Sales of legal adult-use cannabis in Canada declined 2.9% from January to February, new government retail sales data show.
Total monthly sales were 336.4 million Canadian dollars ($265.4 million), marking two months of consecutive sales declines since December.
The January sales total was revised downward slightly to CA$346.5 million.
As in January, cannabis retail sales declined on a monthly basis in every province except two: Ontario, the largest provincial market, and Saskatchewan.
Ontario sales grew by 4.5% month-over-month to CA$142.6 million, or 42.4% of the national total.
Saskatchewan sales increased by 1.5% over January to CA$14.7 million.
In order of market size, February retail sales and monthly sales declines in the remaining provinces were:
- Alberta: CA$58 million (-5.4%)
- British Columbia: CA$46.3 million (-7.1%)
- Quebec: CA$41.9 million (-12.5%)
- Manitoba: CA$12.1 million (-7.6%)
- Nova Scotia: CA$7 million (-9.3%)
- New Brunswick: CA$5.8 million (-9.6%)
- Newfoundland and Labrador: CA$4.7 million (-15.9%)
- Prince Edward Island: CA$1.6 million (-11.7%)
Monthly sales in Yukon Territory were CA$758,000, a 6.2% monthly decline.
Business leaders need reliable industry data and in-depth analysis to make smart investments and informed decisions in these uncertain economic times.
Get your 2023 MJBiz Factbook now!
- 200+ pages and 50 charts with key data points
- State-by-state guide to regulations, taxes & opportunities
- Segmented research reports for the marijuana + hemp industries
- Accurate financial forecasts + investment trends
Stay ahead of the curve and avoid costly missteps in the rapidly evolving cannabis industry.
In selected Canadian cities, February cannabis sales and monthly changes were:
- Toronto: CA$47.4 million (+1.8%)
- Montreal: CA$22.9 million (-11.3%)
- Edmonton, Alberta: CA$19.8 million (-4.2%)
- Vancouver, British Columbia: CA$16.3 million (-6.2%)
- Calgary, Alberta: CA$16 million (-8.2%)
- Ottawa, Ontario: CA$14.1 million (+3.2%)
- Winnipeg, Manitoba: CA$7.8 million (-12%)
- Quebec City: CA$4.4 million (-15.6%)
- Gatineau, Quebec: CA$1.3 million (-8.9%)
Statistics Canada expects to release retail trade data for March on May 26.