
Regina
Building # 1 – Unit #15 SE 6-18-18-Parcel B Plan #101924726, Edenwold No. 158, SK
S0G 3Z0
3065399969
For as long as we can remember, Saskatchewan has been known for its agricultural roots that run deep beneath the soil and stretch outward for miles toward the wide-open horizon. These roots were planted by the hard working hands of one generation to the next carrying on traditions of those who nurture the land, care for their families and communities, and cultivate a brighter future for the province that is our home. We are a Saskatchewan family and this is how our story was born. Where we come from, opportunity is a seed to be shared, responsibility is a fence built to protect with good will and intention, and trust is a brick house that strengthens the bond of a community. We are now entering a moment in time. Our world is shifting towards something unknown. Something unfamiliar.
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...
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