Cannabis’ Contribution To Canada’s GDP Continues To Increase

The gross domestic product (GDP) at basic prices for the legal cannabis industry in Canada in April 2025 was $9.2 billion. The figures are up from $9.1 billion in March.

While licensed cannabis producers’ contribution to Canada’s GDP ($8.2 billion) increased 9.8% from April 2024, unlicensed cannabis production’s contribution ($1.7 billion) declined 4%, adding to the ongoing trend of market share shifting from the illicit sector since legalization in 2018.

Licensed cannabis stores contributed just under $1 billion to Canada’s GDP as of April 2025, a 6.4% year-over-year increase from April 2024. Unlicensed cannabis stores contributed another $839 million, representing a 4.1% decline.

Read the full article at StratCann