Canadian Cannabis Sales Declined 2% in January Sequentially

Statistics Canada released January retail sales for the country this morning, with cannabis sales decreasing from December by 2.1% to C$347.2 million.

Quebec was down 14% from December and 2% from a year ago, while British Columbia was down 5% from December as it advanced 24% from a year ago.

Hifyre IQ estimated that product categories have seen a shift towards flower products, which it estimates at 29.5% in January compared to a record 30.0% in December, when edibles got a bump due most likely to the holidays.

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