Ontario’s legal marijuana market brought in over $164 million in sales in February, representing a notable increase over the previous year.
According to data compiled and released by the research firm Headset, Ontario’s licensed marijuana stores sold $164.66 million in marijuana and marijuana products in February, a 13% increase over the CA$145 million sold in February 2024. The $164.66 million in sales resulted in approximately $36 million in tax revenue.
Alberta, Canada’s next top province in terms of total marijuana sales, also experienced an uptick in sales compared to last year, albeit not as drastic. In February, Alberta’s marijuana market had $76 million in sales, a 6.7% increase from the previous February.
In February, the average price per gram of dried marijuana in Ontario increased slightly, from $9.49 to $9.77. The average price in February 2024 was $9.50.
The average cost for a gram of concentrates was $33.29, and the average cost for an edible with 10mg of THC was $4.58. The top-selling strain for the month remained GMO Cookies.
Recreational marijuana has been legal in Ontario since 2018, when Canada enacted a law allowing those 18 and older to purchase, possess and use cannabis.
