The economic impacts of cannabis legalization in Canada

A new report highlights the economic impacts of cannabis legalization in Canada and Ontario. 

The cannabis industry contributed CA$76.5 billion to Canada’s gross domestic product (GDP) and $23.1 billion to Ontario’s GDP between legalization in 2018 and 2024, according to a new report from the Ontario Cannabis Store (OCS) and Deloitte. 

Additionally, the legal cannabis sector sustained approximately 98,200 jobs annually across the country, with about one-third (31,900) located in Ontario.

The report, Six Years of Legalization: The Economic and Social Impact of Canada’s Cannabis Sector, was released on August 13, 2025, and was prepared by OCS in collaboration with Deloitte Canada. It is a follow-up on a similar report in 2021 that looked at the first three years of the legal cannabis industry in Canada and Ontario. 

The report also looks at the economic impact in Mississauga, one of Ontario’s largest cities, which began allowing retail cannabis stores in 2023. Furthermore, it highlights some of the socioeconomic impacts of legalization and the industry.

https://stratcann.com/news/canadas-cannabis-industry-contributes-more-than-76-billion-to-canadas-gdp-generates-nearly-100000-jobs-annually

Blair Anderson (Vote Blair Here)
http://mildgreens.blogspot.com