Total recreational cannabis revenue top over $364 million

Setting a new annual record in the recreational sector based on the data from Stat's Canada.

Legal revenue generated of recreational cannabis topped over 370 million Canadian dollars a new annual record. Even with major organizations pulling out like Emerald, the industry keeps pushing forward. With the cannabis industry opening up new positions and educating the general public of the incredible benefits, the growth opportunities are endless.

Statistics Canada stated monthly recreational cannabis sales increased in all provincial markets, except New Brunswick, where sales dropped by 2.8% to $7.1 mil.

Ontario, the largest provincial market, consumed more than $145.7 mil worth of regulated cannabis, month-over-month spike of 3%.

Alberta purchased $63.2 mil on cannabis in Oct, a 4.1% increase.

Quebec, monthly sales climbed by 2.3% to $52.5 mil.

In the remaining provinces, October sales and monthly sales growth were:

• British Columbia: $50.5 mil (+2.7%)

• Manitoba: $13.9 mil (+0.6%)

• Saskatchewan: $13.8 mil (+1.5%)

• Nova Scotia: $8.1 mil (+0.6%)

• Newfoundland and Labrador: $5.7 mil (+7.6%)

Unfortunately there was no stats on any of Canada's smallest province, Prince Edward Island, or the north west territories.

Cannabis retail sales in selected Canadian cities were in October:

• Toronto: $49.5 mil (+4.7%)

• Montreal: $27.2 mil (+3.4%)

• Edmonton, Alberta: $21.7 mil (+5.2%)

• Calgary, Alberta: $17.5 mil (+3.8%)

• Vancouver, British Columbia: $16.6 mil (+3.3%)

• Ottawa, Ontario: $14.5 mil (-0.4%)

• Winnipeg, Manitoba: $9.3 mil (+1.1%)

• Quebec City: $5.9 mil (+2.9%)

• Gatineau, Quebec: $1.8 mil (+2.6%)

Statistics Canada’s cannabis retail sales report available here.