Canada exported 50% more marijuana in the most recent fiscal year than it did in the prior fiscal year, according to data released by Health Canada and first reported by MJBizDaily. In fiscal year 2022-23 Canada shipped CA$160 million ($118 million) worth of marijuana and marijuana products overseas. This is a substantial increase over the …
Tag: Canada
Aug 23 2023
Canada Marijuana Sales Jump to $426 Million in June, $2.4 Billion Year-to-Date
Canada marijuana sales in June saw a 12% increase from the year prior. In June licensed marijuana stores in Canada sold CA$426.6 million ($316.7 million) worth of marijuana and marijuana products. This includes dried flower prerolls and marijuana concentrates as well as marijuana-infused products such as edibles, tinctures and topicals. The CA$426 million sold in …
Jul 21 2023
Canada Legal Marijuana Sales Reach CA$415 Million in May
Canada saw a slight increase in legal marijuana sales between April and May, according to new data released by Statistics Canada, a government entity. According to Statistics Canada, legal marijuana stores throughout the nation sold CA$415.6 ($314.7 million) worth of marijuana and marijuana products. This is a 1.2% increase over April, despite April typically being …
May 04 2023
Study: Canada Marijuana Legalization Associated With 9% Reduction in Traffic Crashes
Toronto saw a 9% reduction in traffic crashes immediately following Canada’s legalization of marijuana, according to a new study being published in the journal Drug and Alcohol Review and published online ahead of print by the US National Library of Medicine. Conducted by researchers at the Université de Sherbrooke, this study “examines the association between …
Apr 21 2023
CA$365.7 million in Legal Marijuana Purchased in Canada in February
There was CA$365.7 million ($270 million) in legal marijuana and marijuana products purchased in Canada in January. The number marks a slight decrease from the CA$395 million sold in January, although this isn’t surprising given the decrease in the number of days between January and February. December, 2022 continues to hold the monthly record at …
Mar 19 2023
Study: 59% of Neighborhoods in Canada Within a 5-Minute Drive of a Cannabis Store
A new study published in the journal Drug and Alcohol Review details just how much Canada’s legal cannabis market has grown since being legalized in 2018. Titled Access to legal cannabis market in Canada over the four years following non-medical cannabis legalisation, the study was conducted by researchers at the Ottawa Hospital Research Institute, the …