Canadian exports of medical cannabis oil jumped fivefold in 2019
Canadian-produced medical cannabis oil reached more international shores than ever last year as businesses look to leverage their first-mover advantage in new overseas markets.
Chart: Medical marijuana sales in Oklahoma near $300 million in first five months of 2020
Already one of the largest and fastest-growing markets in the country, Oklahoma’s medical marijuana industry broke sales records in both April and May as consumers stocked up on products amid the coronavirus pandemic.
Canada exported record amount of dried cannabis in 2019, but mostly to one market
Canadian businesses exported more dried medical cannabis than ever last year, but that growth is expected to be challenged when the country’s main export destination – Germany – initiates local production later this year.