Statistics Canada numbers showed cannabis responsible for $7.9B worth of the Canadian GDP in August, up from the low of $6.74B during February’s supply shortage.
A Canaccord Genuity analyst predicted in a research note that 2020 revenue from the Canadian legal cannabis sector will be $3.16B, thanks to continued retail rollout and 2.0 products.
Bloomberg
Quick Hits
- Public REC consumption in “coffee shops” and cannabis lounges has proven effective in the Netherlands, and cannabis advisor Ivan Casselman argued Canada and the US would only benefit from allowing lounges and other public spaces for cannabis consumption.
LinkedIn - Inside the Jar, a new and defiantly independent cannabis publication, announced its arrival with “letters” from co-founders Travis Lane, Amanda Siebert, and Piper Courtenay. They’re worth reading.
Inside the Jar
