Canadian bank slashes cannabis sales forecast to CA$2.5 billion for 2020

MJBizDaily
By Matt LamersApr 27, 2020, 2:59 pm164 pts
One of Canada’s largest banks trimmed almost a billion dollars off this year’s forecast for adult-use cannabis sales, mostly due to issues arising from a slow roll-out of regulated stores in key provincial markets as well as shuttered locations because of the COVID-19 pandemic. CIBC Capital Markets, the…

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