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

RELATED: City of Victoria passes new cannabis retail bylaw

RELATED: Oak Bay considers banning the retail sale and commercial production of cannabis

RELATED: Cannabis plant sets sights on Saanich

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

Five Halloween activities for adults to celebrate the spooky season

Halloween isn’t just for little ghouls in Greater Victoria

Central Saanich changes incentives for housing developments

Changes shift incentives for some developments from development cost charges to building permit fees

Monarchist League of Canada calls Sidney’s removal of Queen’s portrait ‘lamentable’

Sidney Mayor Cliff McNeil-Smith has since issued apology over removal

Sidney Mayor Cliff McNeil-Smith issues apology over removal of Queen portrait

Sidney Mayor Cliff McNeil-Smith has apologized for changes in the decor of… Continue reading

VIDEO: Explosion, fire sends woman running from Saanich home

Heavy smoke in the area, crews on scene

Canucks hang on for 3-2 win over Rangers in New York

Vancouver scores three times in first period

More beef products recalled due to possible E. coli contamination

The food safety watchdog has been investigating possible E. coli 0157:H7

B.C. VIEWS: How to get the best deal on your ICBC car insurance

ICBC slowly being dragged into the 21st century

Pot legalization has gone ‘well’, but ‘yellow flags’ on vaping: task force chair

Canada legalized cannabis for non-medical use on Oct. 17, 2018,

ELECTION 2019: Federal leaders hit final 24 hours of campaign

Many leaders remain in B.C. for the final hours of the campaign

Jack’s Devils beat Quinn’s Canucks 1-0 in NHL brother battle

New Jersey youngster scores first career goal against Vancouver

Two charged after owner’s wild ride through Kamloops in his stolen truck

Crystal Rae Dorrington, 37, and Derrick Ronald Pearson, 32, facing multiple charges

Most Read