Canadian cannabis sales rebound in March to CA$405.5 million

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Consumer sales of recreational cannabis products rose in every Canadian province in March 2023, according to newly released data by Statistics Canada.

Sales rebounded strongly to 405.5 million Canadian dollars ($300 million), up 11.3% from the previous month and 12.8% compared to the same period last year.

It’s the second time Canada’s cannabis sales surpassed the CA$400 million threshold. December 2022’s sales were CA$425.9 million.

Sales in March 2023 were led by Ontario – Canada’s most valuable market – where cannabis sales rose 12% to CA$158.9 million.

Ontario’s sales accounted for 40% of the country’s consumer cannabis revenue, which is roughly proportional to its population in Canada.

After Ontario, the second-biggest consumer cannabis market was Alberta.

Alberta’s recreational marijuana sales increased 11.2% in March over the previous month to CA$72.3 million.

In the remaining provinces, monthly marijuana sales and month-over-month changes were as follows:

  • British Columbia: CA$63.4 million (+11.5%)
  • Quebec: CA$50.7 million (+12.6%)
  • Manitoba: CA$15.9 million (+10.6%)
  • Nova Scotia: CA$9.5 million (+11.8%)
  • New Brunswick: CA$6.2 million (flat)
  • Newfoundland: CA$6.1 million (+1%)
  • Prince Edward Island: CA$1.9 million (+12%)
  • Saskatchewan: CA$18.7 million (+1%)
  • Yukon: CA$925,000 (+17%)

Statistics Canada did not report cannabis sales for the Northwest Territories and Nunavut.

By city, Toronto was the frontrunner with CA$52.4 million in consumer cannabis sales in March, an increase of 11% over February.

Montreal came second with CA$27.6 million in sales that month, up 12.8%.

March cannabis retail sales in select Canadian cities and monthly sales changes were:

  • Edmonton, Alberta: CA$24.3 million (+11.4%).
  • Vancouver, British Columbia: CA$20.5 million (+10.9%).
  • Calgary, Alberta: CA$20 million (+11%).
  • Ottawa, Ontario: CA$14.3 million (+20%).
  • Winnipeg, Manitoba: CA$9.6 million (+9.1%).
  • Quebec City: CA$4.7 million (+15.6%).
  • Gatineau, Quebec: CA$1.3 million (+11.4%).

Statistics Canada’s cannabis retail sales data is available here.