3022 St Joseph Blvd, Orléans, ON K1E 1E2, Canada
The Oz store is the very first legal cannabis store in Orleans, Ottawa. The Oz Store allows people to access the highest quality of locally-sourced cannabis based products. We view ourselves as the guides and custodians of a very rich history. Cannabis plants have been grown since at least the 3rd millennium BCE. Evidence suggest that it was consumed at least 2,500 years ago in the Pamir Mountains, a mountain range in Central Asia at the junction of the Himalayas and the Tian Shan and Karakoram ranges. Although subject to legal restrictions for much of the 20th century, Cannabis was legalized in Canada in 2018. We are proud to be the very first legal Cannabis stores to open in Orleans, and look forward to serving you.
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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