Medical Cannabis Sector Regains Footing In Canda

MJ Biz reports..

The number of active medical cannabis registrations in Canada grew at the fastest pace in nearly three years during the latest quarter, defying predictions that the medical sector would fizzle after adult-use prohibition came to an end.

Canada added 73,803 active client registrations with a federal license holder for the quarter covering July, August and September, according to new data from the federal department responsible for regulating the industry.

That’s 25% more than the previous quarter.

The previous time active registrations grew at that pace was in the first half of 2017 – more than a year before Canada legalized marijuana for recreational use.

However, household expenditures on medical cannabis products in the same quarter fell slightly to 146 million Canadian dollars ($113 million), according to new Statistics Canada data.

Read full article.

Medical cannabis registrations surge in Canada amid pandemic


Primary Sponsors

Karma Koala Podcast

Top Marijuana Blog