Retail sales of legal adult-use cannabis in Canada tumbled by 11.5% from December to January, totaling 400.1 million Canadian dollars ($294.2 million).
Statistics Canada’s cannabis sales figure for December 2023 was revised to CA$451.8 million, up from the previous figure of CA$441.2 million.
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That monthly data revision increases Canada’s full-year 2024 recreational cannabis sales total to CA$5.08 billion (previously CA$5.07 billion).
On a year-over-year basis, January cannabis sales grew by 1.2% compared to January 2023.
Month-over-month sales shrank in every Canadian province and territory tracked by Statistics Canada, which excludes the Northwest Territories and Nunavut.
The sales decline from December to January was especially precipitous in Ontario, where sales shrunk by 14.8% to CA$156.8 million.
January sales totals and month-over-month sales declines
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