The CBC reports that in 2019, Canadian cannabis consumption will increase by 35% reaching $7 billion in sales. But not all these sales are legal. Between $500M and $1B of cannabis sales will be illegal. The report is based on findings published by the Deloitte Firm.
With legalization of edible cannabis products, sales are expected to continue to increase. Plans to address the price of legalized cannabis is also expected to combat the illegal cannabis market.
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