Retail pharmacy sales of medicinal cannabis in Australia reached at least A$165 million in 2023, a 60% increase from 2022, indicating rapid industry growth. NostraData’s findings hint at the likelihood of industry consolidation. However, the reported figures may understate the actual market size, with top companies like MedReleaf and Cannatrek leading in market share. Queensland led in sales volume.
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Written by: Steve Jones
Published on February 1, 2024 at 10:29AM
Source: Cannabiz (opens in new tab)