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Welcome to The Cannabis Business Directory


Welcome

to The Cannabis Business Directory, your guide to enjoying - and showcasing - quality cannabis related products and support services.

 

Resolve to increase your business connections this year:

Marijuana is now the world's fastest-growing industry. The legal marijuana industry brought in $10.4 billion last year in the US alone, employing more than 250,000 people, so it's certainly no longer any sort of laughing matter. That figure represents an increase of a whopping 33 percent in one year's time, and, over the next five years, the marijuana industry is expected to continue to grow, with ArcView predicting more states will legalize recreational and medical marijuana.

 

In 2018, alone, investors invested $10 billion into the North American legal marijuana industry. Just $5 billion was invested in the three years prior. Next year, it is projected that investors will funnel more than $16 billion into the industry. That means more growing businesses, needing reliable end-to-end support services.

 

In the US, at least ten states are already considering legalizing recreational marijuana in just the next two years through ballot measures or state legislatures. To date, eleven states -- Alaska, California, Colorado, Maine, Massachusetts, Michigan, Nevada, Oregon, Vermont, and Washington, plus D.C. -- have legalized retail marijuana. Thirty-four states have legalized medical cannabis. Still, marijuana remains illegal at the federal level. The report projects that, by 2021, all of the state-legal marijuana markets combined will make for a potential overall market worth almost $24.5 billion annually.

 

Similarly, the Canadian cannabis market has been steadily growing. The country has seen an average of a 10 percent increase each month in the number of Canadian patients signed up to receive medical cannabis. The sale of dried cannabis has grown steadily at 6 percent a month, and the sale of cannabis oil has been growing by 16 percent a month.

 

In 2017, about 4.9 million Canadians aged 15 to 64 spent an estimated $5.7 billion on cannabis for medical and non-medical purposes. This was equivalent to around $1,200 per cannabis consumer.

 

In 2018, Canadians spent $1.6 billion on legal cannabis in 2018, more than double the amount that was spent on solely medical cannabis in 2017, according to a new report “The State of Legal Marijuana Market”, released by Arcview Market Research and BDS Analytics.

 

Canadian Cannabis Market Forecast:  The federal government legalized recreational cannabis on October 17th, 2018 and sales at cannabis stores in the first three months after legalization totaled $151.5 million according to Statistics Canada.

 

The total cannabis market in Canada, including medical and recreational cannabis products, is expected to generate up to $7.17 billion in total sales in 2019. 

 

The cannabis market is poised to have a major effect overall on Canada’s economy. One study from Deloitte Private pegged the potential economic impact of legalized recreational marijuana in Canada at more than $22 billion.

 

According to the Canadian Imperial Bank of Commerce (CIBC) analysts forecast, by 2020, the cannabis industry will have a retail value of $6.8 billion, larger than the hard liquor market and almost as large as the wine market.

 

This guide is all about creating connections — whether say you are a dispensary, an equipment manufacturer in the industry, or a legal expert looking to provide support services to this growing industry, this directory will help improve your visibility, reach and retention throughout Canada, the US and Europe, while ensuring that prospective customers can easily find your business so that everyone can locate the products, services and partners they need.

 

Available online, on mobile apps, and print

, The Cannabis Business Directory is a dynamic, social-media enabled and searchable directory, designed to provide maximum visibility. We encourage you to use it as a connection to your next customer — and we encourage you to reciprocate by doing business with fellow cannabis companies appearing in this publication.

 

The directory is distributed via our extensive network through print, online, social media and industry events, reaching the increasingly growing cannabis community, with both local and non-local consumers and businesses who turn to The Cannabis Business Directory for information about doing business and use it to reach new retailers and partners. The directory is open and freely accessible to the general public.

 

Please enjoy The Cannabis Business Directory!

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Copyright © 2011-2019 High! Canada Magazine, HighCanada.net and The Cannabis Business Directory. All Rights Reserved

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Products listed in this directory may have intoxicating effects and may be habit forming. Marijuana can impair concentration, coordination, and judgment.
Do not operate a vehicle or machinery under the influence of this drug. There may be health risks associated with consumption of this product.
For use only by adults twenty-one and older. Keep out of the reach of children.

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