Bullboard - Stock Discussion Forum Aphria Inc. APHA

Aphria, which is headquartered in Ontario, produces and sells medicinal and recreational cannabis. The company operates through retail and wholesale channels in Canada and internationally. Aphria is a main distributor of medical cannabis to Germany and has operations in over 10 countries outside of Canada. However, it does not have exposure to the U.S. CBD or THC markets due to the constraints... see more

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Aphria Inc. > Canadian cannabis market continues to grow, with Ontario now

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Post by CommonCentsforDollars on Apr 09, 2021 7:19pm

Canadian cannabis market continues to grow, with Ontario now

I have said it many times before: It is ALL about Retail Store Coverage. Convienence is one of the most significant aspects ino bringing BM consumers over to the legal market.

Overall, the size of the Canadian cannabis market — meaning recreational and medicinal — was about $2.6 billion in 2020 and is expected to grow over the next few years, notes the report.

Projections are that the market value will hit about $4.2 billion in 2021, $5.9 billion in 2022, $6.8 billion in 2023, $7.4 billion in 2024, $7.9 billion in 2025 and about $8.7 billion in 2026.

Angela Stelmakowich
Publishing date: Apr 08, 2021