Nearly 11.5 million Canadians, or 39 percent of adult-age Canadians have admitted they will be cannabis consumers if Prime Minister Justin Trudeau’s legalization plans for 2018 come to bloom, and as a country, 57 percent of Canadians are supportive of the Prime Minister’s plan for changing the cannabis laws. This is according to a newly released market research survey that asked 5,000 Canadians (with person to person telephone calls) their views, acceptance and expected consumption of cannabis.
These 11.5 million potential Canadian cannabis consumers far exceeds any previous projections and, when translated into the volume of cannabis needed to supply their demand, nearly doubles the expected mid-range amount predicted by the Parliamentary Budget Office in November 2016. At a modest baseline consumption level of only 8 grams/month this translates to over 1,000,000 kilograms per year which bodes well for the Health Canada licensed producers that are ramping up for a massive influx of adult age recreational cannabis consumers with the anticipated legalization in mid 2018.
Read more at The Fresh Toast
Sign up for our daily Newsletter and stay up to date with all the latest news!
Subscribe I am already a subscriber