Canadians are expected to increase their consumption of cannabis by up to 35 percent and spend as much as $7 billion on cannabis by 2019, according to predictions by accounting firm Deloitte.

The firm’s report takes an in-depth look at the future Canadian cannabis market, surveying 1,500 different adults living in the country between March 6 and March 20. These are just some of the report’s other conclusions:

  • Canadians who already consume cannabis are expected to buy about two-thirds of their products from legal retailers.
  • Consumers in the upcoming market will be most likely younger (aged 18-34) and “more likely to put their health or safety at risk.”
  • Consumers will make purchases more often and will be willing to spend more when doing so.
  • Shoppers in the cannabis industry will prefer visiting brick-and-mortar store locations over placing orders online.
  • Alcohol revenues are expected to take a hit after cannabis legalization, even with many provincial liquor boards playing big roles in the legal market’s rollout.

Canada‘s leaders have talked for more than a year about how to implement this marketplace, but the Senate is expected to finally vote on the Cannabis Act on Thursday, June 7. Assuming all goes well, it could then be several more months before stores actually open.

“It could be the last week of August — it could be the beginning or mid-September. From where I sit, and I’m the sponsor of the bill, if it takes until the first week of October to get it all right, then we should take until the first week of October.” — Ontario independent Senator Tony Dean, sponsor of Bill C-45, to the Toronto Sun

 

Do you own a cannabis industry business? Create a listing in our directory and get discovered by new clients - Click Here
.

Tags: , , | Categories: International Cannabis News Recreational Cannabis News

Learn about cannabis businesses:

View the directory | Get featured here

  • CO2Meter

    CO2Meter, Inc. is a Florida based business specializing in the design and manufacturing of gas detection and monitoring devices – mainly Carbon Dioxide. Our CO2 monitors satisfy the current fire code regulations necessary for all cannabis grow house and extraction facilities. Our business partners in agriculture, HVAC, science, safety, research, pharmaceuticals, beverage, and other fields find our devices to be highly accurate and cost effective.

  • Releaf App

    The Dispensary Partnership Program uses data collected from patients, via Releaf App, to provide business analytics to dispensaries (USA) and licensed producers (Canada). This data service is creating a new class of dispensaries that are driven outcomes and patient results. The dispensary partnership program shows symptom-specific patient ratings & analytics for the specific cannabis batches and products in a dispensary’s inventory. Dispensaries use this information to give more informed recommendations at the counter.

  • Nutraceutical Facility Solutions, LLC

    Nutra FS is a full-service cannabis facility planning and construction management firm. We create successful plans for various permit applications, including administrative, conditional use, building, health, and fire. Our diverse team will help carry you through to your project realization with services offered for cGMP, feasibility, design/build, workflow efficiency, technical writing for local and state applications. You have a vision. We have a solution.

  • Cannabis Tax Solutions

    We are Cannabis Industry Financial Experts helping CEO's transform their business by saving tons on taxes, increasing cash flow, enhancing margins, and improving processes. We go beyond Section 280e issues; your problems are our solutions.

  • My Cannabis Accountant

    We are a Boutique Accounting firm focused on the cannabis industry. Our management team has over 100 years of combined experience in public accounting. Running a legal cannabis-based business can be complicated. Let us make sure your business is compliant with all federal, state and local financial regulations so that you can focus on your business.

  • Denali Accountants

    We offer a complete bookkeeping and accountancy service to self-employed individuals and small businesses. We have been providing these services for 30 years and have built up a strong client base of small businesses. We understand your needs and deliver a personal service catering to the specific needs of your business. We are diamond QuickBooks Pro advisors!

  • Headset

    Headset is the first real-time business intelligence and analytics service for the cannabis industry. We are a data-driven cannabis tech company and we’re passionate about helping the industry succeed. Our services cover an array of specialized needs that businesses in the industry have, be they growers, extractors, processors, or retailers.

  • New Approach Bookkeeping LLC

    New Approach Bookkeeping provides cannabis companies with their day-to-day, monthly, quarterly, and yearly financials. Our services include full cycle bookkeeping, HR business consulting, cash management, and payroll services for the cannabis industry. We have over 3 years experience and understand the 280e publication and how it affects all entities of the cannabis industry.

  • Fast Capital Financing

    FCF understands the importance of financial stability to ensure the success of your business. That's why we offer loan options delivered by our expert business advisers so you can worry less about working capital, and more about what really matters - running your business! We work with all credit scores and offer an easy online application. You can receive a decision in as little as 24 hours! Contact us now to speak with one of our business advisers.

  • 4blooms

    4blooms is San Diego’s first marijuana-specific marketing agency. The agency works with businesses involved in all aspects of the cannabis industry across the U.S., from growers to dispensaries to smoke shops. The team’s deep experience in web development, design and marketing makes 4blooms able to handle all aspects of business operations.

  • Wise Public Relations, Inc.

    We help our clients win by outsmarting and outmaneuvering the competition rather than outspending them. That’s our specialty. Through a strategic mix of marketing disciplines, all working together to create real momentum that give our clients a critical competitive advantage in the marketplace. MedMen, Cloudponics, Style & Stigma. We take great pride in the work we do and accountability for the opinions we shape. We have fun doing it. And we hope it shows.

  • Craft Cannabis Marketing

    We offer two decades of experience providing advertising, branding, and web design solutions to the most recognizable brands from around the globe. Simply put, we decided to take the expertise we gleaned working with big-name companies you know and love and bring it to the emerging cannabis industry. We’re more than a mere agency – we’re cannabis advocates.

Want a job in the cannabis industry?

Sign up to apply for unlimited jobs and get discovered by companies who are hiring

Post Your Resume View all jobs

Best vacancies

CEO
June 18, 2018

Subscribe for daily cannabis news, announcements, and business insights.

TREN A 100

medicaments-24.com

Был найден мной полезный веб сайт на тематику бисквитные палочки www.tokyozakka.com.ua/