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CCELL anticipates booming prospect of Canadian market
Joe 2018-01-11


Canada’s sales of cannabis has more than tripled since the early 1990s, a dramatic shift in consumption habits that precedes the country’s experiment with marijuana legalization. Recreational cannabis will be available for all adults in licensed storefronts starting from next summer. According to the report from Bloomberg, assuming a price range of between $7 and $9 a gram, the Canadian marijuana market would be an estimated size of $4.8 billion dollars or thereabouts ($6.2 billion in Canadian dollars).




CCELL has decided to seize this opportunity by stepping into Canadian market with strong ambition. Sales and marketing elites were sent to Lift Expo Toronto 26th to 28th last month. 


The feedback from clients and end users is positive, and the outcome of this participation is fruitful. As the second Chinese exhibitor of Lift in this emerging market, CCELL has risen a lot of attention from large scale local distributors. Some of the potential cooperation partnerships are undergoing.


Some interesting facts that we have discovered from Lift reveals the traditional consumption habit of cannabis in Canada. Almost 70% of the exhibit products are related to dry herbs, which means huge space for development of extracted oil product due to its convenience, portability and easy-maintenance. We have every evidence to believe that CCELL will accelerate the process of extracted oil permeating the market.

 

Last but not the least, CCELL has confirmed to continue attending Lift Vancouver 2018 in next January. Looking forward to seeing all of our friends in Vancouver again! 



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2018-01-11
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