Takeaway: We hosted our monthly Q&A combined with our Canada Cannabis sales update on 9/8 at 12:30 PM EST.

On the call, we discussed 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 replay. 

Replay | Cannabis Q&A/Canada Sales Update | Is Tide Turning in Canada?  - canada