When Canada legalized cannabis in 2018, everyone in the industry was expecting a windfall. But that expectation soon faded.

More than three years after the federal government legalized cannabis, there are more than 870 licensed cultivators, processors and sellers in Canada. But despite piqued interest following legalization, high supply and low demand have led to billions of dollars in writedowns and millions of grams of unsold marijuana.
(. . .)
Ontario has seen, in particular, a very large increase in the number of retail stores over the last 24 months, and because of that, the overall (market share) each store on average is able to get continues to decline . . .

– Toronto Star, July 2022

There are 425 cannabis stores and 421 Tim Hortons across Toronto.

– Toronto Star, September 2022

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And just for fun, here’s the reverse angle:

A Toronto dentist recently told me that when he graduated from dental school in the mid-1970s, there were about 1,300 dentists in Toronto. He said that number has since increased at least 600%.

When he opened his own practice in Toronto, there was one other dental office within a one-block radius of his office. Today there are eight other dental offices within that same one-block radius and those eight dental businesses collectively employ about 18 dentists.
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