Canadian Cannabis Market: Decoding The Facts and Figures

Besides that, prompt adoption of new and latest methods amidst the pandemic made it an even more accessible and popular product across the country.

In fact, the market is witnessing impressive growth in adult-use cannabis, with a growth of around 118% in 2020 compared to 60% in the year 2019.

But as per the March sales figures, it set a record of 298.1 million Canadian dollars, rebounding from the decline that happened during the start of 2021.

This feedback is prompting a mild relaxation of rules for packaging as well as possession of infused drinks.

But if the consumers want, Health Canada might ask to provide more information regarding the ingredients present in the product.

The Green Market Report focuses on the financial news of the rapidly growing cannabis industry.

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