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Queen of Bud
- 1717 10 Avenue SW, Calgary, AB, Calgary,T3C 0K1
- info@queenofbud.ca
- 4034605555
- queenofbud.ca
Queen of Bud
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-1644274827364.png "News Detail")
Canadian Cannabis Has Added $43.5 Billion to Canada's GDP Since Legalization
Canadian Cannabis Has Added $43.5 Billion to Canada's GDP
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...
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kal
506/10/20
jacobs865
508/10/19
The vibe of this store is awesome! Across the street from Sunalta C-train Station, friendly staff, amazing selection of strains with unbeatable prices. Love the Queen of Bud, would recommend!
Savanah
508/10/19
Always love coming to this store! Beautiful layout, friendly staff and weekly discounts!
Cdouglas
525/07/19
Cool spot with a clean and modern vibe. Staff were nice and knew the menu. Will go back.
carl
528/05/19
Really cool spot! Not a typical design in comparison to the other stores I've visited but the modern/ clean look really shows they are trying to break away from the stigma previously attached to this wonderful plant and I would say it's working. Would recommend checking this place out if you're in the area!
scruffyt
527/05/19
Nice looking store. Staff were friendly and helpful. Let them know it was a gift, and they even threw in some papers and a lighter.
Penner
522/05/19
This Cannabis store is like none other that iv'e seen. The beautiful/ modern interior in combination with friendly Bud tenders make for a welcoming and positive shopping experience! Would recommend checking it out!
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Nice!!