Emerging Trends in the Canadian Cannabis Retail Landscape
Understanding the Market: Growth, Regulation, and Consumer Behaviour The Canadian cannabis industry has experienced rapid evolution since the country’s landmark legalization in 2018. As of 2023, the market has matured, with an estimated wholesale value surpassing CAD 4.5 billion, reflecting a compound annual growth rate (CAGR) of approximately 20% over five years. This surge is…