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bongme

Legal cannabis sales are soaring in B.C.

Hi

 

Legal cannabis sales are soaring in B.C.

After selling about $4-million in legal weed in June 2019, the province sold more than $29-million worth of cannabis in June 2020

 

British Columbia has long been known as Canada’s cannabis capital, but following the lifting of prohibition, legal sales have been sluggish in Canada’s third most populous province.

That appears to be changing, however, as the latest data from Statistics

 

After selling about $4-million in legal weed in June 2019, the province sold more than $29-million worth of cannabis in June 2020. In fact, legal cannabis sales have been trending upwards all of 2020, with the province netting more than $20 million in sales every month since February.

Price drops, cannabis 2.0 products — such as vapes, edibles, and beverages — and improved ordering options spurred on by the pandemic, such as online and telephone ordering and in-store pickup, have benefitted the sector across the country, but nowhere is this more apparent than in B.C.

Cannabis sales nationwide have jumped from $91 million in June 2019, to more than $200 million in June 2020.

B.C. has also benefitted from having more than 220 retail stores up and running, compared to just 130 in Ontario. Alberta continues to lead the nation, with more than 500 cannabis retail stores operating.

The improved sales are still only a fraction of the market, however. According to StatsCan, legal cannabis accounts for only 46 per cent of Canada’s cannabis consumption.

 

https://www.thegrowthop.com/cannabis-news/legal-cannabis-sales-are-soaring-in-b-c

 

Bongme

 

 

 

 

 

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Hi

 

And that's with lockdown imagine when everything gets back to normal :yep: it will get better!

 

After all these years lawmakers have been...:wanker:

 

 

My Own Worst Enemy By Lit (2014 )

 

 

Bongme :yinyang:

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It'd be fantastic to soar with the sales :smoke::toot:

WoW, Look at the turnover rising :guitar::gossip::band:  :hug::hippy::oldtoker:     ... people love their weeds, and always did.... had loads around the house if they needed it. Then it all went strange at the beginning of the 20th century...

Now the Global situation is such a Sicko's Fucking Farce for those who have to watch the fucking police upsetting everybody at home , jeepers fucking creepers, the bastard imposters.....

                                           :skull::police::skull::nazi::skull::police:    :lucky:   :police::skull::nazi::skull::police::skull:

     

Edited by schmoak
read the figures!!
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Im not sure on the prices its being sold at but think its generally at what black market prices were, but now in a legal market. When do you think cannabis will be available at its equivalent pre-prohibition price? or will big business try to keep it at its artificially inflated price?

entirely made up figures,  but.... Alcohol pre-prohibition $2 per bottle of whisky... Alcohol during prohibition.. $10 per bottle of whisky.... Alcohol after prohibition.... back to $2 per bottle of whisky (eventually)...

 

Cannabis pre-prohibition.... Free- $2 per oz... Cannabis during prohibition...$200 per oz.... Cannabis JUST after prohibition (now).... the same price as black market..... Cannabis in a few years?.... Will it return to pre-prohibition equivalent prices, like all other prohibited substances that gain a legal market? or will big business try to keep its cost artificially high?

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