2625C Weston Rd #27, North York, ON
We believe that health and wellness is a personal choice. Our mission is to offer the best of legal cannabis products in an informed, guest centric environment. Catering to every spectrum of our customer base in a thoughtful way. Providing carefully curated products that speak to the consumer looking for quality, price or convenience. Whether you’re a seasoned cannabis consumer or newly curious, our budtenders will be able to help you navigate the many offerings we carry. We hope Shiny Bud will be your convenient go-to destination for your cannabis and accessory needs. Where your satisfaction is our main priority.
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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