Canadian cannabis market

The Canadian cannabis market emerged after Canada legalized recreational cannabis in October 2018, becoming the first G7 nation to do so. This created a regulated framework for the cultivation, distribution, and sale of cannabis products. The market includes both dried flower and various derivatives like edibles and oils, sold through licensed retailers and online. Since legalization, the industry has grown rapidly, fostering job creation and generating tax revenue. However, challenges remain, such as managing black market competition and addressing public health concerns. Overall, Canada’s approach has influenced global discussions on cannabis legalization and regulation.