Organigram Releases "Landmark Report" Showing Legal Cannabis Added $16 Billion to Canada's GDP in 2024

07:56 AM EDT, 09/02/2025 (MT Newswires) -- Organigram Global Inc. (OGI) , Canada's largest cannabis company by market share, on Tuesday released 'High Impact, Green Growth: The Economic Footprint of Canada's Cannabis Industry', a national report done in partnership with the Business Data Lab at the Canadian Chamber of Commerce.

According to a statement, the report, which examined figures for 2024, "underscores the legal cannabis sector's role as a major driver of jobs, economic growth, and innovation", highlighting why it should be included as a pillar of Prime Minister Mark Carney's One Canadian Economy vision.

Tuesday's statement noted the report shows that in 2024 Canada's legal cannabis industry contributed more than $16 billion to national GDP, generating nearly $29 billion in total economic output. To put its economic weight in perspective, it said cannabis's direct GDP contribution of $8.4 billion in 2024 exceeds that of forestry and logging ($3.4 billion), breweries ($2.6 billion), and wineries and distilleries ($975 million). It added the sector also supported over 227,000 jobs across the country, including 168,000 direct jobs in cultivation and retail, alongside 59,000 in supply, logistics and professional services.

"The legal cannabis sector is a high-value industry that is already delivering what the Prime Minister's One Canadian Economy vision calls for: a nationally integrated, high-value industry that's built in Canada, employing Canadians, and competing globally," said Beena Goldenberg, CEO of Organigram Global (OGI). "With bold national leadership, we can secure Canada's place as the world's cannabis leader; a driver of national economic resilience within the One Canadian Economy vision."

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