Canadian cannabis market struggles five years after legalisation

https://www.bbc.co.uk/news/world-us-canada-67126243

Archived version: https://archive.ph/wOSiO
Archived version: https://web.archive.org/web/20231017043857/https://www.bbc.com/news/world-us-canada-67126243

23 points · 5 comments · view on lemmy.world

5 Comments

scrapeus@feddit.de · 18 pts · 2y (4 replies)

2022, Deloitte Canada estimated that cannabis added C$43.5bn ($31.91bn; £26.23bn) to the country's gross domestic product since legalisation.

So the problemis not a too small market but billion dollar companys trying to force eachother out of the market. I would not call those number "struggling".

Weslee@lemmy.world · 9 pts · 2y (3 replies)

It's the BBC, doing the bidding of their Tory overlords to try convince UK voters that legalising is bad.

I don't get why people take BBC news seriously anymore, they should just stick to nature documentaries

bernieecclestoned@sh.itjust.works · 3 pts · 2y

Lol, the BBC is not govt funded or controlled by them.

The black market has better weed, with no regulations

Part of the problem, experts and industry leaders say, is overregulation of the drug as the country attempts to toe a careful line between public health and building a robust cannabis industry.

There are too many companies with shit business models

Others say it's simply a matter of too many players and too much production that far exceeds demand.

And no export market

And because Canada is one of the only countries in the world that federally allow the manufacturing and consumption of recreational cannabis, the options for domestic producers to make money outside Canada's borders remain very limited.

The UK is also the largest exporter of legal cannabis globally

https://releaf.co.uk/research/statistic-series-is-uk-medical-cannabis-a-cash-crop

BrikoX@lemmy.zip · 1 pts · 2y

Here is a different source written before the BBC one https://globalnews.ca/news/10022433/canada-cannabis-industry-overview/

umbrella@lemmy.ml · 0 pts · 2y

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eran_morad@lemmy.world · 2 pts · 2y (3 replies)

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rocky1138@sh.itjust.works · 1 pts · 2y (1 reply)

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Bonehead@kbin.social · 1 pts · 2y

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can@sh.itjust.works · 1 pts · 2y

Consistency and accessibility? Sure I can order online or drive an hour to a native reserve, but sometimes I just want to pick up a little bit on my way home from work.