Statistics Canada released Canadian recreational cannabis sales for the month.

Last 13 Months:

Note: With the update to November 2020 with the December 2020 release, Nov 2020 on a daily basis actually contracted a very nominal amount of -0.1%.

Note 2: We are pessimistic about January 2021 “growth”.  A post-holiday decline (maybe double digits) might occur.  Then with February being 3 days shorter, the MoM might not show an increase until March 2021 is reported in May 2021.

Daily purchase growth increased for the holiday shopping season with +10.6% or $9.6 million/day or annualized $3.5 billion.

Annual growth per month on YoY basis is $150 million

• Ontario + $60 million
• Alberta + $32 million
• Quebec + $17 million
• BC + $25 million

Month Over Month $’s delta by Province:

Quarterly Trailing 3-month sales evidence a +12% QoQ. Lowest on record QoQ growth.

Leading provinces by $ growth for the month:

Canada +$37 million

Ontario +$12 million (40% of Canada wide growth QoQ is from Ontario)

Alberta +$9.8 million

BC +$6.0 million

Quebec +$5.9 million

Leading provinces by $ contraction for the month:

Sask -$1.9million

Month Over Month % delta by Province:

December 2019 to December 2020 growth was 102%.

Leading provinces by % growth for the month:

• Canada +14.3%
• NWT +113%
• Nfld Lab +42%
• NS +20%
• Alberta +18%
• BC +17%

Contraction of note:

• Sask -14 %