June 30, 2020 | Benchmarks Update - Daily Cannabis Sales Growth
The elevated demand for cannabis seen in March in response to the COVID-19 pandemic was maintained in April, according to new data from Statistics Canada. Monthly sales in April reached C$180 million. While total sales were down slightly from March, national average daily sales saw a 3% rise. Learn more.
June 23, 2020 | Benchmarks Update - Ontario Cannabis Store Online Sales
This week's Canada Cannabis Spot Index examines a data from the Ontario Cannabis Store for the year ending March 30, 2020 - specifically, online sales. Learn more.
June 16, 2020 | Benchmarks Update - Analyzing Ontario Cannabis Store Data
This week's Canada Cannabis Spot Index examines a new report from the Ontario Cannabis Store (OCS), which details the development of the province's legal cannabis market from April 1, 2019 through March 31, 2020. Learn more.
June 9, 2020 | Benchmarks Update - Industrial Hemp Sector in Canada
Licensed industrial hemp cultivation for commercial purposes first took place in 1998. While 2019 production data is not yet available, information from 2018 published by Health Canada shows that over 700 hemp cultivation licenses were issued that year, encompassing over 31,500 hectares (almost 78,000 acres) approved for hemp growing. Most of Canada's hemp production in 2018 occurred in the three prairie provinces: Alberta, Saskatchewan and Manitoba. Learn more.
June 2, 2020 | Benchmark Update - Average Daily Sales per Retail Store, March 2020
March 2020 cannabis sales were recently released by Statistics Canada; retail revenue totaled C$181M, up almost C$30M month-on-month and C$120M year-on-year. Read more.
May 26, 2020 | Benchmark Update - Retail Stores Per Capita
As of this month, Cannabis Benchmarks counts almost 900 legal stores in the country, an increase of over 120 from the end of February. Over half the stores nationwide are located in Alberta. Meanwhile, Ontario, has fewer than 75 stores open. Read on...
May 19, 2020 | Benchmark Update - Number of Cannabis Consumers by Province
Data on Canadian cannabis usage from Statistics Canada shows that the number of users trended upward from the beginning of legal recreational sales in Q4 2018 through 2019. Cannabis Benchmarks anticipates that usage will continue to increase in 2020 - and at a greater rate, on average, than it did in 2019 - due to more widely available cannabis 2.0 products and more retail locations. Learn more.
May 12, 2020 | Benchmarks Update - Dry Cannabis Consumption by Patients
This week's CCSI report examines newly-released medical cannabis sales data.Although the data is only current to September 2019, Cannabis Benchmarks has modeled medical cannabis sales from October 2019 through February 2020. Sales of cannabis to registered patients have declined sharply since the recreational market opened, but our projections indicate that they will eventually find a bottom even as recreational sales continue to grow.
May 5 | Benchmarks Update - Monthly Legal Non-Medical Cannabis Volume Sold, February 2020
Data from Statistics Canada shows that the total amount spent on both legal and illegal cannabis in the country has held steady since the start of legalization, but the licensed market has progressively been capturing a larger portion of the pie. Read on.
Apr. 28 | Benchmarks Update - Recreational Cannabis Sold in Canada, February 2020
In February, total Canadian retail cannabis sales dropped a bit month-over-month, to C$150M. However, the downturn in the total was due to the short month, and increasing average daily sales in February point to continued growth. Read on.
Apr. 21 | Benchmark Update - Canada Monthly Retail Sales from Online and Brick & Mortar Stores
Prior to the COVID-19 pandemic, Cannabis Benchmarks' analysis showed that increasing recreational cannabis sales in Canada were highly correlated to the opening of new brick-and-mortar retail locations. Despite online sales being available from the start of legalization, Canadians appear to greatly prefer purchasing cannabis in person. Read on.
Apr. 14, 2020 | Benchmark Update - Non-Medical Volume Sold in Canada, Oct. 2019-Jan. 2020
This week's CCSI report reviews Cannabis Benchmarks models of non-medical cannabis sales revenue and volume from October 2019 through January 2020. Read on.