Tag: Canadian Imperial Bank of Commerce

Canada Marijuana Sales to Outpace Liquor Sales by 2020, Predicts Imperial Bank of Commerce

Marijuana sales in Canada are likely to outpace liquor sales by 2020, according to a report released by the Canadian Imperial Bank of Commerce (CIBC). “We believe that by 2020, the legal market for adult-use cannabis will approach $6.5 billion in retail sales”, claims the CBIC. “For context, this is greater than the amount of spirits sold in …

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