Post by
dart321 on Feb 19, 2023 9:42pm
More Cannabis Data
The saturation point is becomming clearer as the months go by. It's looking more and more like the sustainability ratio is 1 store for every 5000 population. For Canada that would mean aprox 7500 stores, we are half way there. We are seeing some stores close because of the clusters are to close together other stores have booming sales because they are the only store in a regon. All this will work itself out over the next couple of years but one thing is certain pot sales are growing and the strongest growth by far is in the beverage sector. I am waiting for someone to come along and open a chain of beverage only stores. That is comming also you can take it to the bank. Ontario is seeing an increase of 12 to 14 new applications per month above last years average. Based on this new info we can expect the growth period to last another three+ years before saturation is reached. Luck all do your research before you buy.