Canadian retail cannabis sales set record, shares rise
Published
Sep 23 2021 at 2:16 PM GMT
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- Shares of Canadian cannabis companies rose on Thursday after Statistics Canada reported record sales in July.
- New Cannabis Ventures reported that July retail sales for the country reached C$338.9 million, up 6% from June.
- Sales for July rose 45.6% from a year ago.
- Shares of Tilray Inc rose 3 2%, Canopy Growth advanced by 3 4%, Aurora Cannabis gained 3 1% and Village Farm International added 3 5%.
- Sitting out the gains, Ayr Wellness dipped 0 3%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move.
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- Published Sep 23, 2021 2:16 PM GMT