Nova Scotia residents smoke a lot of weed, but that’s nothing compared to Canada’s territories -or one B.C. town.
A slate of publicly listed Canadian marijuana companies will likely test the waters in Canada in the coming months, led by the pending listing of of Tweed Marijuana, which raised $30-million through an RTO last week.
Tweed is one of twelve companies that earned a license to grow medical marijuana through Health Canada. It will use the money it has raised to set up shop in Smiths Falls, Ontario.
After marijuana legalization in Colorado brought in millions in taxes in its first month, many other states are looking to get on board. A recent report from research firm ArcView Market Research says the legal market for cannabis in the United States could grow 64% this year to (U.S.)$2.34-billion, and reach $10.2-billion in five years.
If marijuana were broadly legalized in Canada, as many expect will soon happen, who will be lining up? One enterprising Redditor today compiled a nifty chart sourced with data from Health Canada and a study from the University of Calgary. The chart reveals marijuana use by province and territory, and uncovers some stats that might surprise the casual observer. British Columbians smoke the most pot right? That’s a slam dunk. Nope, just 12.1% of residents partake regularly, less than Nova Scotians (12.4%) and far, far less than any of Canada’s Northern Territories.
But only one town can lay serious claim to being Canada’s marijuana capital. That’s Nelson B.C. A website dedicated to enthusiasts says marijuana is “virtually legal” in the cosy interior town.
“There are six places to buy organic matcha tea in the city that’s also widely referred to as Canada’s “pot capital”, said a report from the National Post that detailed the town’s culture.
According to the United Nations, Canadians smoke pot at a whopping four times the world average. That makes Albertans, at just 8.4%, a little more global than the rest of us.
Here’s the chart, courtesy of Redditor “youracat”: