Canadian Cannabis Sales Increased 44% in August to Record $357 Million

New Cannabis Ventures
By Alan Brochstein, CFAOct 22, 2021, 8:44 am423 ptsTop
Statistics Canada released August retail sales for the country this morning, with cannabis sales increasing from July by 5% to C$356.9 million, a record high. The record sales were up 43.8% from a year ago, the lowest annual growth to date and down from 45.6% in July. Hifyre IQ had forecast sales of C$340…

Read Article Share
Share Article
- email
- twitter
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on NewsBudz

Cannabis industry is sparking a new era of tourism 46

Cannabis Stocks Are Soaring 45

Cannabis Employment Compliance: How to Navigate Complex State and Federal Regulations 40

Texas Governor Sets Hemp Regulation Agenda For Legislature’s Special Session After Vetoing All-Out Ban

About NewsBudz

NewsBudz is your go-to app for daily cannabis news, covering everything from medical marijuana breakthroughs to recreational cannabis trends and legalization updates.

Our platform aggregates content from over 30 top-tier cannabis news outlets to deliver a curated stream of the latest headlines, insights, and developments across the marijuana and hemp industries.

Whether you're interested in policy reform, health research, cannabis business, CBD, delta 9 products or lifestyle stories, NewsBudz keeps you informed and connected. Accessible on the web and mobile, NewsBudz makes it easy to explore, read, and share cannabis news anytime, anywhere.