Nearly 1 in 6 Canadians Have Used Marijuana Since Recreational Pot Was Legalized
“… as you might expect, pot use over the past three months was considerably higher among younger people than older folks. Overall, 27.4% of Canadians aged 15 to 24 and 23.2% of those aged 25 to 34 used cannabis over the past three months. Meanwhile, just 5.2% of seniors aged 65 and up and 10.4% of Canadians aged 55 to 64 used weed recently. Even though the older generation has more disposable income, it’s these younger adults that are the future of the legal weed industry.
Cannabis consumption rates are likely to rise — here’s why
Although there were no major surprises here, there are some relatively interesting takeaways to be made.
I believe this data also demonstrates the scope of opportunity awaiting Shopify and its e-commerce platform. A number of large growers and provinces, including Ontario, have chosen to utilize Shopify’s sales platform for online and brick-and-mortar sales. Aside from simply being the sales platform of choice, Shopify offers marijuana companies purchasing data on consumers for pretty much the first time ever.
Ultimately, the legal weed industry is still in its infancy in Canada. That means we’re liable to see this data shift as Health Canada adjusts the boundaries of what’s legal and growers and retailers come to better understand their customers.
For complete story go to ‘No, usage will NOT go up if you legalize it!”