After a record-setting December, Canadian cannabis sales fell seven per cent in January to $395.5 million — via TheGrowthOp
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The sales represent a seven per cent decrease from December’s high of more than $425 million and mark a 14 per cent year over year increase.Sign up for Weekend Dispensary to get the latest cannabis news and exclusive articles delivered straight to your inbox.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.
New Brunswick saw the most precipeorus drop in sales, recording a month over month decrease of nearly 15 per cent.$4.5 billion of recreational cannabis in 2022, nearly an 18 per cent year-over-year increase.. The changes will be implemented in September and the OCS estimates it will contribute approximately $35 million into the marketplace in 2023-24 and compound annually in the years ahead.
“The OCS deserves credit for implementing these important changes which will accelerate industry sustainability and ultimately profitability as we intend to hold our prices due to the already highly competitive product pricing within the sector,” David Klein, CEO of Canopy Growth, told
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