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Canadian adult-use cannabis sales rebounded to a record $372 million in April

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Canadians purchased a record C$372.4 million ($287 million) worth of regulated adult-use cannabis products in April, according to new data from the country's Bureau of Statistics. That brought the country's recreational marijuana sales to C$1.4 billion in the first four months of the year. Sales in April were 3.7 per cent higher than in March, thanks largely to $150.2 million in adult-use revenue in Ontario, according to Statistics Canada. On a percentage basis, Quebec led all provinces with an 18% year-over-year increase in April, with sales reaching $50.2 million. In the remaining provinces, total and like-for-like sales in April were: Alberta: $64.7 million (+2.4%). British Columbia: $52.9 million (-6.2%). Manitoba: $15.5 million (+12.1%). By city, Toronto continued to lead the nation with $51 million in sales, up 5% from last month.


Information source: mjbizdaily.com/