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5 Years After Legalization, Canada Hits CA$5 Billion in Recreational Marijuana Sales (And That is Just the Legal Side)

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Canadian Cannabis Sales Hit CA$5 Billion in Just 5 Years Post Legalization

 

If you remember, the first piece of legal rercreational cannabis sold in Canada took place at 12:01:01AM on October 17th, 2018 in Newfoundland, Canada and then CEO of Canopy Growth, Bruce Linton, sold the first order at the Tweed store in Newfoundland. Cannabis.net was there to record the historic first recreational sale as it went down live!

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Fast forward almost 5 years, and Canada is selling a whooping $5 billion CA a year, and that is just on the legal and reportable side!

According to retail sales figures revealed by the government on Thursday, recreational cannabis sales in Canada reached a value of 5.07 billion Canadian dollars ($3.8 billion) in 2023, indicating a 12.2% growth from the previous year.

 

This year-over-year growth pattern shows that the Canadian cannabis industry is maturing more than five years after adult-use cannabis was legalized in October 2018, which is reflected in the sector’s slower pace of growth.

 

Customers initially had better access to a greater variety of goods from unlicensed vendors, but these advantages have steadily diminished as Canada has added additional product categories and enhanced accessibility to authorized dispensaries.

 

As Poulos pointed out in an interview, there is still one area in which the black market has an advantage despite these developments, namely with regard to edibles’ strength.

 

Canada limits the amount of THC in cannabis edibles to 10 mg per packet in order to protect public health.

 

Rise of Pre-rolls and Stabilization of Prices

 

Pre-rolled joints are becoming increasingly popular in Canada, according to data analyst Mitchell Laferla of Headset, a cannabis business analytics company located in Seattle. This trend is highlighted by the changing cannabis market landscape of customer preferences into 2023.

 

Laferla’s analysis reveals a significant surge in pre-roll sales, capturing 31.4% of total sales in 2023, representing a notable 19% increase from the previous year. This surge brings pre-rolls nearly on par with flower sales, which stood at 35.2% of the market share, indicating a shifting trend in consumer consumption habits.

 

An intriguing development within the pre-roll category is the introduction of the “connoisseur/infused” segment, featuring joints fortified with cannabis concentrates. This segment has notably contributed to the remarkable growth observed in Canada’s cannabis markets, appealing to a diverse range of consumers seeking enhanced experiences.

 

Although the cost of cannabis products decreased overall in 2023 in a number of product categories, the price compression rate stabilised compared to the year before. Pre-roll costs, in particular, were remarkably stable throughout the course of the year, supported by strong demand in the category, indicating that customers continued to be interested in this specific product type.

 

Insights into Monthly Sales

 

Statistics Canada has released retail sales data for December, which sheds light on the dynamics of monthly cannabis sales in the country and provides useful insights into consumption trends and market volatility.

 

Legal adult-use cannabis sales increased 3.6% year on year in December to CA$441.2 million. This increase suggests that customers continue to seek legal cannabis goods, which contributes to the industry’s overall development trajectory.

 

Furthermore, December experienced a significant month-over-month gain of 8.2% compared to November 2023, reversing the falling trend that began in August, when sales peaked at CA$467 million. This increase in sales reflects a revived customer interest or seasonal variables impacting purchase patterns.

 

Regional differences are noticeable, even if the general sales trend seems to be improving. The most populated province in Canada, Ontario, topped the month-over-month growth with a significant 19.3% increase, indicating strong demand. However reductions of 5.2% and 12.6%, respectively, were recorded in British Columbia and Quebec, indicating differences in consumer choices and market dynamics between the two provinces.

 

The cannabis sector needs reliable statistics to assess market performance and make well-informed choices. This is demonstrated by the updated November sales figures, which were downwardly adjusted from the previously reported CA$ 412.1 million to CA$ 407.9 million.

 

Ongoing Challenges in the Industry

 

Sales have increased year over year, but there are still major obstacles standing in the way of the Canadian cannabis industry’s expansion and stability.

 

The burden of high excise taxes, which provide a significant challenge to licensed producers and retailers and have an influence on their competitiveness and profitability in the market, is one of the main concerns expressed by industry insiders.

 

Furthermore, the ongoing existence of the black market continues to be a major barrier, undermining legitimate companies and impeding attempts to completely shift customers to legal channels.

 

The parliamentary study of legalization, which is scheduled for release in the spring, is another item that is a source of great expectation. The conclusion of this assessment and its consequences for stakeholders remain unpredictable, even if it may lead to regulatory measures that may benefit the sector.

 

Notwithstanding these difficulties, there is continuous consolidation in the market, with several companies going through acquisitions or closing. The market’s competitive dynamics are further shaped by the fact that government-owned cannabis businesses frequently outperform their commercial competitors.

 

Anticipated Growth Strategies

 

As the Canadian cannabis business advances, players are proactively preparing to overcome obstacles and capitalize on the potential for future growth. Forecasts predict that cannabis sales might increase by roughly 10% in the next year, driven by a variety of reasons like as the continuous migration of customers toward legal channels and the growth of approved cannabis retail stores in previously underserved areas.

 

Companies in the sector are concentrating on improving customer experiences and broadening their product offerings in order to maintain this development trajectory. Businesses want to stay competitive in the ever-changing cannabis industry by reaching out to new market groups and offering goods that are creative and responsive to changing customer tastes.

 

Long-term success will depend not just on diversifying the product line but also on removing regulatory obstacles and creating an atmosphere that encourages creativity. The Canadian cannabis market will expand sustainably if proactive steps are taken to encourage research and development efforts and streamline laws. These actions will also create an innovative culture within the business, adding to its resilience.

 

Bottom Line

 

The Canadian cannabis industry’s robust growth in 2023 underscores its resilience and potential for further expansion. Despite facing challenges such as high taxes and competition from the illicit market, the industry continues to adapt, innovate, and thrive. With forecasts predicting continued growth and stakeholders actively pursuing strategies to overcome obstacles and capitalize on opportunities, the future of the Canadian cannabis market looks promising. As regulatory frameworks evolve and consumer preferences shift, proactive measures aimed at addressing industry challenges and fostering innovation will be essential for driving sustainable growth and solidifying Canada’s position as a global leader in the cannabis sector.

 

CANADA MAKES HISTORY WITH THE FIRST LEGAL CANNABIS SOLD, READ ON…

FIRST CANNABIS SALE IN CANADIAN HISTORY

SEE THE FIRST LEGAL SALE OF CANNABIS EVER IN CANANDA!



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Is Your Kid Smoking or Vaping Weed?

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Marijuana for recreational and medicinal purposes is becoming more widely available and simpler to purchase every day. Furthermore, opinions about the drug’s possible risks have changed as a result of recent legislative modifications, especially among young teenagers.

 

While proper use of marijuana can offer health benefits for specific conditions, inappropriate use can lead to a variety of problems. It can severely impact health, situational judgment, memory, coordination, and more.

 

Given that marijuana has rapidly become a much more commonly used drug among young people, it is crucial to recognize the main signs of marijuana use in teens to ensure their safety and well-being.

 

Statistics on Child Marijuana Use

 

Though the stats may surprise you, marijuana is the most often used narcotic among teenagers. Among children between the ages of 12 and 17, the National Center for Drug Abuse reports that:

 

– Nearly 44% have tried marijuana in their lifetime, up from 37% in 2019.

– 35% used marijuana in the past year.

– Almost 7% of 12th graders use marijuana daily.

 

Regretfully, eighth, ninth, and tenth kids are exposed to an alarmingly high level of marijuana. Early usage is problematic since those who start using earlier have a greater likelihood of heavier use later in life.

 

How THC Impacts the Brain

 

The active element in cannabis is tetrahydrocannabinol (THC), which produces the “high” associated with marijuana. THC can be ingested by smoking cannabis flowers, vaping concentrated forms, or eating THC-infused foods. THC impacts the brain by interfering with processes that are typically controlled by naturally existing endocannabinoids.

 

The brain grows from birth to the mid-twenties, and consuming marijuana at a young age can interrupt this important development. Early marijuana usage appears to influence brain development, according to recent research.

 

The effects of cannabis on the brain are extensive:

 

– Executive Functioning: Skills necessary for daily life, such as focus, memory, problem-solving, planning, reasoning, and emotional control, are compromised.

– Working Memory: The ability to remember and later recall or use information is reduced.

– Lingering Effects: The impact of cannabis use can last well beyond the period of intoxication. Even if someone smokes on a weekend, the effects can persist into the following week. Regular use leads to a persistent decline in executive functioning, working memory, and other cognitive areas.

 

Cannabis use interferes with the brain’s circuits, and it remains uncertain whether the brain can fully recover if marijuana use is discontinued.

 

Signs Your Child is Using Cannabis

 

Recognizing if your child is using marijuana can involve noticing various signs, including:

 

– Hair or clothes with a pungent marijuana smell

– Red or bloodshot eyes

– Delayed reaction times

– Mood swings

– Laziness and tiredness

– Presence of marijuana-related paraphernalia

– Paranoia or anxiousness

– Increased hunger or “munchies”

 

Visible Signs of Marijuana Use

 

Shortly after usage, marijuana’s effects can be perceived both visually and aromatically. It is very suggestive of marijuana usage if your adolescent returns home with red or bloodshot eyes. Physical and mental delays in response times and problems with muscular coordination are further symptoms.

 

Cannabis has a unique fragrance that is another warning clue; it is frequently characterized as having a pungent, musky smell like that of a skunk. On your teen’s clothes, this odor might cling rather readily.

 

Changes in Emotional State

 

The body and mind might react differently to different strains or varieties of marijuana. Teenage marijuana usage is frequently indicated by mood swings, lethargy, and general exhaustion in their day-to-day demeanor. Depending on how their body responds, they might also seem nervous and exhibit an elevated heart rate.

 

Your youngster may struggle to focus at job, school, or home as a result of these changes, which frequently results in subpar performance and grades. This decrease might be a clear indication that marijuana use has turned into an addiction.

 

Educating Your Child about Marijuana

 

Regardless of whether you suspect your child is using cannabis, it’s important to discuss it. Parents and caregivers should talk about all types of dangerous substances, including nicotine, alcohol, and cannabis, with children as early as elementary school.

 

It’s important to be proactive and talk to your youngster about the risks associated with marijuana. These talks may serve to deter marijuana usage or at the very least postpone the initial experience until the mid-20s, when the brain is more completely matured.

 

As teenagers become older, their need for independence grows, which makes it harder for parents to control their actions. Still, parents need to persevere. It is significantly more dangerous to consume cannabis than it is uncomfortable to have a difficult talk.

 

Addressing Marijuana Use and Seeking Help

 

For teenagers’ wellbeing, it is essential to identify and treat marijuana usage. It’s crucial to handle the matter with compassion and support if you think your child may be consuming marijuana. Discussing its usage, the rationale behind it, and any possible hazards should come first in an honest and nonjudgmental discussion. Give your child access to a secure environment where they may talk about their thoughts and experiences. You can gain insight into their viewpoint and advice on how to make better decisions by having this discussion.

 

If using marijuana has become troublesome, you might think about getting professional assistance. Resources like therapists, counselors, and specialty treatment programs can provide your kid with the help they need. These specialists are qualified to deal with underlying problems including stress, peer pressure, or mental health disorders that may be causing drug use. Early intervention can stop the usage from getting worse and support your kid in creating healthy coping mechanisms. Getting a medical expert involved can also offer a methodical way to handle the matter and guarantee that your adolescent gets the treatment they need.

 

It is critical to be involved and supportive throughout the process. Encourage your kid to participate in activities that support their well-being and offer positive reinforcement for good habits. Stay educated about the services available in your area, and consider joining support groups for parents struggling with similar challenges. You can assist your child in navigating this difficult period and promote a healthy, drug-free future by keeping open communication and obtaining expert support as required.

 

Bottom Line

 

Parents need to be vigilant about the signs of marijuana use in their children, given its prevalence among teenagers and its potential impact on their health and development. Early detection, open communication, and seeking professional help if needed are key strategies for addressing marijuana use in adolescents. By providing support, education, and access to resources, parents can help guide their children towards healthier choices and a drug-free future.

 

HOW TO HAVE “THE TALK” WITH YOUR KIDS, READ ON..

TALKING TO YOUR KID ABOUT MARIJUANA TALK

TALKING TO YOUR KIDS ABOUT WEED, AGE APPRORIATE TIPS!



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How Did Hidden Leaf Cannabis Become the Leader of the Ontario Marijuana Market?

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Cannabis.net sat down with Ontario’s hottest cannabis store to find out some of their “secret sauce” that made them the best dispensary in Ontario, Canada.

Q: How did you come up with the name Hidden Leaf for Ontario’s premier cannabis dispensaries?

A: Growing up, I was always a big fan of the anime show Naruto, where the main character grew up in a village called “Hidden Leaf Village.” Naruto’s backstory really resonated with me, inspiring me to name the company Hidden Leaf. As Ontario’s premier Burlington and Scarborough Dispensary, we strive to embody the spirit of community and resilience found in Naruto’s tale.

Q: What makes Hidden Leaf the best dispensary in Scarborough or Burlington?

A: At Hidden Leaf, customer service sets us apart. Unlike many other dispensaries that curate their menu based on profitability, our customers drive our selection. We actively encourage our patrons from both our cannabis store Scarborough and cannabis store Burlington to send in their product recommendations, which we try our best to stock. Plus, we offer the most competitive pricing, making cannabis affordable for everyone. Our commitment to these principles makes us stand out in the Scarborough dispensary and Burlington dispensary markets.

Q: How did you first get into the Canadian cannabis market? What made you take the leap of faith?

A: From a young age, I’ve always wanted to own a business and had a passion for the cannabis industry, learning to grow plants and understanding the different types of concentrates. Taking the risk to enter the business felt right as it was a great way to expand my knowledge and participate actively in the burgeoning cannabis market in cities like Scarborough and Burlington.

Q: Canada was the first G7 country to legalize weed, what advice would you look back and give your past self? What do you wish you knew then that you know now?

A: Looking back, I wish I had learned more about the cannabis business earlier and entered the industry as soon as it was legalized. Now, understanding the different avenues to enter the cannabis industry, I would definitely consider owning my own grow facility among other ventures. This knowledge would have been invaluable from the start, especially in dynamic markets like those of our Cannabis Store Burlington and other locations.

Q: What are Hidden Leaf’s best strains, or what do customers come back for over and over?

A: Hidden Leaf carries a wide variety of brands and strains to cater to every customer’s needs. From budget-friendly options for those looking to save a few bucks to premium quality strains for the real cannabis connoisseurs, our selection is vast. Customers frequently return for our consistent quality and the breadth of our offerings, including popular cannabis flowers at both our Scarborough and Burlington locations.

Q: What has been the biggest challenges in setting up a cannabis business in Canada?

A: The biggest challenge has been finding the right location. Despite legalization, there’s still a stigma around cannabis with many landlords, making it hard to lease properties for cannabis businesses. Additionally, the market is quite saturated with many retailers opening up, so it’s crucial to choose strategic locations for our dispensaries to avoid excessive competition, particularly in areas served by our Scarborough dispensary and cannabis store Burlington.

Q: What do you think about the future of cannabis beverages?

A: The future of cannabis beverages and edibles is very promising. Many people who are new to cannabis are not fans of smoking, so THC beverages and edibles offer a fantastic alternative. These products are expected to attract a new wave of consumers looking to explore cannabis in a more familiar and accessible form.

Q: What is the best way for people to find out more about us or visit us? Website? Social media?

A: The best way for customers to find out more about Hidden Leaf is through our website. It’s the go-to place to find the closest location, whether that’s our Scarborough dispensary or cannabis store Burlington, and to explore our menu and pricing. Our website is a comprehensive resource for anyone interested in our products and services.

Q: If someone is trying to decide which dispensary to go to in Ontario, why should they go to Hidden Leaf?

A: At Hidden Leaf, it’s all about customer service and pricing. We don’t believe in upselling; instead, our goal is to find the best product within your budget. Our customers help shape our menus with their recommendations, which we order in every week. With very competitive pricing, we believe cannabis should be affordable for everyone, making our Burlington and Scarborough Dispensary the go-to choice for quality cannabis products and genuine customer care.



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Are You Bored So You Smoke Weed or Do You Smoke Marijuana and Get Bored?

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Cannabis and Boredom

 

Boredom is a universal human experience characterized by a lack of interest, motivation, or engagement in one’s current activities. It is a state of mind that can leave individuals feeling restless, apathetic, and dissatisfied.

But why do people get bored?

Research suggests that boredom serves a vital function within the life of the individual, acting as a signal that one’s current situation is unfulfilling and that change is needed.

Boredom can be a catalyst for personal growth and development. When faced with monotony, the mind yearns for stimulation and seeks out new experiences.

This innate drive pushes individuals to explore new hobbies, learn new skills, and challenge themselves in ways that promote self-improvement. In this sense, boredom can be seen as a motivational force that encourages people to break free from stagnation and pursue meaningful goals.

However, in today’s fast-paced, instant-gratification society, many individuals struggle with the discomfort of boredom and seek quick fixes to alleviate its symptoms.

A recent Reddit post posed the question, “Do you use cannabis to escape boredom, or does cannabis make you content with being bored?” This query highlights a common trend among cannabis users who turn to the substance as a means of coping with idle moments.

In this article, we will explore the concept of “escaping boredom” through cannabis use and examine the potential pitfalls of relying on the substance as a sole means of entertainment.

We will also delve into the function of boredom within the life of the individual and discuss how cannabis, when used mindfully, can be a tool for enhancing focus and productivity rather than a mere distraction from tedium.

 

Boredom, often perceived as a negative emotional state, has been the subject of numerous studies that highlight its potential benefits for personal growth. A study conducted by Mann and Cadman (2014) found that engaging in boring tasks can stimulate creativity and problem-solving abilities. The researchers suggest that when the mind is not occupied with external stimuli, it tends to wander and generate novel ideas.

Similarly, Gasper and Middlewood (2014) discovered that boredom can lead to increased motivation and goal-directed behavior, as individuals seek to alleviate the unpleasant state by pursuing meaningful activities.

However, boredom can become toxic when it is chronic or excessive. Prolonged periods of boredom have been linked to negative outcomes such as depression, anxiety, and substance abuse (Eastwood et al., 2012).

When individuals lack the skills or resources to cope with boredom in a constructive manner, they may turn to maladaptive behaviors as a means of escape. This can create a vicious cycle where the temporary relief provided by these behaviors reinforces their continued use, leading to further disengagement from life’s challenges and opportunities.

So, what’s the secret to never being bored? The answer lies in cultivating a curious and engaged mindset. Individuals who approach life with a sense of wonder and a desire to learn are less likely to experience boredom, as they find joy and meaning in even the most mundane tasks.

By setting goals, pursuing hobbies, and seeking out new experiences, one can maintain a sense of purpose and fulfillment that keeps boredom at bay.

As a regular cannabis smoker myself, I can attest to the fact that it is possible to lead a stimulating and engaging life while still enjoying the benefits of the plant. In the next segment, I will share my personal secret for using cannabis as a tool for enhancing focus and creativity rather than as a means of escaping boredom.

By mindfully integrating cannabis into a balanced and purposeful lifestyle, individuals can harness its potential for personal growth and avoid falling into the trap of chronic boredom.

As a seasoned cannabis enthusiast, I’ve come to understand that the key to overcoming boredom lies not in escaping it, but in embracing it.

The first step is to recognize that the anxiety associated with boredom is not inherently negative. Instead, it is an opportunity for self-reflection and growth. By becoming comfortable with boredom, you open yourself up to new possibilities and experiences.

One of the most common mistakes that stoners make is relying solely on cannabis for entertainment. While cannabis can certainly enhance many activities, it is essential to find something to pursue that isn’t related to smoking.

This requires honest introspection and a willingness to explore your interests and passions. Take the time to reflect on what truly excites and motivates you, and don’t be afraid to step outside your comfort zone.

When pursuing new activities, it’s crucial to focus on the process rather than the outcome. In our fast-paced, instant-gratification society, we often fixate on the end result and lose sight of the joy found in the journey itself.

By falling in love with the process of doing, you can find fulfillment and satisfaction in the present moment, regardless of the ultimate outcome. The goal should serve as a guiding light, but the real magic happens in the day-to-day efforts you put forth.

Once you discover an activity that genuinely captivates you, cannabis can become a tool for enhancing the experience rather than a means of escaping boredom. When you’re engaged in something you love, smoking cannabis can heighten your focus, creativity, and enjoyment without hindering your productivity.

If you find yourself frequently bored and turning to cannabis as a crutch, take a step back and ask yourself, “What would I really like to be doing right now?” Allow your mind to explore various possibilities and jot down any ideas that come to mind.

From this list, identify an activity that isn’t passive or cannabis-related, and make a conscious effort to dedicate your “bored” moments to pursuing this interest.

As you begin to focus on this newfound passion, you’ll notice that cannabis no longer serves as an escape from boredom but rather as a complement to your engaging pursuits. You’ll find yourself sparking a joint and diving into your work with renewed enthusiasm and focus.

Remember, the key to beating boredom as a stoner lies in embracing it as an opportunity for self-discovery and personal growth. By finding something you truly love and immersing yourself in the process, you can transform those once-dreaded moments of boredom into a catalyst for a more fulfilling and satisfying life.

As we conclude this exploration of cannabis and boredom, it’s essential to acknowledge that the temptation to use cannabis as an escape from boredom is understandable, particularly for young people who are still discovering their identity and purpose in life.

In a world that moves at breakneck speed, it’s easy to fall into the trap of seeking instant gratification and quick fixes for even the most mundane tasks.

However, it’s crucial to recognize that the fast-paced nature of our society has transformed our minds into dopamine-addicted entities, constantly craving the next hit of excitement or stimulation. This mindset can lead to a vicious cycle of unfulfillment and dissatisfaction, as we become increasingly reliant on external sources of pleasure to combat boredom.

The key to breaking free from this cycle lies in embracing difficulty and challenging ourselves to grow. By engaging in activities that push us beyond our comfort zones and require us to learn new skills, we can cultivate a sense of achievement and fulfillment that goes beyond fleeting moments of pleasure.

This process of overcoming obstacles and mastering new abilities reinforces our motivation to continue pursuing personal growth and development.

Ultimately, boredom is a weapon that can be wielded for good or ill, depending on how we choose to frame it. Rather than allowing boredom to dominate our lives or turning to cannabis as a means of escape, we must learn to harness its power and mold it into a tool for positive change. By embracing boredom as an opportunity for self-reflection, exploration, and growth, we can transform those moments of restlessness into catalysts for personal transformation.

So, to all the cannabis enthusiasts out there, I encourage you to view boredom not as an enemy to be vanquished but as an ally in your quest for a more fulfilling and purposeful life. Don’t let cannabis become a crutch that holds you back from reaching your full potential. Instead, use it as a tool to enhance your experiences and complement your passions.

Armed with this newfound perspective, go forth into the world with confidence and determination. Embrace the challenges that come your way, and use them as stepping stones to greatness.

 Let boredom be your guide, leading you towards a life filled with meaning, purpose, and endless possibilities. And when you do choose to indulge in cannabis, do so not as an escape from reality but as a celebration of the incredible journey you’re on.

In the end, the sticky bottom line is this: Life is too short to be bored. So light up that joint, kick some ass, and take some names along the way. The world is yours for the taking, and with the right mindset, there’s nothing you can’t achieve.

 

STONED AND BORED, READ ON…

WOULD YOU RATHER STONED GAME

WOULD YOU RATHER… THE GAME TO PLAY WHEN YOU ARE STONED AND BORED!



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