Sault Ste. Marie
317 Northern Ave E, Sault Ste. Marie, ON
We are a licensed cannabis retail company with store locations across Ontario. As a pioneering store in the new legal market, our goal is to set a standard for cannabis retail that inspires the acceptance of cannabis in our community. Our hope is that by redefining the experience of purchasing cannabis, we can help dissolve the negative stigma associated with cannabis. To do this, we are doing two things. First, we are building an in store atmosphere around the tenets of positivity, openness and education. Simply put, when you walk in the doors, we want you to feel as welcome as you would in your own home. Second, we are striving to be a stalwart member of the community by operating a sustainable business with as low of an environmental impact as possible through the implementation of 100% recycled paper bags and a free to use recycling program. We are also a certified Living Wage organization, which means we provide employee compensation above and beyond the living wage to our staff and all of our contractors
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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