Cannabis is now generating more cash income, as a raw commodity, for New Brunswick producers than potatoes, blueberries, or maple syrup, though potatoes still contribute more to New Brunswick’s overall GDP than cannabis because there are more value-added potato products produced in the province.
According to the latest numbers from Statistics Canada, Cannabis generated $244.7 million in farm cash receipts for producers in the province in 2020.
Farm cash receipts represent the cash income received from the sale of agricultural commodities as well as direct program payments made to support or subsidize the agriculture sector.
That’s significantly more than fresh potatoes, which generated $152.9 million in farm cash receipts last year. Fresh fruit, like blueberries, generated $36.9 million. Maple syrup and other maple products generated $20.6 million.
Read more at huddle.today