Retail Cannabis Sales Growth Continues To Slow, Retail Stores Decrease

Retail cannabis sales rebounded in February and April after dropping to their lowest in nearly a year in January 2024, according to the most recent figures from Statistics Canada. Although cannabis sales in Canada still show year-over-year growth, the increase in those sales continues to slow as the market reaches a possible saturation point. Retail cannabis sales in Canada were $539 million in April 2024, after dropping to $518 million in January after the holiday…