Illegal exports of Canadian cannabis products top CA$1 billion in 2017

Over 1 billion Canadian dollars ($780 million) of cannabis products have been shipped from Canada final yr by means of unregulated channels, based on a preliminary estimate from the federal government’s statistics company.

The determine consists of shipments accredited by the regulatory physique overseeing medical cannabis in Canada, “but they represent less than 1% of the total,” Conrad Barber-Dueck, chief of Statistics Canada’s National Economic Accounts Division, advised Marijuana Business Daily.

“The vast majority are illegal shipments,” he stated, including that the majority are “probably” going to the U.S.

Almost 60% of the shipments are estimated to have originated in British Columbia.

The new estimates are half of the company’s efforts to measure the manufacturing, sale and use of marijuana in an try to provide companies and governments a snapshot of the product’s financial influence earlier than legalization later this yr.

Statistics Canada estimated that four.9 million Canadians spent CA$5.6 billion on cannabis for medical and nonmedical functions in 2017, a slight revision from January’s estimate of CA$5.7 billion.

Nova Scotia leads in consumption per capita estimates with 27.1 grams per individual per yr, adopted by British Columbia (24.6 grams) and Alberta (24.1 grams).

Statistics Canada compiled the info from a number of surveys, which it warned lack “certain details” and are “infrequently collected.”

Medical marijuana exports sanctioned by Heath Canada are hovering, however stay a fraction of black market shipments.

Legal exports of cannabis oil rose 300% in 2017 over the earlier yr to 400.four kilograms. Just over 522 kilograms of dried cannabis was exported to 4 nations legally final yr, greater than 10 occasions the 44 kilograms shipped overseas in 2016.

Matt Lamers may be reached at [email protected]

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