Canadian Cannabis Sales Are Lagging - Here Is Why Jonathan Cooper Summary Canadian recreational cannabis sales have been flat since November. The Globe & Mail explains this is due to a shortage of cannabis stores, pointing to Colorado's slightly higher stores per capita. They are correct there is a retail store shortage, but stores per land area is much better correlated with cannabis sales per capita. Canada's best-selling province, PEI, has one-third as many stores per square kilometer as Colorado - and one-third the sales per capita. Canadian sales should begin to improve in April results, after Ontario opens its first retail stores.

Canadian Cannabis Sales Are Lagging – Here Is Why

Article by Jonathan Cooper, SeekingAlpha Canadian recreational cannabis sales have been flat since November. Each month, Stats Canada releases retail sales data across Canada for a wide variety of sectors including retail cannabis sales. Nationally, Canadians purchased $49.9 million of cannabis in February, down 9% from $54.9 million in January. On an annualized basis, sales … Continue reading Canadian Cannabis Sales Are Lagging – Here Is Why

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