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Canadian retail cannabis sales set record, shares rise

Shares of Canadian cannabis companies rose on Thursday after Statistics Canada reported record sales in July. New Cannabis Ventures reported that July retail sales for the country reached C$338.9 million, up 6% from June. Sales for July rose 45.6% from a year ago. Shares of Tilray Inc. (TLRY) rose 3.2%, Canopy Growth (WEED.T) advanced by 3.4%, Aurora Cannabis (ACB.T) gained 3.1% and Village Farm International added 3.5%. Sitting out the gains, Ayr Wellness dipped 0.3%.

-Steve Gelsi


(END) Dow Jones Newswires

09-23-21 1016ET

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