Part 1 of the article discussed about what is selling the best in the recreational market in Canada, and in this post we will be discussing the gaps and the possible opportunities for new businesses in the recreational segment. October 17th, 2019, was a watershed...
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What does it take to go from a processing license to a sales license?
Canada expanded the licensing of cannabis-based products in 2019. As discussed in the last post, the industry is slated to grow at a humongous pace to reach a whopping $194 billion by 2025. The hurdles faced by the industry is not the cultivation and processing of...
Growth Opportunities for Canadian Cannabis License Holders in the International Market
The consumption of cannabis in the international market has witnessed a surge over the past years. For all the Canadian cannabis license holders, the opportunity that the cannabis international market offers to them is beyond imagination. Cannabis license holders in...
Insights into the Legal Recreational and Medical Cannabis market in Canada
Canadian Cannabis Market Forecast The total cannabis market in Canada, including medical and recreational cannabis products, generated approximately $7 billion in sales in 2020. Medical cannabis generated an additional $0.7 billion to $1.7 billion in sales,...