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The Canadian Cannabis Retail Landscape is starting to show signs of Significant Growth

Cannabis Retail

Earnings season is just getting started for the cannabis sector and we hope to see a positive response from the market to company results.

Last week, Statistics Canada announced that $292.1 million (USD) (C$375.8 million) of recreational cannabis was sold in May. This amount is less than 1% higher than the amount of sales in April and we are favorable on the increase. Statistics Canada also updated the amount of recreational cannabis sales from April to be CA$373.3 million, which is slightly higher than the amount that was previously reported. (Technical420)

Breaking Down Performance by Province

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