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5 Early Cannabis Industry Trends To Watch In 2021

5 Early Cannabis Industry Trends To Watch In 2021
Cannabis is growing exponentially and the addition of more legal states means that the industry is going to have another massive year.
The post 5 Early Cannabis Industry Trends To Watch In 2021 appeared…

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Canada tallies CA$2.6 billion in cannabis sales for 2020, up 120% over 2019

Canadian sales of legal recreational cannabis totaled 2.6 billion Canadian dollars ($2.08 billion) in 2020, as December sales increased from a relatively sluggish November. Licensed marijuana retailers across the country sold CA$298.4 million worth of …

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Hexo doubles down on cannabis beverages, cuts loss to CA$4.2 million

Canadian cannabis producer Hexo reported a net loss of 4.2 million Canadian dollars ($3.2 million) for the quarter ended Oct. 31, 2020, a significant improvement over its CA$170 million loss in the previous three-month period. The Ottawa, Ontario-based…

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Canadian legal marijuana sales exceed CA$256 million in September

Canadian sales of regulated cannabis reached 256.3 million Canadian dollars ($196.4 million) in September, a 1.85% increase over August’s sales as the pace of monthly growth slowed. Statistics Canada’s September’s cannabis sales figur…

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Canadian cannabis sales grow to nearly CA$245 million in August

Canadian sales of legal adult-use cannabis grew by 5.2% from July to August, reaching a monthly total of 244.9 million Canadian dollars ($186.9 million). The monthly record for Canadian marijuana sales implies an annualized market worth more than CA$2….