Another Billion-dollar Loss for Canopy Growth
03 June 2020
Medical Marijuana Could Be A New Employee Benefit in Canada
30 May 2017