Weekly Cannabis Commentary

Weekly Cannabis Commentary

Surging Sales in Canada: Canada recorded $2.6B in cannabis sales in 2020, up 120% YoY. Much of the increased sales is attributed to more retail stores opening up across the country (see the retail store section for details). However, the pandemic also contributed to increased consumption in the year. As reported by Marijuana Business Daily, about 34% of cannabis users increased consumption during the pandemic for the following reasons: Stress, boredom, loneliness, convenience, ease of access and etc…

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