Cannabis Sales Generate $43M In 2 Weeks After Legalization in Canada

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In just two weeks after full legalization of cannabis in Canada took effect, $43 million in revenues were generated. According to a recent article citing Statistics Canada:

Statistics Canada says sales at cannabis stores in the two weeks after legalization totaled $43 million.

 

The agency started collecting data for in-store and online sales from cannabis retailers as of Oct. 17, when fresh or dried bud, oil, plants and seeds became legal for recreational use in the country.

This number does not include sales of edibles, which is still not legal in Canada. Widespread shortages of cannabis supplies throughout various regions in Canada ultimately impact these revenues and any future projections.

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