Cannabis sales continue to increase in Nova Scotia, with local products now more than 30% of sales

| Staff

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.

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