The Financial Post reports in its Saturday, Nov. 23, edition that legal recreational weed sales declined across the country in September, with New Brunswick charting one of the largest month-over-month drops, according to the latest data from Statistics Canada released Friday. The Post's Vanmala Subramaniam writes that about $123-million in legal adult-use cannabis was sold across Canada, down 2.4 per cent from $126-million in sales in August.
New Brunswick -- the province that is looking to sell its retail weed business to the private sector because of compounding losses -- sold 40 per cent less pot in September than it did the previous month, according to StatsCan. The province took in just $3.3-million from cannabis sales in September, compared with $5.4-million in August.
Ontario, meanwhile, saw a 6-per-cent decline in pot sales from August, bringing in $31.8-million compared with $33.8-million the month before.
September recreational cannabis sales increased by 4.7 per cent in Quebec, where there are currently 28 legal retail stores in operation. Cannabis sales could take a hit in Quebec in 2020, given that as of Jan. 1, Quebeckers under 21 will not be legally allowed to purchase or consume cannabis.
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