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New Frontier Data - CannaBit Your weekly cannabis intel brief
April 15, 2018

Canadian Cannabis Market Projection

  • The total legal cannabis market forecast for Canada is to reach CAD$1.7 billion (USD$1.4B) in 2018, growing to CAD$7.7 billion (USD$6.1B) by 2025.
  • The overall cannabis market (illicit + legal) forecast is for CAD$8.6 billion in 2018 (USD$6.4B), growing to CAD$9.2 billion (USD$7.3B) by 2025.
  • While the forthcoming rollout of Canada’s adult-use market is grabbing most of the headlines now, the medical market looks to remain formidable, from CAD$1.2 billion (USD$1.0B) in 2018, growing to CAD$2.3 billion (USD$1.8) by 2025.
Canada is fast becoming the world’s leading cannabis market. It has a national legalized medical cannabis program, flourishing medical cannabis importing and exporting programs, and a fully federally legal, adult-use program tentatively set to launch on July 1, 2018. Given all of that activity, the market’s rapid expansion has drawn intense interest from both investors and operators. The escalating activity in Canada raises key questions addressed in this report:
  • Is Canada the market of choice for investment?
  • Total Canadian Domestic Market Demand?
  • Is the Medical Market Still Viable?
  • Canada’s Role as a Global Exporter?
  • Shift in Consumer Product Preferences?
And much, much more….
Be First To Get It Here!
J J McCoy

New Green Rush in the Great White North

By J. J. McCoy,
Senior Managing Editor, New Frontier Data
A year ago this month, Canadian Prime Minister Justin Trudeau struck a watershed moment for cannabis reform worldwide in announcing a comprehensive plan for a nationwide, adult-use market. Though his initial goal of a rollout by July 1 of this year is yet to manifest itself (the Canadian Senate is slated to debate regulatory details up until June 7, with some implementation delays certain to push opening to as late as Q1/19), there has been no lack of momentum in the markets...
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Copyright © 2018 Frontier Financial Group, Inc., dba New Frontier Data, All rights reserved.

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