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Cannabis Sales In Canada Decline Sharply: What's Behind The Drop?
Monday, August 26, 2024 - 12:34pm | 532The Canadian cannabis market, once a beacon of growth, is facing turbulent times as recent data reveals a sharp decline in sales. As New Cannabis Ventures reported, Statistics Canada’s June retail sales figures show a 2.8% drop from May, with total sales falling to C$402.0 million. This marks...
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Village Farms International Sustains High Cannabis EBITDA Margins, Setting Stage For Growth, Market Research Shows
Friday, February 16, 2024 - 10:07pm | 881With the cannabis sector experiencing dynamic shifts, Village Farms International (NASDAQ: VFF) emerges as a key player, poised for significant growth. Senior analyst Pablo Zuanic, from Zuanic & Associates, highlights pivotal catalysts propelling VFF forward in the ever-evolving cannabis market...
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Holiday High: Tracking End-of-Year Cannabis Sales in Maine, Rhode Island And Canada
Sunday, December 24, 2023 - 1:14pm | 295Maine’s Record Cannabis Sales Maine has set a new record in cannabis sales, reflecting an industry that is not just budding but blooming. In 2023, Maine's cannabis retailers sold close to $200 million worth of products, a significant leap from the previous year's sales. Rhode Island...
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How Much Do Canadians Spend On Marijuana? A Look At Third Quarter 2023 Sales Data
Friday, December 8, 2023 - 9:52am | 1065Five 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 firm Zuanic & Associates. Despite the usual market drivers like affordability, access, and variety, Canada...
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Cannabis Flower Market Shifts: Zuanic & Associates Highlight Growth Amid Changing Trends In Canada
Tuesday, September 5, 2023 - 9:16am | 415As the cannabis industry continues to evolve, revealing data analysis by Zuanic & Associates sheds light on a captivating paradox: while flower sales have shown signs of growth, their dominance has waned, unveiling a changing landscape. Over nearly three years, flower sales have bloomed by 62...
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Cost-Efficiency Leads To Profits For This Cannabis Company: Positive Q2 2023 Results Tell The Story
Wednesday, August 30, 2023 - 12:06pm | 368Greenway Greenhouse Cannabis Corporation (CSE: GWAY) (OTCQB: GWAYF), a Canadian cannabis producer, announced its Q2 2023 interim financial results Wednesday. Carl Mastronardi, president of Greenway, emphasized the company's commitment to low-cost, high-quality production. CEO Jamie D'...
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The Battle Of The Pre Rolls: Which Cannabis Company Is Canada's Number One?
Tuesday, August 15, 2023 - 3:13pm | 527The Canadian cannabis market is abuzz with competition. The latest data from Hifyre, as analyzed by Zuanic & Associates, highlights a heated race in the pre-roll segment. In the second quarter of 2023, a staggering 1,475 pre-roll SKUs were registered, originating from a diverse pool of 148...
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Cash Flow Chronicles: Analyst Dissects Canadian Cannabis Balance Sheets, Market Trends Vs. The US
Thursday, July 27, 2023 - 9:05am | 940Benzinga recently reviewed the balance sheet and cash flow trends of Canadian LPs (licensed producers). Zuanic & Associates presents crucial factual key findings: StatCan (official government source) reported May cannabis retail sales (rec) of $415.6Mn, up 1.2% MoM, and -2.1% in day-adjusted...
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North American Cannabis Market: Is Interest Waning In Canada And The US? Here's What A New Report Says
Wednesday, November 2, 2022 - 4:17pm | 1224As Benzinga recently reported, sales growth in Canada appears to be stagnating for the cannabis sector. According to Cantor Fitzgerald's Pablo Zuanic, the Canadian adult-use cannabis market “continued to decelerate in the third Quarter of 2022 when taking Year-Over-Year (YoY) trends...