Pot Vape Race Heats Up as Store Count Grows: Cannabis Weekly
- Canada’s market for vapes could be as big as C$600m, Pax says
- Imperial Brands sees opportunity for further investment
Cannabis vaporizer products on display at a store in Ontario, Canada.
Photographer: David Kawai/Bloomberg
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Ontario will triple its pot-store count beginning in October, just two months before the introduction of new product formats that are expected to significantly boost sales in Canada’s most-populous province.
While chatter about the next wave of legalization in Canada tends to focus on products like edibles and beverages, many of the biggest players entering the space say consumers will opt for the more conventional format of vapes.