Invite | Tide is Turning in Canada? | Cannabis Q&A/Canada Sales Update

09/07/21 03:21PM EDT

On the call, we will discuss the following topics:

  • July sales were revised up to $339 Million, 6.4% higher than the month prior.
  • In August, sales continued to increase to $347 Million, up 2.4% from July.
  • We expect 2021 sales to be $3.93 Billion Vs. our $3.8 Billion estimates last month, 50% higher than the 2020s $2.6 Billion in sales.
  • CGC has been on a constant decline for the past four months.
  • Tilray revenues have remained fairly flat.
  • Pure Sunfarms has seen the most significant growth in Canada.
  • CGC is struggling 

Click Here to access the live webcast at the time of the event.

Invite | Tide is Turning in Canada? | Cannabis Q&A/Canada Sales Update - canada

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.