Ontario spent $42.7 million on legal cannabis last month

Jun 25 2020, 3:19 pm

It’s no secret that many Canadians enjoy cannabis, but it turns out those who live in Ontario might like it a little more than most.

Statistics Canada has released the breakdown of each province’s monthly cannabis spending, and Ontario has been showing some serious love to its cannabis retail industry.

According to StatsCan, $42.767 million in cannabis was sold in the province by retailers — a significant decrease from the $47.304 million it sold in April. This dip of over $5 million is one of several ups and downs experienced by Ontario’s cannabis industry sales figures.

There was also a large rush on retail sales in the early weeks of the quarantine, when the Province initially removed cannabis retailers from the list of essential businesses. Currently, pot shops are still able to offer delivery and click-and-collect services to customers, as allowed under Ontario’s emergency orders.

This is a remarkable increase over the same time last year, when Ontario only pulled in $22.821 million in cannabis revenue in May 2019.

While the province shelling out the most in May 2020 to get cannabis off a shelf is Ontario’s impressive $42.767 million, Alberta isn’t far behind with $42.222 million — not bad considering Ontario has over 10 million more people. Those are followed by Quebec in third at $41.045 million, followed by a steep drop to BC’s $23.645 million.

Peter SmithPeter Smith

+ Grow
+ News & Policy
+ Business