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Massachusetts Cannabis Sales Soar Past $6B Record, Canada Sees Steady 1.7% Year-Over-Year Growth
Thursday, April 25, 2024 - 3:15pm | 965In an era of blossoming cannabis markets, North America stands out with significant milestones as Massachusetts and Canada reveal positive sales figures. Massachusetts’ Green Milestone: Surpassing $6 Billion Massachusetts has set an impressive record, with cannabis establishments collectively...
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Is The Cannabis Market Stagnating In Canada? Sales Show Slowest Annual Growth To Date In August
Friday, October 21, 2022 - 3:09pm | 462Sales growth in Canada appears to be stagnating for the cannabis sector. Statistics Canada released August retail sales for the country reporting that cannabis sales increased from July by 0.2% to CA$393.7 million ($288 million). In August, sales increased 13.0% from one year earlier, down...
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Canadian Cannabis Sales Continued To Increase In July, Here's Why
Friday, September 23, 2022 - 4:35pm | 480Recently, Statistics Canada released July retail cannabis sales for the country. The reports showed that marijuana sales increased from June by 4.5% to C$394.8M. "The month was longer by 3.3%. June was revised from C$377.5 million to C$377.9 million. Sales rose 17.8% from a year earlier, down...
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Canadian Cannabis Sales Continued To Increase In May, Here's Why
Friday, July 22, 2022 - 7:21pm | 396Statistics Canada released May retail sales for Canada, with cannabis sales increasing from April by 0.7% to CA$375.8 million ($290 million), as reported New Cannabis Ventures. "The sales were up 20.1% from a year ago, down from the 26.1% April growth rate and near the lowest...
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Canadian Cannabis Sales Continue To Rebound In April, Here's Why
Tuesday, June 21, 2022 - 11:50am | 460Cannabis sales in Canada seem to be recovering after another month of improvement. New data from Statistics Canada revealed that cannabis sales in April improved 25.8% year-over-year reaching CA$ 372.4 million ($286.5 million), reports New Cannabis Ventures. Sales growth, according...
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Which Province Sold Most Marijuana In December? Canadian Cannabis Sales Hit Another Record
Friday, February 18, 2022 - 1:22pm | 260Cannabis sales in Canada totaled CA$382.4 million ($301 million) in December, representing an increase of 8.5% from November, according to Statistics Canada. Sales were up 28.5% from a year ago, building on an increase in the number of stores and falling flower prices. Hifyre IQ has estimated...
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Cannabis Sales Hit Record High In Canada: $268M In July Alone
Thursday, September 23, 2021 - 3:47pm | 295The year 2020 saw triple-digit growth in Canada’s legal cannabis market, which was largely driven by: Increased brick-and-mortar retail access – especially in Ontario, British Columbia and Quebec; An expansion in e-commerce and click-and-collect offerings; Pricing that was...
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Cannabis Sales In Canada Hit $309.7M In April, Michigan Sales Dip In May As Prices Drop
Thursday, June 24, 2021 - 10:51am | 423Cannabis Sales In Canada Spike 74% YoY To $309.7M in April Cannabis sales in Canada hit CA$309.7 million ($251.7 million) in April, representing a 3.8% increase compared to March and a 73.6% year-over-year spike, according to new data from Statistics Canada. After kicking off 2021 with two...
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Ontario Boosts Canadian Cannabis Sales To Reach $245M In August
Wednesday, October 21, 2020 - 1:20pm | 263Canada cannabis sales increased 94% over the year and 6% sequentially to CA$244.9 million in August. According to Statistics Canada, the growth can be attributed to the expansion of the retail footprint across provinces, including British Columbia and especially Ontario. Ontario sales...
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Gerald Butt's Tweet On Canadian Cannabis Numbers Might Be Far-Fetched
Wednesday, August 21, 2019 - 11:21am | 539Statistics Canada, the Canadian national statistical office, has released its second-quarter National Cannabis Survey for 2019. In the study, the agency announced its quarterly data on cannabis use and related behavior for citizens over 15 years old. Gerald Butts’ Tweet After the survey...
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Survey: Despite Marijuana Legalization, Canada Sees No Change In Number Of Consumers
Thursday, February 14, 2019 - 9:51am | 461Cannabis may have become legal in Canada Oct. 17, 2018, but the country's fourth-quarter National Cannabis Survey showed that roughly the same number of Canadians are lighting up as they did when the drug was illicit. And the country's black market is thriving. The survey, released Feb. 7...
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Pot Stocks, ETFs And Top News From The Cannabis Industry This Week
Friday, February 16, 2018 - 5:35pm | 1818After a relatively stable few days, cannabis stocks returned to the red Thursday. The United States Marijuana Index, which tracks 15 of the largest marijuana stocks in the U.S., ended the week almost flat. The North American Marijuana Index, which also includes Canadian stocks, lost 5.6 percent...