N.A. Cannabis Sales Update

There's been a trend of decreasing cannabis sales across all markets in North America.

Sales growth is negative for most states and provinces, with Michigan being the outlier with a significant increase in sales growth.

Despite the overall downward trend in sales growth, the YOY growth in Canada was above normal, however, same stores sales were down. This indicates people are finding other stores to visit, either due to closer proximity, lower prices, or better product selection.

Across the board, the year-over-year (YOY) sales growth rates are decreasing. This could be due to a variety of factors, such as changes in consumer behavior, increased competition, or an economic downturn.

Most of North America has negative same-store sales growth, with Canada seeing the lowest growth rates followed by Colorado and Nevada in the US.

Guest:
Rick Thompson, Executive Director at NORML of Michigan
https://www.linkedin.com/in/rick-thompson-a627b353

Host:
Josh Kincaid, Capital Markets Analyst & host of your cannabis business podcast.
https://www.linkedin.com/in/joshkincaid/

Episode 1,126 The #TalkingHedge...
Your Cannabis Business Podcast.
​Covering cannabis business news, interviews, investments, events, and more.
https://www.theTalkingHedgepodcast.com

Music Info:
Song: Beat | Keep On | 2020
Artist: Milochromatic Beats
&
Song: Dark Trap Beats Hard Rap Instrumental | Gang | 2018
Artist: LuxrayBeats

Keywords:
Cannabis News, Cannabis Business, Cannabis Pitch Deck, Investment Deck, Cannabis Data, Cannabis Banking, Cannabis Investment, Cannabis Stocks, Cannabis Analytics, Sales Data

This is only entertainment. This is NOT financial advice.