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

Residents welcomed to new Habitat for Humanity homes in Campbell River

New homeowners received keys during ceremony at affordable housing development

Police make arrest after report of a man brandishing a gun at Campbell River-area lake

43-year-old man from the Comox area has since been charged with multiple offences

Campbell River’s Brind’Amour reflects on year one as NHL coach

Hurricane legend speaks about the season, the Storm Surge and life in Carolina

Georgia Park students keeping their heads up after another case of vandalism

Bird and bee houses torn off the trees and smashed, but the kids bounced back and put more up

Brind’Amour/Nugent-Hopkins golf tourney in Campbell River raises $122,000

Fundraiser for cystic fibrosis has raised roughly $1.8 million since it started 24 years ago

VIDEO: Firefighters stop blaze from spreading after BMW crashes at Saratoga Speedway

Victoria-based businessmen were ‘corner training’ on Father’s Day when incident took place

Man to be sentenced for sexual abuse of young girl in Nanaimo

Stephen Mark Castleden also sentenced for child pornography-related charges

MPs hear retired B.C. nurse’s petition to change compensation for fatal medical errors

Teri McGrath wants provinces to implement no-fault system for medical errors

Horgan says he’ll still defend B.C. coast after second Trans Mountain approval

Meanwhile, one B.C. First Nation has announced plans for a legal challenge

Demonstrators on either side of Trans Mountain debate clash in Vancouver

Crowd heard from member of Indigenous-led coalition that hopes to buy 51% of expansion project

Grieving B.C. mom hopes Facebook message leads to new investigation into son’s Surrey homicide

Criminal Justice Branch didn’t lay charges, concluding no substantial likelihood of murder or manslaughter conviction

Ginger Goodwin’s Cumberland cemetery grave desecrated

Just days before the Miners Memorial weekend, Ginger Goodwin’s grave has been… Continue reading

B.C.’s measles vaccination program gains traction in May

More than 15,000 doses of the MMR vaccine has been administered across the province

B.C. farmers concerned Agricultural Land Reserve changes choking their livelihood

Dozens voice concerns at special meeting hosted on Vancouver Island

Most Read