119 Banff Ave #101B, Banff, AB
The end of prohibition is here and Banff Cannabis Inc. can help you find your personalized high! Owned and operated by lifelong Banff residents, we aim to serve the people who work, live and play in this comnmunity as well as visitors. Drop by our Banff Avenue location and experience our small town vibe. Our store provides friendly, knowledgeable services no matter if you are a long-time user or first-time buyer. Located across from Sidestreet Liquor on Banff Avenue, we are a convenient stop when you are running errands after an adventure in the hills, on the way to a friend's house or in a rush to get home after work. Explore our mountains and enjoy responsibly!
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
Only independent in Banff! Staff are friendly, owner is passionate about cannabis and the menu is well curated. Chill, local, community vibes.
For inquiries that require a response, contact us at email@example.com