CA$452 Million in Legal Marijuana Sold in Canada in November, Year-to-Date Total Now CA$4.8 Billion

In Canada, there was CA$452 million in legal marijuana sold in November, bringing the year-to-date total to almost $5 billion.

There was CA$452.8 million in marijuana sold via legal outlets in Canada in November, a slight increase from the $450 million sold in October, according to data released by Statistics Canada.

The year-to-date total for marijuana sales in Canada is now around $4.8 billion.

Ontario had the largest share of marijuana sales for the month with CA$180 million sold. Alberta came second in sales with CA$79 million, followed by British Columbia at $68 million and Quebec at $59 million.

Canada legalized marijuana in 2018, with the first licensed retail store opening in 2019. The law permits those 18 and older to purchase and possess up to 30 grams of cannabis or 10 grams of cannabis concentrates, and allows households to grow up to four plants for personal use.

Currently, there are over 4,000 licensed cannabis retail outlets across the country. Cannabis products are subject to an excise tax before they reach consumers, who also pay a provincial sales tax that ranges from 5% to 15%. Flower and pre-rolls are taxed at either a flat rate of CA$1 per gram (approximately $0.72 USD) or 10% of the wholesale price per gram, whichever is higher.

Thank you for reading The Marijuana Herald! You can sign up for news updates using the form below.