Ontarians Spend $20m on Cannabis 2.0 Items in First Three Months of Sales: OCS

TORONTO — Ontarians shelled out almost $20 million in the first three months products in Canada’s second wave of cannabis legalization were available for sale.

Cannabis vapes, topicals, concentrates, and edibles including gummies and chocolates only hit store shelves in January and beverages in March, but roughly $19.3 million worth of those products were sold in Ontario between April 2019 and March 2020.

The province’s pot distributor, the Ontario Cannabis Store, said vapes were the most popular of the new products, with $14.8 million worth sold in their first three months.

Edibles totalled $3.8 million, beverages reached $410,000, topicals hit $40,000 and concentrates amounted to $300,000.

The data was revealed in a new report the OCS published this week to offer a glimpse at the country’s first full year of legal cannabis operations.

The OCS says the data shows consumer enthusiasm, but it will likely take some time for trends to emerge because offerings in the new categories from licensed producers were initially fairly narrow.

This report by The Canadian Press was first published on June 9, 2020.

The Canadian Press