Canadians bought just $1.2-billion worth of legal weed in 2019, but sales ended the year strong

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The number fell well short of expectations but appears set to grow significantly in 2020

Canadians spent $1.2 billion on non-medical cannabis in the first full calendar year since legalization, a number that fell well short of expectations but that appears set to grow significantly in 2020.

In Alberta, where there are over 300 brick-and-mortar retail stores, sales were up 8.4 per cent to $32.3 million. Cannabis sales data to date has only included sales of dried flower and diluted oils, given that cannabis 2.0 products — vape pens, edibles and topicals — only became legal in Oct. 2019, and first started being available for purchase in stores in early January.

Pablo Zuanic, a pot analyst at Cantor Fitzgerald called the December sales figures a “good end to the year,” given various regulatory restrictions like the late legalization of 2.0 products as well as the slow retail rollout across Ontario.

 

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I love driving to a distant dispensary, parking, lining up, and paying inflated prices for inferior weed. So much better than getting superior black market stuff delivered to my door.

Thank God police prefer gangs and drug cartels to regulate and distribute crack, cocaine and heroin. Remember to tell your teens that they need to ID for hard drugs, all they gotta do is say yes and they can have all the drugs they can handle and then some 😆

Make it better and cheaper than black market....haven't done that yet...that 1.2 was people sampling the product, not using it as their main go to

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