CanadaMarijuanaFlagImageMarkBlinchCanadianPress

This Equation Shows How Canada Will Track Pot’s Portion of GDP

Canada’s bean counters are getting a new assignment: adding marijuana to the country’s official economic growth figures.

Statistics Canada said it will begin making estimates of current illegal production, sale and use of cannabis to provide a clearer picture of the “economic and social consequences of the legalization” expected by mid-2018.

The agency will begin integrating the data into GDP accounts once the numbers go through their normal revisions in November 2019, the Ottawa-based agency said in a report Tuesday.

Read More at Bloomberg.com 



Blunt: Curating the Cannabis Content you Need the Most

SIGN UP FOR FREE POST ALERTS!

We keep your data private and do not share your information with anyone.