Canadian cannabis sales get rate to CA$ 270 million in October

Canadian adult-use marijuana sales reached 270 million Canadian dollars ($ 211.7 million) in October, as the rate of regular monthly sales development sped up to 5.1%.

The regular monthly sales figures indicate a yearly run rate of approximately CA$ 3.24 billion for Canada’s leisure cannabis sector.

Data Canada’s last retail sales information release of 2020 continued Canada’s primarily upward consecutive regular monthly pattern for cannabis sales this year, in spite of the COVID-19 pandemic and problems dealing with the nation’s greatest manufacturers.

Ontario led the charge in regards to regular monthly sales development, with October sales increasing by 7.6% over September to CA$ 83.9 million.

The next-largest province by population, Quebec, reported sales of CA$ 48 million, a 6.7% month-over-month boost.

Alberta, which has the most certified cannabis shops of any Canadian province, kept its area as the nation’s second-biggest marijuana market with regular monthly sales increasing by 5% to CA$ 56.4 million.

Month-to-month marijuana sales grew at a more modest 2.8% in British Columbia, reaching almost CA$ 38 million.

In the meadow province of Saskatchewan, sales grew by 2.2% on a regular monthly basis to CA$ 13.8 million.

Surrounding Manitoba reported 4.7% regular monthly sales development, to CA$ 9.8 million.

In Newfoundland and Labrador, regular monthly leisure marijuana sales increased by 4.6% to CA$ 3.9 million.

Nevertheless, regular monthly sales diminished in Canada’s 3 other Atlantic provinces, as follows:

  • Nova Scotia: CA$ 7.3 million (-4.1%).
  • New Brunswick: CA$ 6.2 million (-3.5%).
  • Prince Edward Island: CA$ 1.7 million (-0.8%).

October sales amounted to CA$ 383,000 in the Northwest Territories, and CA$ 739,000 in Yukon Area. Sales figures for the area of Nunavut were not available.

Data Canada adjusted September’s marijuana retail sales total to CA$ 257 million, up from the formerly reported figure of CA$ 256.3 million.

The federal government stats bureau’s complete retail cannabis information for October can be discovered here.

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