The Canadian cannabis market continues its upward trajectory, buoyed by the convenience of order weed online option. This domestic growth is not occurring in isolation; global interest in cannabis is also rising.
There’s a noticeable surge in the cannabis industry, particularly concerning the exportation of cannabis flower. While Health Canada hasn’t provided a detailed breakdown of the value of flower exports versus extract exports, it’s widely believed that cannabis flower constitutes most international sales.
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Brief Overview of Canada’s Cannabis Industry
Cannabis sales in March surged by 7.1% or CA$414.1 million, an uptick from the revised CA$386.8 million in February. Sales experienced a marginal increase of 0.2% daily.
Compared to the previous year, sales witnessed a 1.9% rise. Total sales for 2023 escalated by 12.5% to reach CA$5.09 billion, while 2024 saw a modest 3.2% increase compared to the preceding year.
This data encompasses cannabis sales from both physical marijuana dispensaries and online platforms in Canada. The costs associated with exporting cannabis vary, and this aspect of the industry is indicating an up-and-coming growth trend.
Exportation of Cannabis
In the fiscal year 2022-23, exports continued their upward trend, with Canada shipping medical cannabis products worth 160 million Canadian dollars ($118 million) overseas. This marked a 50% increase compared to the previous fiscal year, with exports valued at CA$107 million. Health Canada provided these figures.
David Hyde, CEO of Hyde Advisory & Investments in Toronto, foresees Canada maintaining its competitive edge over other export nations for the foreseeable future. He anticipates a steady rise in medical exports over the next two to three years.
- 2019-2020: $8 million
- 2020-2021: $39 million
- 2021-2022: $107 million
- 2022-2023: $160 million
Going Beyong Regular Marijuana Flowers
Hyde highlighted emerging Cannabis 2.0 products like vapes and hash to bolster exports. He foresees a robust export market in Canada for the foreseeable future and expects a gradual shift away from primarily exporting flower to other product forms. As importing countries refine their cultivation techniques, Canada’s dominance in the market may diminish over time, so shifting to alternative products may boost sales.
- Vapes: Vapes offer a safer alternative to smoking cannabis. This is because it heats the cannabis to a lower temperature and reduces the formation of toxic compounds that are present in smoke. These products also provide more flexibility as it allows you to use various cannabis forms beyond flower, such as waxes, oils, and concentrates.
- Hashish: Its abundance of trichomes, the resinous glands on cannabis flower, translates to a much higher concentration of THC compared to regular buds. This leads to a more intense and long-lasting high, ideal for those seeking a stronger effect. Hash also boasts a higher degree of purity. Hash has less organic matter than buds, which contain various plant parts.
Craft Cannabis
Industry insiders point to the rising prominence of higher-quality marijuana driving increased exports, mainly sourced from small-batch cultivation. This trend aligns with more Canadian cannabis entrepreneurs moving toward smaller micro-cultivation facilities.
Deepak Anand, principal of ASDA Consultancy Services, noted the increasing presence of craft production in international markets. He said many craft and micro producers seek partnerships with facilitators like Herbal Dispatch to access export channels. This represents the future, as discerning consumers prefer products from smaller producers.
Reasons to the Increase in Cannabis Exportation
You might be surprised to learn that the demand for recreational use does not drive the exportation of cannabis products. Most countries are looking to Canada for the highest quality marijuana for medical purposes.
Increase Understanding of the Medical Benefits of Cannabis
Medical marijuana, also known as medical cannabis, harnesses compounds from the cannabis plant to alleviate symptoms or manage certain conditions. It is available in various forms akin to those found in recreational marijuana. Specialized, meticulously purified versions exist, tailored for specific medical needs.
The cannabis plant contains over a hundred different chemicals termed cannabinoids, each exerting unique effects on the body. Among these, Delta-9-tetrahydrocannabinol (THC) and cannabidiol (CBD) are necessary for medical applications. THC, in particular, induces the euphoric sensation commonly associated with marijuana consumption, whether smoked or ingested in edible forms.
- Pain: In a study conducted by the Medical Society of Delaware in 2021, researchers revealed that patients using medical marijuana experienced a significant 31% reduction in their opioid consumption.
- Migraine and headaches: In a study published in the Journal of Pain in 2019, researchers noted decreases in both migraine and headache severity following cannabis consumption. Inhalation of cannabis could lead to a reduction in migraine severity by as much as 50%.
- PTSD: In a study featured in the Frontiers of Molecular Neuroscience in 2017, researchers revealed that the endocannabinoid signalling in the hippocampus plays a role in facilitating emotional and behavioural adaptability during stressful circumstances. The findings suggest that hindering this signalling process in the hippocampus following stressful events could potentially lead to the onset of psychiatric disorders.
- Addiction: In a study published in the International Journal of Drug Policy in 2020, researchers found that following the use of medical cannabis, 44% reported a reduction in alcohol consumption over 30 days, while 34% reported a decrease in the number of standard drinks they consumed per week.
- Anxiety: A study published in the Cannabis and Cannabinoid Research Journal followed 146 medical cannabis patients who initially used benzodiazepines for anxiety. After a six-month cannabis treatment course, 45.2% of these patients were able to discontinue benzodiazepine use.
Desire for a High-Quality Product
When you visit an online dispensary Canada, you’ll discover broad product selection ranging from standard flower to edibles. Quality cultivation processes and preparation techniques go into crafting these items, but some products push quality even further.
Craft cannabis is one of the most commonly exported products. It is produced in small batches using the best cultivation techniques and harvested meticulously. The result is cannabis that is highly potent, rich in cannabinoids, visually appealing, and medically beneficial.
Standout characteristics of craft weed:
- Cultivating a more potent flower and developing top-shelf weed with rich, flavourful terpenes. Instead of relying on machines, small-batch producers hand-trim their plants to preserve potency and quality.
- Growers employ organic pest control methods, maintain clean facilities, and avoid using banned pesticides or chemicals.
- Growers carefully monitor nutrient levels, lighting, and environmental conditions to ensure optimal growth.
- Craft cannabis growers use relatively little water and electricity, which makes their processes more sustainable and eco-friendly.
Products to Choose: Support the Canadian Cannabis Industry by Buying Weed Online
Product | Type | Potency/ Amount | Benefits/ Effects |
Jelly Bean | Flower | 24% THC | Enhances creativity and induces euphoric, uplifting effects |
CBD Tears | Extract | Full-spectrum | Anxiety relief, skin nourishment, increased appetite, insomnia relief, and nausea relief |
Moroccan Love Hash | Hash | 20-70% THC | The high initially goes straight to your head, then gradually moves through your body with soothing and sedating qualities. |
OneStop – THC Distillate Disposable Vape – Blue Dream | Vape | 93-95% THC | Cerebral, relaxing, and creative high that can help with mood, pain, and appetite |
Buy Weed Online From Our Marijuana Dispensary
GrassLife is the best online marijuana dispensary because we take a holistic approach to serving all our customers.
- We have a growing product selection, from cannabis concentrates to vape pens.
- Our mail-order marijuana service helps those who cannot access cannabis due to a lack of local dispensaries, disabilities, busy schedules, or difficulty finding specific products.
- Our customer support team will answer all your queries, from product selection to learning the status of your package.
- Educational materials are readily available through our blog category that can help you understand how to use cannabis, dosage, order online steps, etc.
- We use the safest and most secure method of payment (Interac e-transfer) and partner with Canada Post to ship orders in discreet packaging.
Frequently Asked Questions
Does the exportation of cannabis products affect the prices locally?
The increased funds from exports drive up consumer spending, which in turn accelerates economic growth. This means people can afford more goods and services. Prices hinge on product demand and production costs. While some prices may remain stable, others could skyrocket due to high demand and limited resources.
Are craft cannabis worth it?
Yes. Similar to craft beer, craft cannabis carries a higher price tag than commercially produced options. In some cases, you might be looking at double the cost. For some cannabis users who prioritize quality, it offers exceptional value. These carefully curated selections from a cannabis store boast potency, rich flavours, and appealing aesthetics. Unique genetic profiles provide distinct effects that can better target specific symptoms.
Why is there a shift from cannabis flower to other cannabis products?
There are multiple reasons for this shift in cannabis use.
- Safe alternative to smoking
- Longer-lasting and potent effects
- Companies target more women and Gen Z customers
- Discreet
The popularity of alternative cannabis products doesn’t mean the end for cannabis flower. It will remain the core ingredient, but sales might dip, even at the best marijuana dispensary, as customers explore expanding selection.