You are here
Home 🌿 Recreational Marijuana News 🌿 Legal online weed sales brisk in small-town B.C., not big cities, provincial figures show 🌿Legal online weed sales brisk in small-town B.C., not big cities, provincial figures show
The province has sold 2,084 kilograms of cannabis in the first six months of legalization, so just who is buying legal pot online in B.C.?
People in Chemainus, Gold River and Smithers — but Vancouver, not so much.
The government has sold more than $18 million worth of cannabis since legal sales began in B.C. last October. But Lower Mainland sales were slow compared to smaller towns, according to provincial data.
When it comes to legal pot sales, receipts show that transaction levels, per capita, are lowest in bigger cities close to Vancouver.
Weed sales were much higher on a per-capita basis in regional districts beyond Greater Victoria, the Lower Mainland, Sunshine Coast and Sea-to-Sky corridor, accounting for nearly half of all provincial sales generated between last October and late May.
All this according to provincial data from sales in 77 cities. Total cannabis sales in the 2018/19 fiscal year so far total $18 million, according to the B.C. Liquor Distribution Branch's recently released annual service plan report.
Pot industry expert Michael Armstrong, an associate business professor at Brock University, predicted legal cannabis sales would pale compared to illegal business. He's not surprised people in bigger cities still bought illegal pot, given all their options.
"If they are happy with what they are getting from their black or grey market store they would have just kept doing that," said the industry analyst based in St. Catharines, Ont.
Armstrong said the B.C. data remains consistent with cannabis sales across Canada — illegal sales continued to double legal pot sales in the first six months after legalization.
Kamloops was the lone provincially run retail store in B.C. during the first six months after legalization, but sales for that location were not released.
There were only 1,041 online sales recorded in the city of 90,000 so it's likely that more buyers walked into the store, said Armstrong,
B.C. slow to open stores
Orders were low in general in other mid-sized to large cities in the province.
"B.C., we know, has been trailing in per-capita legal sales, partly because it's been very slow to open legal stores and partly because you have such established black and grey market suppliers there," said Armstrong.
Another hiccup has been a shortage of product across Canada. Armstrong says Health Canada data puts the country's recreational cannabis use at about 77,000 kilograms per month, and the legal product available in the first month of sales was about one-eighth of the demand.
By May 2019 legal cannabis sales across Canada hit $85 million, an $11-million leap over the previous month. Armstrong says that shows the choice to buy legal is on the rise.
The data on cannabis sales in B.C. was garnered from a Freedom of Information request for the total amount of online and in-store cannabis sales figures from October, 17, 2018 until May 28, 2019.
The Ministry of the Attorney General's Liquor Distribution Branch refused to provide store sales figures, but did give the total number of online transactions for 77 cities.
Exact monetary sales figures were not provided because the LDB argued that such disclosure would be "harmful to the financial or economic interests of a public body."
420 Intel is Your Source for Marijuana News
420 Intel Canada is your leading news source for the Canadian cannabis industry. Get the latest updates on Canadian cannabis stocks and developments on how Canada continues to be a major player in the worldwide recreational and medical cannabis industry.
420 Intel Canada is the Canadian Industry news outlet that will keep you updated on how these Canadian developments in recreational and medical marijuana will impact the country and the world. Our commitment is to bring you the most important cannabis news stories from across Canada every day of the week.
Marijuana industry news is a constant endeavor with new developments each day. For marijuana news across the True North, 420 Intel Canada promises to bring you quality, Canadian, cannabis industry news.
You can get 420 Intel news delivered directly to your inbox by signing up for our daily marijuana news, ensuring you’re always kept up to date on the ever-changing cannabis industry. To stay even better informed about marijuana legalization news follow us on Twitter, Facebook and LinkedIn.