Retail sales have continued to climb in Ontario as the province ramps up brick and mortar licenses, the array of products increase, and prices continue to decline, according to the newest quarterly report released today for July 1 to September 30, 2020.
retail cannabis
Ontario cannabis market continues to expand as new stores are added
Ontario’s cannabis market continues to grow, with a new report showing 14,000,000 grams in the first quarter of this year from April 1 – June 30, 2020, for a total of $126 million in sales.
Ontario sold 35 million grams of dried cannabis in its first full fiscal year of commercial operations
Ontario sold 35,100,000 grams of cannabis from April 1, 2019, to March 31, 2020, for a total of $385,100,000 in sales, according to a new yearly report released today.
Alberta retail location rebrands as Deep Discount Cannabis
One of Alberta’s cannabis retailers is undergoing a format change, with one Nova Cannabis location in Sherwood Park changing its name to Deep Discount Cannabis.
BC says cannabis rules apply to First Nations, but are concerned enforcement could lead to court challenges
One BC MLA says they want answers about what they say is uneven enforcement of provincial law when it comes to cannabis retailers on First Nations’ land in BC, while the BC government said the issue is complicated.
Handful of pot store closures in Alberta, but market nowhere near saturation say retailers
As pot store approvals in Alberta continue to climb, several cannabis retailers in the province appear to have closed their doors, at least temporarily. However, several retailers and industry participants say they don’t believe Alberta is anywhere near reaching a saturation point for retailers.
Alberta Cannabis Retail: The Wild West
With a population of 4.3 million, Alberta accounts for roughly 11.5 percent of the Canadian population, and with 466 cannabis providers listed on the Alberta Gaming, Liquor and Cannabis (AGLC) website, that’s a whole lot of access.
Legacy retailers in BC transitioning to the legal market
While legalization has created many new opportunities for people who were not previously involved with the cannabis industry, British Columbia is unique in how many cannabis dispensaries and retailers have successfully made the transition from the illegal to the legal market.
