Canadian Cannabis Sales Reach $246.7M

Retail sales were negatively affected by COVID lockdowns, while new stores and lower prices provided a boost.

New data from Statistics Canada revealed that Canadian cannabis sales in March improved 65% year-over-year reaching CA$298.1 million ($246.7 million), reports New Cannabis Ventures.

According to the outlet, this was the “slowest year-over-year growth” since recreational sales in the country began in late 2018. First-quarter sales improved only 1.8% sequentially.

– Read the entire article at The Fresh Toast.

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