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May 3, 2021
Article content Itâs possible the new designation may help with also transitioning more customers from the legacy to licensed markets. The OCSâs third-quarter report estimated that legal cannabis sales have captured 40.3 per cent of the provinceâs recreational market, up from 36.2 per cent one quarter earlier. The new designation comes with specific criteria meant to more clearly define what âcraftâ cannabis is. StratCann reported in December that plans were underway f...
April 28, 2021
In December of last year, Canadians purchased nearly $300 million worth of cannabis. Nationwide, cannabis retail sales for 2020 totalled more than $2.6 billion, a 117 per cent increase from 2019. In 2021, though, sales have dropped from the December 2020 high each month. In January, nationwide sales amounted to $282 million. The lone province that didn’t experience a reduction in sales in February, and, in fact, saw a slight increase, was Ontario. The province posted just under $90 million in...
February 17, 2021
Article content The AGCO says it is contacting retail applicants to advise them of their new anticipated issuance date. The agency has received more than 1,640 RSA applications to date and has issued 489 RSAs, with another 940 applications awaiting processing. There are currently 430 cannabis retails stores operating across Ontario. In comparison to booze, there are more than 2,000 alcohol retailers in Ontario, including 450 grocery stores that sell beer and cider, 450 Beer Stores, more than 66...