Ontario Cannabis Retail Market Likely has a Year or Two at Current Pace of Growth Before Saturation

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BUSINESS Ontario cannabis retail market likely has a year or two at current pace of growth before saturation TREC Brands, which stands for trust, respect, equality and compassion, donates 10 per cent of its gross profits back to transformative causes identified by its customers. By Angela Stelmakowich Trang Trinh is founding director and CEO of TREC Brands. / Photo: supplied by TREC Brands

It’s hard not to be encouraged by cannabis retail revenue in Ontario — with the country’s most populous province cementing its lead position — and the pace of growth likely continuing for a couple more years before reaching store saturation.

The sleeping giant that is Ontario cannabis retail seems to be waking, with the province registering the highest revenue of any jurisdiction in the country for the third month running.

“The industry is continuing to grow and that’s really good for all the key players involved,” Trang Trinh, founding director and CEO of TREC Brands, which stands for trust, respect, equality and compassion, says of Statistics Canada’s latest monthly figures.

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