Canadian Cannabis Market Continues To Grow, With Ontario Nowhere Near Retail Store Saturation: Brightfield

Article by Angela Stelmakowich, Growth Op

Share via email Share on Facebook Share on Twitter Open more share options Breadcrumb Trail Links News Legislation Legalization Experts Business Canadian cannabis market continues to grow, with Ontario nowhere near retail store saturation: Brightfield Canada’s recreational weed market up 118 per cent in 2020. Author of the article: Angela Stelmakowich Cannabis retail will likely be a big part of upward trajectory of growth. / PHOTO BY MICHEL COMTE/AFP VIA GETTY IMAGES/FILE

Retail served as the main driver of a 118 per cent increase in Canada’s recreational cannabis market last year, with the much-anticipated rollout of stores in Ontario quickening its pace and Alberta witnessing steady growth.

“The opening of retail outlets drove growth in 2020,” notes a new report on Canada’s recreational weed market from Brightfield Group, a consumer insights and market intelligence firm for the CBD and cannabis industries.

Read the full article here.

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