3500 Dundas St, Burlington, ON
we are mīhī, a collective of people just like you, who are impassioned by the potential cannabis has for each of us. we’re on a mission to make it an accepted and positive part of life. we understand that cannabis consumption is different for everyone and should be customized to meet individual lifestyles and needs. our team is a group of passionate individuals and industry professionals ranging from all walks of life. we’re a fun loving team who wants to make the cannabis experience welcoming and memorable for all. we believe in the importance of community. this means the neighbourhoods in which we operate, as well as the community of entrepreneurs in cannabis. that’s why we are partnering with local craft growers, accessory suppliers and local artisans. we’re even a founding member of Ontario’s Independent Cannabis Entrepreneurs (OICE).
Canadian Cannabis Has Added $43.5 Billion to Canada's GDP Since Legalization
Legalizing cannabis seemed like a risky bet for Trudeau over 3 years ago. However as we pass year 3 of legalization the industry seems to be in robust health! Consumption is widely accepted across the country and the sky has certainly not fallen as the reefer madness campaigners had wanted you to believe. In addition, Cannabis has contributed $43.5 B to Canada's GDP since legalization on October 17th, 2018 according to Deloitte.
Highlights from the Deloitte report:
Legal recreational cannabis sales have grown from $1.6B in 2018 to $3.9B in 2021. This is an increase of 143% and totals to over $11B in that time. It is also estimated an additional $29B was generated through capital expenditures in no small part to the large construction projects needed to develop the facilities to both grow and distribute cannabis across Canada.
Moreover, the industry has generated over 151,000 jobs and put over $15B into government coffers. Another way of looking at the economic contribution is that for every $1.00 of revenue or capital expenditure the industry adds $1.09 to Canada's GDP which shows a positive return which all successful industries need to have.
The $15B in tax revenue generated can be bro...Read More
For inquiries that require a response, contact us at email@example.com