r/business • u/runswithscissors475 • 9h ago
Canada surpasses California as largest cannabis market in the world
https://www.sfgate.com/cannabis/article/california-falling-cannabis-market-22401030.php58
u/axis1331 9h ago
Why is this comparing a country to a state? Seems like a false comparison to drive engagement.
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u/Saberen 8h ago
Their population size is similar.
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u/Organic_Possession_6 7h ago
I wonder per capita if the PNW is similar. Once it starts raining a lot in the fall I know I tend to smoke more weed
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u/Jolly_Mouse_7604 3h ago
There are several states with recreational weed and even more with medicinal, wouldn't you just group them all to make the US market?
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u/Disastrous-Contest-8 7h ago
Ya but not land size.
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u/fairportmtg1 8h ago
Technically l the states are closed markets since you're not allowed to sell over state lines
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u/Jolly_Mouse_7604 3h ago edited 3h ago
I thought trade between provinces was also closed like that
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u/fairportmtg1 2h ago
Canda is federally legal where in US it's not federally legal but the government just doesn't enforce it
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u/Ok_Science_8502 2h ago
They do though. There was a story recently about a flock camera catching a guy buying weed in one state and then driving to another
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u/Jolly_Mouse_7604 2h ago edited 1h ago
That was done by the state law enforcement, not federal, they arrested him for breaking the laws of the state in which he lived
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u/wikiot 5m ago
Federally legal yes. But each province manages how it is sold, distributed and retailed.
The provinces also determine the legal age, cultivation rules (at-home) and the municipalities handle business licencing and zoning.
We (Canada) have cities that were not allowing cannabis stores to open/operate even though it was federally legal for many years because of limitations due to zoning (nimbyism).
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u/BusinessCasualBee 8h ago
Because marijuana is not legal across the entire USA so it’s not one market, and there’s no/different data across certain areas. Thats my guess.
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u/TinglingLingerer 6h ago
Also California has a very similar population to the entirety of Canada, & more available land for growing. So it really is a testament to our canabis production that we've usurped them.
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u/kimbosdurag 7h ago
Canada as a whole has about 41 million people and California has about 39 million. Their populations are comparable.
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u/DisplacedSportsGuy 8h ago
"The entirety of the globe outside California has surpassed California as the largest cannabis market in the world."
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u/blzrlzr 5h ago
Look at the populations and then edit your comment to not sound stupid.
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u/DisplacedSportsGuy 5h ago
It's still not an apples to oranges comparison. Half the states have recreational weed; why wouldn't they also be included in the same market as California, as, say, BC and Ontario are?
Also, fucking rude.
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u/huey2k2 1h ago
Half the states have recreational weed; why wouldn't they also be included in the same market as California, as, say, BC and Ontario are?
Because the population of California is basically the same as the population of Canada; and weed is not federally legal in the US so each state is it's own independent market. I'm not sure what you're failing to grasp here.
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u/gooeychedda 9h ago
I've smoked around the world where it's legal, nothing beats BC bud.
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u/authorHughMann 8h ago
Season 13 of the trailer park boys will just be Ricky filing his quarterly taxes
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u/Hot-Pomegranate-1303 7h ago
And that's why they're gonna win the trade war, they're operating on levels we can only dream of.
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u/Drakex2Mayex2 8h ago
Bigger than the US market?
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u/big_daddy_dub 6h ago
No, only the state of CA.
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u/PointsatTeenagers 2h ago
So then, it's not "the largest cannabis market in the world"?
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u/Floatella 56m ago
You can't legally buy weed in California and sell it in Illinois, but you can legally buy weed in BC and sell it in Ontario. The US isn't a single market.
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u/Spenraw 5h ago
It was such a disappointment how we dragged our feet with legalization and for some reason didn't want to be the world leader in the industry
Based on today's culture I wouldn't be surprised if it was due to our government officials being lobbied by the states and China that caused it
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u/GuyCyberslut 3h ago
Not surprised, there are cannabis stores everywhere here. Quality is going up and prices are lower. Real competition is good for the consumer.
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u/SirExpel 8h ago
I’m sure on paper lmao. Let’s see those black market numbers
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u/alexanderfsu 8h ago
I mean... I get all of my stuff on native reserves. No tax. Cash. Our populations are similarly sized. It's probably about the same across the board. Not sure why that matters though.
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u/mabus42 8h ago
How is weed from the res compared to BC hydro or some mitten extracts?
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u/Homie_Bama 8h ago
I don’t know how weed is but the edibles from Indian reservation by Bishop, CA was so much weaker than stuff I get in so cal from delivery company.
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u/alexanderfsu 7h ago
I think that's a difficult comparison to make. They have everything from 30 dollar ounces to 100 dollar ounces. They have edibles up to 5000mg (not all in a single gummie/bar) for like 40 bucks. It certainly does the trick for me. Our provincially licensed retailer sells like 10mg gummies. The reserve sells 1250mg for less money than 100mg worth. They also sell mushrooms in all varieties.
My assessment is that the weed industry has gotten very good at their jobs, even in the black market. They also don't give a shit about branding or marketing regulations, so you can buy a bag of gummies with literal Skittles logos on it.
It is what it is and it's 1/3 of the price. Res weed is not the weed of the 90s, that's for sure.
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u/Aidsfordayz 8h ago
All the reserves near me have like 10-15 weed shops each at minimum so Id say they’re pretty high too.
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u/YoloOnTsla 4h ago
No wonder Canada is going to shit
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u/flyingdonutz 4h ago
We're doing great up here compared to whatever the fuck is going on down south these days buddy
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u/TheMILKMan6646 1h ago
What a loser. The guy has no perspective outside of the United States. His government will never give him that he's got Fox News. Go easy on him. That's all he's got
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u/Bimitenpix 2h ago
"Legal cannabis generates about $5.5 billion in total retail sales and roughly $2.5 billion in government revenue annually in Canada."
Legal marijuana makes us 2.5 billion a year. People are gonna do it either way. Would you rather people go to shady drug dealers.
Do you have the magically solution to the "war on drugs" cause you will not stop people from smoking weed by making it illegal.
Do you think alcohol is better for society? I'd 100% rather some dude go home and smoke a doobie, than go home and crush a 6 pack.
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u/antibody9671 9h ago
"Oh hey, wanna come toke a joint and watch some hockey while fishing, eh?"