200 Southridge Dr #225, Okotoks, AB, Canada
Our connection to what cannabis can offer is personal. We have a strong desire to curate a trusted, safe and reliable umbrella of products that help our customers rediscover their vibrancy. The elation and joy we are creating is derived from living a fuller life and experiencing more. We have spent the last two years forming strategic relationships with vendors, suppliers, landlords and influencers to bring together our vision of offering the highest quality products in a controlled and safe environment, all at the best financial terms. And just in time… the market is primed, and we are ready! We are passionate about our brand, our product and our model. It is our mission to guide, educate and support Canadians in living their sweetest life.
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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