Canadian cannabis company Tilray reports US$52.5-million profit as market share slips again

Blair MacNeil, the Leamington, Ont. pot company’s president of Canadian operations, said Wednesday that in the company’s third quarter, its retail market share fell to 10.2 per cent from 12.8 per cent.

That period saw many provinces and territories still facing increased measures meant to quell COVID-19, as well as stiff competition within the cannabis market.

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