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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: Goose94 who wrote (120572)3/19/2022 8:43:02 AM
From: Goose94Read Replies (1) | Respond to of 203329
 
Marijuana: Canadian pot sales slip 2.1% in January: StatsCan

Canadians bought $347 million worth of cannabis in January, starting the year on a down note as recreational sales fell by 2.1 per cent on a month-to-month basis, according to Statistics Canada. Retail sales typically decline in January due to a boost in holiday-related spending during December, and cannabis wasn’t the exception for that trend. Interestingly, StatsCan revised downward its December sales figure to $354.8 million from a prior reading of $382.4 million. While StatsCan often revises the prior month’s sales figures, the near-$30 million difference is unusually high compared to prior revisions. Nearly every province reported a sales decline except for Ontario, which reported a 7.6 per cent jump in January to $137 million. On an annualized basis, Canada's legal recreational pot market operates at an annual run rate of about $4.17 billion.

BNN.ca