Canada’s legal cannabis industry saw only limited, short-term negative effect from the pandemic in 2020, including an increase in physical retail share of total sales— nearly 90%.
Valuations of Canadian-focused operators are still trading at a premium on sales compared to U.S. operators, despite a smaller market and lower margins.
BDSA forecasts total legal cannabis spending in Canada to reach nearly $6.4 billion in 2026, rising at a compound annual growth rate (CAGR) of 16%.
CANADIAN CANNABIS SPENDING SOARS TO $2.6 BILLION IN 2020
US valuations flat, Canada expands
A Complete List Of NYSE And NASDAQ-Listed Cannabis Companies
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
Episode 761 of The Talking Hedge:
Your Cannabis Business Podcast.
Covering cannabis business news, interviews, investments, events, products, reviews, and some random stuff. But as Jay-Z said "it's only entertainment."
Song: Beat | Keep On | 2020
Artist: Milochromatic Beats
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018
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Josh is not an investment adviser. The Talking Hedge is long gold and silver. Listeners should always speak to their personal financial advisers.
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