Canadian cannabis market struggles five years after legalisation

Comments

• scrapeus@feddit.de ⁨1⁩ ⁨year⁩ ago

  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”.

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  • Weslee@lemmy.world ⁨1⁩ ⁨year⁩ ago

    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

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    • bernieecclestoned@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

      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.

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    • BrikoX@lemmy.zip ⁨1⁩ ⁨year⁩ ago

      Here is a different source written before the BBC one globalnews.ca/…/canada-cannabis-industry-overview…

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• eran_morad@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Why tf would ppl buy legal weed when the alternative is better and cheaper?

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  • can@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

    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.

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  • rocky1138@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

    It’s safer. I trust regulation over some random dude breaking the law.

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    • Bonehead@kbin.social ⁨1⁩ ⁨year⁩ ago

      Funny...I trust the guy I've been seeing for over 20 years more than I trust the government.

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