Canadian Retail Cannabis Sales Grow by Over 4% in January | The Motley Fool

  • On Friday, Statistics Canada released its latest set of economic data, revealing that sales of licensed cannabis increased by 4.3% in January on a month-over-month basis.
  • In the coming months, investors will certainly keep their eyes on the development of licensed cannabis sales in Canada.
  • The performance of Canada-based cannabis stocks was mixed in the wake of Statistics Canada’s new figures.
  • On Friday, Canopy Growth shares rose 9% against a general stock market slump.

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