Statistics Canada says cannabis sales in November were up just over 25 per cent from $43.1 million recorded in October. (Pixabay)

Cannabis sales up 25% in November as overall retail sales fall 0.9%

Cannabis store sales totalled $54 million in the first full month of legal recreational pot sales

Cannabis store sales totalled $54 million in November, the first full month of legal recreational pot sales, according to Statistics Canada.

The cannabis sales in November were up just over 25 per cent from $43.1 million recorded in October, which included roughly two weeks of legal pot sales after Canada legalized cannabis for adult use on Oct. 17.

READ MORE: One-third of pregnant women think cannabis won’t harm their baby, UBC study says

“Data for this Canadian industry are presented in unadjusted form as there is no seasonal pattern established by official statistics yet,” Statistics Canada said Wednesday.

Pot stores saw the biggest percentage increase in sales amongst the retail sectors tracked with every other group showing a single digit increase or decrease.

Overall retail sales across Canada slipped 0.9 per cent to $50.4 billion in November. Economists had expected a drop of 0.6 per cent, according to Thomson Reuters Eikon.

The latest data comes as cannabis retailers continue to grapple with a supply crunch more than three months after recreational pot was legalized.

Government-run entities tasked with sales and distribution of adult-use pot have said they have received less product than expected and warned that the shortages could linger for months.

Meanwhile, overall retail sales across Canada fell more than expected as sales at gasoline stations and motor vehicle and parts dealers dropped.

Excluding gasoline stations and motor vehicle and parts dealers, retail sales increased 0.2 per cent, Statistics Canada said.

Overall, sales were down in six of 11 subsectors, representing 75 per cent of retail trade.

Retail sales in volume terms fell 0.4 per cent, the agency said.

The Canadian Press

Like us on Facebook and follow us on Twitter

Just Posted

Snowfall warning continues for parts of B.C.’s Interior

First significant snowfall of the season prompts Environment Canada warning

Northwest B.C. wildlife shelter rescues particularly tiny bear cub

Shelter co-founder says the cub weighs less than a third of what it should at this time of year

RCMP investigating assault on a 17-year-old in Vanderhoof

Vanderhoof RCMP are seeking witnesses to an assault that occurred in the… Continue reading

Former Burns Lake mayor gets two years for sexual assaults against minors

Banned from taking work involving young people for five years

Prince Rupert man who killed foster parents in 2017 receives three-year sentence

A Prince Rupert man convicted in the deaths of his foster parents… Continue reading

VIDEO: SNL skewers Trudeau’s mockery of Trump in high school cafeteria sketch

The three world leaders won’t let Trump sit at the cool kids’ table

B.C. universities post $340 million worth of surpluses thanks to international student tuition

Students call for spending as international enrolment produces huge surpluses at many universities

Conservatives urge Morneau to deliver ‘urgent’ fall economic update

Morneau says the first thing the Liberals plan to do is bring in their promised tax cut for the middle class

INFOGRAPHIC: How much money did your local university or college make last year?

B.C. university and colleges posted a combined $340 million surplus in 2018/19

B.C. creates $8.5M organization to improve safety for health care workers

Group will bring together unions, province, health care organizations

Kovrig clings to humour as ‘two Michaels’ near one year in Chinese prison

Their detention is widely viewed as retaliation for Canada’s arrest of Chinese high-tech scion Meng Wanzhou

B.C. VIEWS: An engine that hums right along

First Nations are leading a new surge of investment in B.C.

Brain injury from domestic abuse a ‘public health crisis,’ says B.C. researcher

Nearly 80% of the domestic violence victims who reported to police last year were women

Most Read