RE:Reality checkThis is based only on the sales of mj in Canada since October which was a very soft open, with minimal access and storefronts and no bev or edibles. This is very inaccurate when looking at future sales/revenues.
quote=autofocus111]The time when 'show me the money' will mean everything is fast approaching.
>>>Canada’s cannabis industry will be worth just $5 billion by 2021 — far less than previously estimated, according to a new report from cannabis research firm Brightfield Group which extrapolated the industry’s value based on recreational pot sales post-legalization.Between mid-October and the end of 2018, total cannabis sales in Canada, in both the medical and adult-use markets was approximately $210 million due primarily to product shortfall from licensed producers, and a major drop in demand from medical consumers of cannabis.Chicago-based Brightfield had previously estimated the Canadian cannabis industry to be worth roughly $8 billion by 2021 — this is the first time, however, that actual data of recreational sales across Canada is being used to estimate how big the industry is poised to become.
https://business.financialpost.com/cannabis/cannabis-industry-to-be-worth-just-5-billion-by-2021-amid-flat-rollout-high-costs?video_autoplay=true[/quote]