Canadian retail cannabis sales climb to monthly all-time high of $358.8M

at the time. That was reflected in the national total, which was down from about $346 million for January.This advertisement has not loaded yet, but your article continues below.As for March, the latest sales figures available, Ontario again tallied the most retail sales in the country at slightly less than $145 million, compared to $130.7 million in February. This represents 40.4 per cent of the national total.

As for the remaining provinces and territories, Statistics Canada reports that March sales in Saskatchewan were $14.9 million, $13.9 million in Manitoba, $8.1 million in Nova Scotia, $6.3 million in New Brunswick, $5.2 million in Newfoundland and Labrador, $1.8 million in P.E.I. and $844,000 in Yukon. Figures were not available for N.W.T. or Nunavut.Article content

“With edibles right now, that market has really been artificially constructed, because of those dosage restrictions,” Bethany Gomez, managing director of Brightfield Group, told“In Canada, that it makes it very difficult for that to be a scalable or attractive market.”Article contentshows smoking weed, at 74 per cent, was still the most common method for people who reported using cannabis in the past 12 months. That said, smoking was down from 79 per cent in 2020.

The report notes that between 2020 and 2021, the percentage of respondents using a vape pen or e-cigarette, drinking weed drinks and applying a cannabis topical were all up.Article contentIt’s not yet clear if more cannabis retail is needed to satisfy changing tastes, but concerns over the number of pot shops in Canada’s largest province persist.

TheGrowthOp To bad the stock market is taking a dump while pot is finally making money.

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