Sales of legal dried cannabis declined in January: Health Canada [Business News Network (BNN) Energy & Resources (Canada)]
Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS)
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Source: Business News Network
Sales of legal dried cannabis declined in January: Health Canada Canadian sales of legal dried cannabis in January declined from the prior month, the first such decrease since recreational use of marijuana was legalized last year, while inventory levels continued to rise, according to the country’s pot regulator. Health Canada said 7,115 kilograms of dried flower cannabis was sold in Canada in January, down 3.7 per cent from December, according to the government agency’s monthly Cannabis Tracking System, which was updated late Wednesday. Overall sales of legal dried cannabis were up 10.9 per cent since recreational pot was made legal in October. While Health Canada didn’t disclose why sales of cannabis declined in January, the marijuana industry has been hit by a number of issues which have plagued the rollout of legal pot, including logistical issues, a mixed retail rollout, and a robust illicit market. Meanwhile, the total amount of inventory of finished and unfinished dried cannabi
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