Canadian Cannabis Sales Hit Another Record – Which Province Sold The Most?
By Jelena Martinovic
According to Statistics Canada, cannabis sales in Canada totaled CA$382.4 million ($301 million) in December, up 8.5% from November.
Sales increased by 28.5% year-on-year due to an increase in the number of shops and falling flower prices.
Photo by madsci/Getty Images
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Hifyre IQ has estimated January sales 8% lower — 5.7% below actual December levels and 29% higher than a year ago.
Ontario retailers sold the most cannabis, with sales rising 5% monthly and 68% year over year to CA$155 million.
In Alberta, Canada’s second-largest most populous province, cannabis sales were up 11% from November and 3% year over year. Quebec’s cannabis sales are up 14% month-on-month and 9% year-on-year.
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British Columbia saw cannabis sales grow 510% mom and 22% year over year in December.
product categories
Hifyre IQ estimated that product categories have shifted towards non-flower products, registering a record 30% in December versus 28.5% in November.
Additionally, the data analytics provider predicts that non-floral products are down 29.5% due to a reduction in the edibles category.
This article originally appeared on Benzinga and has been republished with permission.
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