Canadian bank slashes cannabis sales forecast to CA$2.5 billion for 2020

On: April 27, 2020

One of Canada’s largest banks trimmed almost a billion dollars off its 2020 forecast for adult-use cannabis sales, mostly because of issues arising from a slow rollout of regulated stores in key provincial markets as well as locations shuttered because of the COVID-19 pandemic. CIBC Capital Markets, the investment banking subsidiary of the Canadian Imperial Bank […]

Canadian bank slashes cannabis sales forecast to CA$2.5 billion for 2020 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs

Previous Post: Marijuana tech firm Omura raises $5 million, adds Linton as adviser

Next Post: Sweeping Weedmaps subpoena underscores US government’s continued scrutiny of marijuana industry

Comments are closed, but trackbacks and pingbacks are open.