Please login or sign up to post and edit reviews.
Ontario Cannabis Market
Publisher |
Josh Kincaid
Media Type |
audio
Categories Via RSS |
Business
Business News
Investing
News
Publication Date |
Jul 07, 2022
Episode Duration |
00:04:37

There have been a variety of conflicting reports covering Ontario sales trends over the last.

For starters, Ontario stands as the largest province for total cannabis sales throughout Canada. Revenue growth has been healthy since the market launched, with $165M in total sales in April 2022. 

While total sales are increasing, prices of products are decreasing with price compression impacting larger categories. 

This price compression was mainly driven by increased competition as more retailers opened stores. The growing number of stores also had a negative impact on the average revenue of individual retailers in Ontario. 

For example, when examining a sample of 100 retailers that were open during April 2021 and April 2022, the median store saw a 14% decline in sales year over year. 

Episode 984 The #TalkingHedge dives into Headset’s data…

#CannabisIndustry #CannabisData #MarijuanaData #CannabisAnalytics #MarijuanaAnalytics #CannabisSalesData #MarijuanaSalesData

https://youtu.be/d89lPGJ9l6w

This episode currently has no reviews.

Submit Review
This episode could use a review!

This episode could use a review! Have anything to say about it? Share your thoughts using the button below.

Submit Review