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

Port Alice gets two RCMP officers stationed in the village

“The second Port Alice RCMP position has been filled”

B.C. storm totals $37M in insured damages

The December storm wreaked havoc on B.C.’s south coast

New look and feel on the horizon for Gate House Theatre in Port McNeill

“We are hoping between now and then to do another fundraising campaign for acoustics”

North Island Bantam Eagles capture Tier Three banner with win over Powell River Kings

The Eagles next game is Jan. 19 against the Juan De Fuca Grizzlies at 4:00 p.m. in Port McNeill.

Mainroad meets with Regional District of Mount Waddington

“It was really nice to have Mainroad there to give a presentation to the RD”

B.C. opioid crisis to get same world-renowned treatment approach as HIV/AIDS

A program that focuses on treatment as prevention will roll out Jan. 17

Overworked and understaffed: More than 300 vacancies in Vancouver Island nursing

Tentative deal with province includes ‘working short premium’ to encourage hiring

Olympian snowboarder Max Parrot diagnosed with Hodgkin’s lymphoma

Each year in Canada, approximately 900 people are diagnosed with Hodgkin’s lymphoma

‘Prince of Pot’ Marc Emery accused of sexual assault, harassment

Emery denied the allegations, but a Toronto woman says she is not the only one speaking out

Vancouver Island photographer makes National Geographic’s 2018 elite

Rare double honour for Marston from the 36 best Your Shots out of nearly 19,000 photos

Ex-Liberal candidate in Burnaby, B.C., says volunteer wrote controversial post

Karen Wang dropped out following online post singling out NDP Leader Jagmeet Singh’s ethnicity

Asteroids are smacking Earth twice as often as before

The team counted 29 craters that were no older than 290 million years

Canada’s arrest of Huawei exec an act of ‘backstabbing,’ Chinese ambassador says

China has called Canada’s arrest of Huawei chief financial officer Meng Wanzhou ‘politically motivated’

RCMP’s use of force in arrest of Island man not excessive, judge rules

Campbell River man high on cocaine led high speed chase through city’s downtown

Most Read