Post by
sthinei on Apr 28, 2021 9:09pm
Canadian sales in february
Sales were down overall as this was a short month but up 74% yoy. Daily avg sales were up. Ontario was the only province to show a slight month over month increase which is a good accomplishment in a short month. Also nice to see comments about better quality off premium cannabis helping to make inroads against illicit market. https://mugglehead.com/canadian-cannabis-sales-remain-steady-in-february-at-263m/ Babins notes that falling flower prices and increased quality in value products are drawing hold-out customers to the licit market. You get better bud for cheaper at legal stores, he says, plus you know it comes from a sanitary facility. A rise in senior spending and soccer moms replacing their nightly wine indulgence with an edible or two is also keeping sales steady at Evergreen, according to Babins.