Bud­get up­date al­most unCana­dian in bold­ness

Calgary Herald - - NEWS -

Statis­tics Canada says Cana­dian spend­ing on cannabis rose 1.1 per cent to roughly $5.9 bil­lion on an an­nu­al­ized ba­sis in the third quar­ter. Nearly 84 per cent of pur­chases were il­le­gal and for non-med­i­cal use, down from 98 per cent in mid-2014 as cannabis con­sump­tion for med­i­cal use has in­creased. The agency es­ti­mates that of the $4.9 bil­lion in il­le­gal, non-med­i­cal pot pur­chases in the third quar­ter, roughly 1.9 per cent came from home pro­duc­tion. About $836 mil­lion was spent on med­i­cal cannabis dur­ing the pe­riod, in­clud­ing $88 mil­lion of per­sonal pro­duc­tion. House­hold spend­ing on cannabis has in­creased for six con­sec­u­tive quar­ters, av­er­ag­ing a growth rate of 1.5 per cent. The agency says house­hold spend­ing on mar­i­juana has in­creased by 73 per cent since the sec­ond quar­ter of 2001, when the Cana­dian gov­ern­ment le­gal­ized pot for med­i­cal pur­poses.

THE CANA­DIAN PRESS

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