Statistics Canada says cannabis sales topped $43 million during the two-week period following legalization. (Black Press File).

Cannabis sales topped $43 million in first two weeks after legalization

Overall retail sales remained sluggish

Figures Statistics Canada released last month show that cannabis sales topped $43 million during the two-week period following legalization.

Statistics Canada said differences across provinces and territories shaped sales figures. Some provinces (such as Ontario) have monopolized the retail of recreational cannabis, while others (British Columbia) use a mixed model of public and private stores, with the proviso that the number of private retail stores remains small.

RELATED: Puff, puff, pass: Cannabis is officially legal across Canada

Overall, retail sales rose 0.3 per cent to $51 billion in October. Higher sales at motor vehicle and parts dealers and gasoline stations mainly contributed to the gain. Excluding these two subsectors, retail sales declined 0.4 per cent.

RELATED: Pot industry employs more than 10,000 people across Canada

Figures from Stats Canada also show employment in cannabis-related jobs rose 266 per cent to an estimated figure of 10,400 in November 2018. The increase reflects Canada’s legalization of non-medicinal cannabis on Oct. 17, 2018. By comparison, cannabis-related industries employed 1,829 individuals in July 2017.


Like us on Facebook and follow us on Twitter

wolfgang.depner@saanichnews.com

Just Posted

Parmedics union raises alarm over spike in out-of-service ambulances

Staffing shortages affecting service levels in Kootenays

Update: Car located in Pend d’Oreille River, teenagers remain missing

A fundraiser has been set up at Kootenay Savings in Fruitvale to help support the family

Award winning documentary to be screened in Nelson

‘The Bikes of Wrath’ will run April 5 and 6 at The Front Room

LETTER: Clean water is a right for First Nations

From readers Sandra Hartline and Keith Wiley

Winlaw Elementary to get new playground

It’s being funded by the provincial government

Five highlights in the 2019 federal budget

Latest budget includes a sprinkling of money for voters across a wide spectrum

Facebook to overhaul ad targeting to prevent discrimination

The company is also paying about $5 million to cover plaintiffs’ legal fees and other costs

B.C. mosque part of open-house effort launched in wake of New Zealand shootings

The ‘Visit a Mosque’ campaign aims to combat Islamophobia

‘That’s a load of crap’: Dog poop conspiracy spreads in White Rock

Allegation picked up steam through a Facebook page run by a city councillor

Explosives unit brought in after suspicious boxes left at B.C. RCMP detachment

Nanaimo RCMP issues all clear after packages were found on lawn earlier in the day

Avalanche control tomorrow on Highway 1

Expect closures of up to two hours east of Revelstoke

Newfoundland man caught after posting photo of himself drinking and driving

The 19-year-old took a photo of himself holding a beer bottle and cigarette while at the wheel

2019 BUDGET: As deficit grows, feds spend on job retraining, home incentives

Stronger economy last year delivered unexpected revenue bump of an extra $27.8 billion over six years

Carfentanil found in 15% of overdose deaths in January: B.C. coroner

Carfentanil is 100 times more powerful than illicit fentanyl and used to tranquilize elephants

Most Read