Following on data Cowen & Co reported last May, Canadian beer consumption has continued to decline. Though beer volumes sold declined 0.3%, between 2014 and 2018, Cowen analyst Vivien Azer reported Canadians have drunk 3% less beer in the first 11 months of 2019.
Barron’s, Bloomberg
- MJ Biz‘s Matt Lamers argued the figure “validates concerns among Canadian brewers who long feared the impact of adult-use marijuana on their sales.”
MJ Biz Daily
Quick Hits
- University of Toronto sociology professor Akwasi Owusu-Bempah talked with Halifax professor and activist El Jones on the Policy Options podcast about the continuing effects of discriminatory cannabis policing on Black and Indigenous people.
Policy Options - New Brunswick crown monopoly REC retailer Cannabis NB‘s lagging sales numbers improved in the second half of 2019.
MJ Biz Daily
