Ontario legal cannabis sales outpace black market for first time

54% of recreational pot sales in Ontario took place legally between July and September

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Good things keep growing in Ontario.

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More recreational cannabis users in the province are buying their bud legally than on the black market, according to the Ontario Cannabis Store’s (OCS) most recent quarterly report.

That’s the first time legal sales have outpaced illegal sales in Ontario since legalization in Oct. 2018, OCS reported — attributing the numbers to Statistics Canada, which collects extensive cannabis market data .

“This past quarter marked the reopening of the province and despite the COVID-19 pandemic continuing to affect many areas of the economy, significant progress was made in the cannabis marketplace,” read the report’s executive summary.

Between July 1 and Sept. 30, 54.2% of Ontario’s cannabis sales were made either on OCS’s website or one of the province’s 1,115 legal retailers.

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Recreational pot sales amounted to just under $394 million in Q3 2021, a 28% increase from the last quarter — $17.5 million sold through OCS.ca and the balance via retail stores.

A little over half of all cannabis sales were dried flower, with pre-rolls and vapes coming in second and third respectively.

While interest in edibles — which includes baked goods, chocolate, hard candies and soft chews — only amounted to 5% of sales this quarter, interest in the long, slow high is gaining.

Concentrates, such as hashish, shatter, distillates and wax, amounted to 3%, with other products — including oils, beverages, capsules, seeds and topicals — amounted to 2% or less of all sales.

bpassifiume@postmedia.com
On Twitter:   @bryanpassifiume

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