An Update On Cannabis Market

One year after the legalization of recreational use of cannabis in Canada, and following up on the previous discussion of those public companies gathering partners/supports, ramping up production and declines in ASP, here is an another snapshot as of 2019 Q3.

The number of kilograms sold is soaring.

But ASP keep falling.

And here is the graph for aggregated market cap of cannabis companies as of 11/15.