Ontario Cannabis Market

<p>There have been a variety of conflicting reports covering Ontario sales trends over the last.</p><p>For starters, Ontario stands as the largest province for total cannabis sales throughout Canada. Revenue growth has been healthy since the market launched, with $165M in total sales in April 2022. </p><p>While total sales are increasing, prices of products are decreasing with price compression impacting larger categories. </p><p>This price compression was mainly driven by increased competition as more retailers opened stores. The growing number of stores also had a negative impact on the average revenue of individual retailers in Ontario. </p><p>For example, when examining a sample of 100 retailers that were open during April 2021 and April 2022, the median store saw a 14% decline in sales year over year. </p><p>Episode 984 The #TalkingHedge dives into Headset’s data…</p><p>#CannabisIndustry #CannabisData #MarijuanaData #CannabisAnalytics #MarijuanaAnalytics #CannabisSalesData #MarijuanaSalesData</p><p><a href="https://youtu.be/d89lPGJ9l6w">https://youtu.be/d89lPGJ9l6w</a></p>