Nova Scotia sold $29.1 million worth of cannabis in its first quarter of 2023, from April 1, 2023-July 2, 2023. 

This represents a 6.7 percent increase in cannabis sales compared to the same period last year. 

Nova Scotia cannabis sales led growth in local products sold through the Nova Scotia Liquor Corporation (NSLC), with a 22.2% increase in sales to $9.5 million. 

Nova Scotia cannabis accounted for 32.6 percent of all cannabis sales in the province, which NSLC says is the largest seen to date. The province has said in the past that it is focussing on partnering with local cannabis producers to help fight the illicit market.

The price of cannabis sold in the province also continues to decline.

“This quarter, the average price of cannabis per gram was further reduced 2.1 percent to $6.02, compared to last year, as we work to impact illicit sales in the province,” said NSLC president and CEO Greg Hughes. 

The average price per gram in Nova Scotia was $6.94 in their fiscal year-end report for 2021-2022.

The NSLC manages the sale of beverage alcohol and cannabis in Nova Scotia, with all of its profits going to help fund public services. 

The NSLC released their year-end annual report earlier this year, with more than $100 million worth of cannabis sold. 

Nova Scotia lists 49 authorized cannabis stores.

Related Articles

Canadian retail cannabis sales passed $420m in June 2023

August 23, 2023

Local products, more stores help increase cannabis sales in Nova Scotia

August 24, 2022

More than $100 million of cannabis sold in Nova Scotia last year 

June 13, 2023