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

250 and counting: Greater Victoria leads Canada in Little Free Libraries

Capital now has the highest density of mapped little libraries in the country

Dip your sense of adventure in Vancouver Island’s Devil’s Bath

What’s reputed to be Canada’s largest cenote can be viewed near Port Alice

Our View: Talking to kids about drugs

Communication is even more vital in the wake of an apparent overdose death

B.C. manhunt suspects left cellphone video before they died: family

Two B.C. suspects of a Canada-wide manhunt reportedly recorded a cellphone video… Continue reading

North Island drug deaths spike, rate second-highest in B.C.

Area spanning north from Comox Valley trails only Vancouver in fatal overdose rate

Disney Plus to launch in Canada in November

Analysts say latest streaming service may escalate cord cutting

Parksville man, 75, goes missing from north Nanaimo home

Police dog services called in to help with search

Restrictions ordered to save fish in parched Cowichan Valley river

Province says Koksilah River fish populations under threat due to low water flows

Tow strap trips up Victoria cyclist

Police looking for witnesses to incident where cyclist hit line connecting vehicles

North Island wildfire listed as out of control

But Sara Lake blaze near Port Alice expected to be under control soon

Okanagan bus driver assaulted for asking patron not to smoke

59-year-old in hospital with non-life threatening injuries

Graffiti clean up costs Victoria businesses roughly $1M a year

Business association teams up with city in campaign to reduce graffiti in downtown

PHOTOS: Hundreds welcome HMSC Regina home to Vancouver Island

Navy ship returns to Esquimalt after nearly 6 months at sea

Most Read