Five years into its legalization, the Canadian cannabis market reveals intriguing regional disparities and growth trends, as highlighted in the latest report from cannabis equity research firmZuanic & Associates.
Despite the usual market drivers like affordability, access, and variety, Canada emerges as an outlier.
The report delves into how lower prices and an abundance of retail stores are counterbalanced by factors such as high excise taxes, product caps, strict packaging regulations, and marketing restrictions, which collectively contribute to the nation's lower spending levels in the cannabis sector.
"Among the five largest cannabis formats in Canada, flower accounts for 37% of...
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