New figures from Statistics Canada showed adult-use cannabis monthly retail sales grew in every Canadian province, reaching nearly 201.1 million Canadian dollars ($152.1 million). Also, marijuana sales crested yet again in June, increasing 7.9% over the record set in May. “The national monthly increase reflects natural market growth and improved capture of consumers away from the black market”, said Theo Zunich, president, and CEO of YSS Corp., which operates 16 licensed retailers in Alberta and one in Saskatchewan. Canada’s most populous province has reclaimed the lead in monthly cannabis sales from smaller Alberta, whose robust network of licensed marijuana stores helped the province’s sales surpass Ontario’s in April. Ontario sales approached CA$48.9 million for June, an 18.8% increase over May.

SpeedWeed, 08/23/2020 06:30:04

Open article: https://speedweed.com/canadian-recreational-marijuana-sales-reach-record-ca201-million-in-june/