Retail cannabis sales in Canada declined solely barely despite the COVID-19 pandemic, falling 0.6% from March’s document excessive to 180.1 million Canadian {dollars} ($132.7 million) in April.

The new month-to-month retail sales knowledge from Statistics Canada bode effectively for Canada’s cannabis trade, exhibiting continued demand for regulated adult-use marijuana even because the nation’s non-cannabis retail sales collapsed, declining 26.4% on a month-to-month foundation.

However, the relative power in month-to-month cannabis sales was not constant throughout all of Canada’s 10 provinces.

In the nation’s largest market, Ontario, cannabis sales fell by 9.6% on a month-to-month foundation to CA$42.Eight million.

Cannabis retailers in Ontario had been compelled to shut in April due to an emergency order early in the month however had been later allowed to reopen with curbside pickup and residential supply.

Mimi Lam, co-founder and CEO of Ottawa, Ontario, cannabis retailer Superette, mentioned her retailer’s sales declined about 50% from March to April because the store shifted to pickup and supply solely, then rebounded in May.

Lam attributed a few of that lower to being unable to simply accept money transactions, which traditionally have comprised about one-third of Superette’s sales.

“Because people aren’t able to use that method of payment, a lot of them have not converted to online payments for whatever reason that may be,” she mentioned.

Quebec, the nation’s second-largest market by inhabitants, skilled a 9% month-to-month enhance in sales to simply over CA$41 million.

Cannabis sales development was flat in British Columbia, shrinking by 0.2% to CA$23.6 million.

In March, the province allowed regulated cannabis shops to start out accepting product reservations on-line. However, cost needed to be performed in-store. BC Cannabis Stores – run by the province – operates an e-commerce monopoly.

In Alberta, month-to-month sales grew by 4.7% to $42.2 million.

Alberta is Canada’s fourth-largest province however has far and away essentially the most retail cannabis shops in the nation at 480.

In Alberta’s capital of Edmonton, Mind-Full The Cannabis Store proprietor Norm Hollingsworth mentioned his store stayed open all through April.

He mentioned sales remained regular after a major enhance in March as clients hoarded cannabis.

“It doesn’t surprise me because, talking to our customers, they had nothing else to do,” Hollingsworth mentioned.

“You can’t sit there and drink all day, you’ll kill yourself. You can sit there and smoke a joint all day.”

Monthly sales development in Canada’s smaller markets was additionally uneven.

  • Manitoba: CA$6.Three million (down 8.5%)
  • Saskatchewan: CA$9.Three million (up 5.6%)
  • Nova Scotia: CA$5.6 million (down 13.3%)
  • New Brunswick: CA$5.5 million (up 9.5%)
  • Newfoundland and Labrador: CA$2.5 million (down 17%)

Canada’s smallest province, Prince Edward Island, was the worst-performing marketplace for retail cannabis sales in April.

Monthly cannabis sales on the island province shrank by 63.7% to CA$435,000 after provincial shops had been closed in mid-March and stayed shuttered till May.

A month-to-month breakdown of Canada’s adult-use cannabis sales is available here.

Solomon Israel will be reached at [email protected]

For extra of Marijuana Business Daily’s ongoing protection of the coronavirus pandemic and its results on the cannabis trade, click on right here.

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