Industry

 
 

 

The Canadian government is expected to legalize marijuana by July 2018

The changing attitudes and regulations around the use of cannabis in Canada are unveiling new and lucrative markets for investors. An opportunity of this magnitude is unprecedented – some compare it to the post-prohibition era in the United States.  

Health Canada’s original estimates for the medical marijuana sector in Canada projected growth from 40,000 patients in 2014 to 450,000 patients by 2024 with $1.3 billion in annual sales.

The base retail market value for the recreational cannabis sales is projected to be worth $4.9 to $8.7 billion, while the ancillary market – including growers, infused product makers, testing labs and security – could be worth as much as $23 billion, according to Deloitte. 

With a growth potential greater than the combined sales of beer, wine, and spirits, the legal medical and recreational cannabis industries provide a bullish opportunity for investment. 

Harvest One controls operations across the entire cannabis value chain – horticultural, medical and recreational – and one of only a few companies globally with the capacity to commercially cultivate medicinal grade cannabis in a federally regulated environment.

 


The Market


$23 billion

Deloitte’s estimate for how much the CANADIAN Cannabis market could be worth.

 

3 major sectors

predicted to generate profit opportunities: horticulture, medicinal and recreational.

 

5 million

Adult Canadians smoke recreational cannabis at least once a month*

*2015 Forum poll. 

 

900,000

additional Canadians would smoke cannabis if it was legal*

*2015 Forum poll. 

 

450,000

medical marijuana patients are PREDICTED in Canada by 2024. 

 

600,000 kg

cannabis per year. estimateD recreational market. 

 

 
 
 

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