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Canada Goes Green: Cannabis Craze!
A new report says the majority of Canadians are purchasing all their cannabis through legal sources.
After first prohibiting cannabis use in 1923, medical cannabis use was legalized in Canada in 2001 and then recreational use in 2018.
Given nearly 7 years has passed since the latter; has it had much effect on the illicit market?
Researchers from Canada, the UK and the USA indicate it has.
National surveys carried out in 2022 and 2023 among Canadians aged 16-65 years elicited information from 2,686 respondents who had used cannabis in the past 12 months across nine cannabis product types. Participants on average reported 78% of all their cannabis came from legal sources in the past year. Averages differed significantly between cannabis products, ranging from a low of 55.6% for hash to a high of 80.2% for beverages.
As for prices — the gap between legal and illegal has been closing, and for some types legal products appear to be cheaper.
- Dried flower: +23.8%
- Vapes: +18.7%
- Hash: +38.4%
- Capsules: -28.4%
- Drops: -3.3%
- Edibles: +3.9%
- Beverages: -8.8%
- Concentrates: +13.8%
- Tinctures: -17.0%
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