21 King St W, Bowmanville, ON , Canada
Speakeasy Cannabis Co. is a fully licensed cannabis dispensary that was built with community safety in mind. Our special space allows us to step back to a roaring era with a green twist. Our company is built upon four cornerstones that create a unique foundation for all that we do. We are here to provide a Speakeasy space that allows locals and visitors to explore the world of cannabis in a safe environment guided by our stellar budtenders. We are here to provide top notch cannabis and cannabis products paired with experiential customer service. All of our products and accessories have been tested and approved by the speakeasy family to ensure we are putting our best foot forward with every step.
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
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