Canadian retail cannabis sales set record, shares risePosted by On


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,
+3.31%

rose 3.2%, Canopy Growth
CGC,
+3.25%

advanced by 3.4%, Aurora Cannabis
ACB,
+2.91%

gained 3.1% and Village Farm International
VFF,
+5.18%

added 3.5%. Sitting out the gains, Ayr Wellness
AYRWF,
+0.69%

dipped 0.3%.

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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,
+3.31%

rose 3.2%, Canopy Growth
CGC,
+3.25%

advanced by 3.4%, Aurora Cannabis
ACB,
+2.91%

gained 3.1% and Village Farm International
VFF,
+5.18%

added 3.5%. Sitting out the gains, Ayr Wellness
AYRWF,
+0.69%

dipped 0.3%.



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