Canada’s regulated recreational marijuana retailers sold 415.6 million Canadian dollars ($314.7 million) worth of cannabis in May, a 1.2% increase over April, with the province of Quebec posting the largest monthly gain.
Adjusting for the additional day in May, however, cannabis sales declined by roughly 2.1% between April and May.
ADVERTISEMENT
May recreational cannabis sales increased by 11.2% over the same month last year, according to federal data bureau Statistics Canada.
April’s recreational cannabis sales total was adjusted downward to CA$410.6 million.
The province of Quebec reported the largest month-over-month increase in retail sales of legal recreational cannabis, growing 7.9% from April to May to CA$52.5 million.
Monthly sales totals and month-over-month changes in the remaining provinces and the territory of Yukon were as follows:
Ontario: CA$162.5 million (+1.5%) Alberta: CA$74.3 million (+2.3%) British Columbia: CA$64.8 million (-5.4%) Saskatchewan: CA$19.2 million (+1.3%) Manitoba: CA$16 million
Read full article on Marijuana Business Daily
