Canadian Cannabis Sales To Surpass $3B in 2021

<p>Canadian adult-use cannabis sales grew by 86% to nearly $2.2 billion in 2020. BDSA estimates that total spending in Canada reached more than $2.6 billion in 2020.</p> <p>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%.</p> <p>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.</p> <p>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%.</p> <p>Show Notes:<br /> CANADIAN CANNABIS SPENDING SOARS TO $2.6 BILLION IN 2020<br /> https://bdsa.com/canadian-cannabis-spending-soars-to-2-6-billion-in-2020/<br /> US valuations flat, Canada expands<br /> https://mjbizdaily.com/investor-intelligence/comp-tables-as-of-april-7-2020-us-valuations-flat-canada-expands/<br /> A Complete List Of NYSE And NASDAQ-Listed Cannabis Companies<br /> https://www.benzinga.com/markets/cannabis/21/07/12591805/a-complete-list-of-nyse-and-nasdaq-listed-cannabis-companies-updated</p> <p>Host:<br /> Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.<br /> https://www.linkedin.com/in/joshkincaid/</p> <p>Episode 761 of The Talking Hedge:<br /> Your Cannabis Business Podcast.<br /> ​Covering cannabis business news, interviews, investments, events, products, reviews, and some random stuff. But as Jay-Z said "it's only entertainment."<br /> https://www.theTalkingHedgepodcast.com</p> <p>Music Info:<br /> Song: Beat | Keep On | 2020<br /> Artist: Milochromatic Beats<br /> &<br /> Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018<br /> Artist: LuxrayBeats</p> <p>Keywords:<br /> Hemp News, Weed News, Cannabis News, Marijuana News, Cannabis Business, Marijuana Business, Cannabis Industry News, Marijuana Industry News, Weed News 420, Talking Hedge Podcast, Cannabis Podcast, Marijuana Podcast, Busin