WeedLife News Network
Canada's Cannabis Industry Boosts Economy & Jobs
A new report highlights the economic impacts of cannabis legalization in Canada and Ontario.
The cannabis industry contributed $76.5 billion to Canada's gross domestic product (GDP) and $23.1 billion to Ontario's GDP between legalization in 2018 and 2024, according to a new report from the Ontario Cannabis Store (OCS) and Deloitte.
Additionally, the legal cannabis sector sustained approximately 98,200 jobs annually across the country, with about one-third (31,900) located in Ontario.
The report, Six Years of Legalization: The Economic and Social Impact of Canada's Cannabis Sector, was released on August 13, 2025, and was prepared by OCS in collaboration with Deloitte Canada. It is a follow-up on a similar report in 2021 that looked at the first three years of the legal cannabis industry in Canada and Ontario.
The report also looks at the economic impact in Mississauga, one of Ontario's largest cities, which began allowing retail cannabis stores in 2023. Furthermore, it highlights some of the socioeconomic impacts of legalization and the industry.
Ontario's contribution to Canada's cannabis economy
Copyright
©420 Intel
When you subscribe to the blog, we will send you an e-mail when there are new updates on the site so you wouldn't miss them.
