Canadian Cannabis Market Trends: Sales Increase As Youth Impact Study Unfolds
Statistics Canada reported a 7.1% increase in cannabis sales for March, reaching C$414.1 million, up from February’s revised C$386.8 million.
On a per-day basis, sales rose 0.2%. Compared to last year, sales were up 1.9%, down from August’s 19.8% growth rate. Total sales for 2023 increased by 12.5% to C$5.09 billion, while 2024 saw a modest 3.2% rise from a year ago.
Alberta Reviews Cannabis Effects On Youth
The Alberta government has established an expert panel to review the impact of cannabis on individuals under 25. Five years …