NEW PRODUCTS FACE AN “UPHILL BATTLE”
RBC Capital Markets analyst Douglas Miehem predicted vapes and edibles would only reach $250M in sales nationally this year. He said new products "could face an uphill battle in the first year of 2.0 product launches," though he predicted vape and edibles sales will hit $1.5B by 2022.
BNN Bloomberg
- Cannalyst Craig "GoBlueCDN" Wiggins questioned RBC's math, noting "$250 . . .
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