Legal cannabis sales overtake illicit market for first time in Ontario: OCS

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New data shows sales made through Ontario's legal cannabis channels have overtaken those made through the illicit market for the first time ever.

The Ontario Cannabis Store said in its second-quarter report released this week that 54.2 per cent of the pot purchases made in the province between July and September were linked to legal retailers.

“When it comes to the unregulated market, are a difficult number to pinpoint, but assuming the reporting is true, it's not hard to believe,” said Jennawae McLean, the co-founder of Calyx + Trichomes, a cannabis store chain in Kingston, Ont. When recreational cannabis was legalized in 2018, the legal market was responsible for only 5.4 per cent of pot purchases, but that number grew to 19 per cent at the end of 2019 and 44.1 per cent at the end of 2020.

“He had no idea where to even start and he said that was because since he started smoking cannabis, he got it from a guy and didn't know what it was or what was available.” Despite generating lower sales, Lori Hatcher felt drinks helped the legal market pull ahead and thinks the category will keep squeezing illicit sellers out.

Stores were temporarily closed in many provinces and with strict rules around cannabis marketing, beverage producers had to rely on word of mouth and customers stumbling across their products online.

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How could you possibly know that? As a patient smoker for years & as a caterer of Yup its in there! The stores stuff sucks! It's often mislabeled & pricing of different brands mean less bang for your buck. & I know a few stores going out of business now too. Online even worse

Lol what, I'm sure the black market is keeping and submitting sales records?

Unless you’re in Mississauga!! They gave all sales to the illegal market

Cope

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Legal cannabis sales have overtaken illicit market for first time in Ontario, OCS saysThe Ontario Cannabis Store says in its second-quarter report that 54.2 per cent of the marijuana purchases made in the province between July and September were linked to legal retailers How would they know? Convenience only.....for now where did they get the numbers from did they go around asking all the bad guys how much they grow last year.
Source: globeandmail - 🏆 5. / 92 Read more »

Legal cannabis sales have overtaken illicit market for first time in Ontario, OCS saysThe Ontario Cannabis Store says in its second-quarter report that 54.2 per cent of the marijuana purchases made in the province between July and September were linked to legal retailers How would they know? Convenience only.....for now where did they get the numbers from did they go around asking all the bad guys how much they grow last year.
Source: globeandmail - 🏆 5. / 92 Read more »