Canadian Cannabis Sales See Small Increase In December

Canadian Cannabis Sales See Small Increase In December
Canadian Cannabis Sales See Small Increase In December
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Health Canada has released their initial report for December cannabis retail sales in Canada. It is a preliminary report but it shows a small increase in sales. Canada is still expanding its infrastructure around retail sales and supply, so this is expected to continue to increase. 

Here are the highlights from the report: 

Highlights for the ending December 31, 2018
  • Total sales of dried cannabis in December increased by 4% compared to November (from 6,963 kg to 7,252 kg).
  • Total sales of cannabis oil increased by 2% (from 7,014 litres to 7,127 litres).
  • Total inventory of dried cannabis (finished and unfinished) held by cultivators, processors, distributors and retailers stood at 128,321 kg at the end of December – 17.7 times total sales in the month. Cannabis oil inventories totalled 64,867 litres – over 9.1 times total sales.
  • The total amount of finished dried cannabis products held in inventory at the end of December decreased by 4% compared to the end of November (from 19,935 kg to 19,085 kg). The total amount of finished cannabis oil products increased 14% (from 33,953 litres to 38,829 litres).
  • Finished inventory held by provincial and territorial distributors and retailers increased 6% for dried cannabis. In aggregate, this inventory held by provinces and territories was the equivalent of nearly two months' supply of dried cannabis when compared against the volume of non-medical sales in December.
  • Finished inventory held by provincial and territorial distributors and retailers increased by 49% for cannabis oil. In aggregate, this inventory held by provinces and territories was the equivalent of five months' supply of cannabis oil when compared against the volume of non-medical sales in December.
  • Finished inventory held by federal licence holders decreased 14% for dried cannabis and increased 4% for cannabis oil.
  • Unfinished inventory held by federal licence holders increased 12% for dried cannabis and increased 13% for cannabis oil.


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