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High Tide Inc V.HITI

Alternate Symbol(s):  HITI

Consumer Cyclical Healthcare Advertising Agencies Cannabis
High Tide Inc. is a retail-focused cannabis company. Its segments include Bricks-and-mortar and E-commerce. Bricks-and-mortar operations includes the Canadian bricks-and-mortar locations, inclusive of the Canadian warehouse which supports the distribution of accessories and other items to the Canadian stores. Its E-commerce operations include the Company’s United States and international subsidiaries, inclusive of the United States warehouse which supports the distribution of accessories and other items to the United Sates and international subsidiaries. Bricks-and-mortar sales are conducted under the Company’s Canna Cabana brand, CBD product sales are conducted online under the FABCBD, Blessed CBD and NuLeaf brands, and online sales through e-commerce platforms are conducted under the Company’s Grasscity, Smoke Cartel, Daily High Club and Dankstop brands. Its brand Queen of Bud sells products across Canada both direct to consumers and through third-party licensed cannabis stores.


TSXV:HITI - Post by User

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Post by thebeston Dec 22, 2021 1:12am
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Post# 34253282

canadian cannabis in october

canadian cannabis in october

Canadian recreational cannabis sales grow to CA$364.2 million in October

MJBizDaily Staff
 - Updated 

Regulated sales of recreational cannabis totaled 364.2 million Canadian dollars ($281.7 million) in October, a monthly record.

October cannabis sales grew by nearly 2.8% over September’s total, according to retail sales figures reported Tuesday by national data bureau Statistics Canada.

Monthly recreational cannabis sales increased in all provincial markets tracked by Statistics Canada except New Brunswick, where sales dipped by 2.8% to CA$7.1 million.

Adult-use consumers in Ontario, the largest provincial market, bought CA$145.7 million worth of legal marijuana, a month-over-month increase of nearly 3%.

Shoppers in Alberta spent CA$63.2 million on cannabis in October, a 4.1% monthly increase.

In Quebec, monthly sales grew by 2.3% to CA$52.5 million.

In the remaining provinces, October sales and monthly sales growth were:

  • British Columbia: CA$50.5 million (+2.7%)
  • Manitoba: CA$13.9 million (+0.6%)
  • Saskatchewan: CA$13.8 million (+1.5%)
  • Nova Scotia: CA$8.1 million (+0.6%)
  • Newfoundland and Labrador: CA$5.7 million (+7.6%)

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Statistics Canada did not report retail cannabis sales for the smallest province, Prince Edward Island, or for Canada’s three territories.

October cannabis retail sales in selected Canadian cities were:

  • Toronto: CA$49.5 million (+4.7%)
  • Montreal: CA$27.2 million (+3.4%)
  • Edmonton, Alberta: CA$21.7 million (+5.2%)
  • Calgary, Alberta: CA$17.5 million (+3.8%)
  • Vancouver, British Columbia: CA$16.6 million (+3.3%)
  • Ottawa, Ontario: CA$14.5 million (-0.4%)
  • Winnipeg, Manitoba: CA$9.3 million (+1.1%)
  • Quebec City: CA$5.9 million (+2.9%)
  • Gatineau, Quebec: CA$1.8 million (+2.6%)

Statistics Canada’s October cannabis retail sales report is available here.

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All US Canada International Recreational Retail 
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